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European stocks firmer after US mortgage plan
 LONDON • European stock markets closed firmer yesterday but were off early highs, tracking volatile trade on Wall Street of mortgage giants Fannie Mae and Freddie Mac after a US rescue plan. ..............


Dollar crashes; oil at new record high
 Last week, the foreign exchange market traded in a relatively narrow range until Friday morning when the dollar crashed across the board amid a combination of persistent concerns over the stability ..............

market news 

  • Gulf states splash $25bn on Boeing, Airbus planes
    		•
  • Bush lifts ban on offshore oil drilling
    		•
  • IndyMac depositors line up for cash
    		•
  • Acting Country Manager for Etihad Airways
    		•
  • Iran’s gas export prospects sink
    		•
  • Supply worries as Brazil oil strike begins
    		•

    Local Business News

  • Corporate governance need of the hour, finds survey
    		•
  • IGTC-Chubb Fire earns new ISO certificates
    		•
  • PICPA to hold workshop on accounting
    		•

    Yesterday's News

  • QNB aims to open branches in Sudan and Mauritania
  • Qatar’s economy in the fastest lane
  • Iran, Gazprom sign energy deal
  • Gloom descends on UK property sector
  • Dolphin shortlists 3 firms for gas pipeline
  • Gazprom plans gas sales to UK households
  • Yahoo rejects Microsoft deal as ‘ludicrous’
  • Oil does it again on surging geo-political risk


    • Market Rates
    Exchange Rates as on July 15, 2008
      Buying Selling
    US$ QR 3.6305 QR 3.6500
    UK£ QR 7.1903 QR 7.2905
    Euro QR 4.7381 QR 5.8177
    CA$ QR 3.5668 QR 3.6371
    FFr QR 3.5785 QR 3.6493
    Yen QR 0.0338 QR 0.0345
    Aus$ QR3.4952 QR 3.5648
    Indian Re QR 0.0843 QR 0.0860
    Pak Re QR 0.0516 QR 0.0530
    Phil Peso QR 0.0799 QR 0.0818
    SL Re QR 0.0335 QR 0.0342
    Taka QR 0.0525 QR 0.0539
    Nepal Re QR 0.0525 QR 0.0535
    SA Rand QR 0.4732 QR 0.4825
    Top Stories

    Behind bars

    Gulf states splash $25bn on Boeing, Airbus planes

    Bush lifts ban on offshore oil drilling

    ‘World’s oldest blogger’ dies in Australia

    Brown threatens problem families with eviction

    Ahmadinejad hits out at Velayati

    Turkey charges 86 over alleged coup plot

    Bangladesh introduces sweeping election rules

    Nine US soldiers killed in Taliban attack on base

    Cross-border infiltration on the rise

    Batting lifts South Africa

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