Doha :: Qatar
| updated Sun Nov 29 21:54:14 -0800 2009
| business-news
The economic recovery in the GCC will gain pace in 2010 and 2011 helped by higher oil prices and Saudi Arabia would be the top pick, Bank of America Merrill Lynch said in a report. Saudi Arabia should benefit from...
Doha :: Qatar
| updated Sat Nov 28 18:33:56 -0800 2009
| business-news
They (Dubai) should have made the announcement about their financial woes later,� said Al Khalaf. When told that Dubai has problems at a time the view in cash-rich GCC is that it is advisable to park the surplus local wealth...
Concluding the Doha Round would promote economic growth as it would help reduce farming subsidies in developed nations," Nuntawan explained. Commerce Minister Porntiva Nakasai is scheduled to attend the 7th World Trade Organisation (WTO) meeting in Geneva from November 30...
UAE consumer prices fell 0.4 per cent in October from a year ago, the fourth consecutive month of deflation. The decline in prices was led by cheaper food and clothing, the UAE’s economy ministry said on its web site yesterday...In...
The market capitalisation of Qatar Exchange breached the QR230bn barrier to touch QR231.5bn as the stocks improved yesterday after Sunday's slump. The main index of the bourse rose 82 points as well to 7,256 with 28 of the 44 listed...
Qatar is going into deflation after witnessing steep rise in the cost of living in 2007 and 2008 especially, which put immense financial strains on people with limited income. A major worry in a deflation-hit economy is that over the...
Economists expect the joblessness that has weighed down the nation's economic recovery will start to slowly abate in 2010, but they predict consumers will continue to keep a tight rein on spending, according to a new survey. The November outlook...
Doha :: Qatar
| updated Sun Nov 22 21:27:40 -0800 2009
| business-news
Qatar's recently issued $7 billion (Dh25.71bn) sovereign bond has been subscribed mostly by investors based in the US and the UK, said reports. The bond, the largest emerging market sovereign debt issuance, currently boasts an order book of more than...
Doha :: Qatar
| updated Sun Nov 22 20:14:25 -0800 2009
| business-news
I would not be surprised if oil prices fall below $70 as the euro/dollar cross violates its uptrend line and falls below 1.46 as risk appetites mute and expectations of a tightening in Chinese monetary policy/shift in the Yuan FX...
Doha :: Qatar
| updated Sun Nov 22 20:15:59 -0800 2009
| business-news
German rail operator Deutsche Bahn said Sunday it had signed a multi-billion-euro contract to build high-speed railway lines and underground transport networks in Qatar and Bahrain. The total investment earmarked for the projects amounts to 17 billion euros (25 billion...
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