LONDON: Barclays’ Chief Executive Antony Jenkins is facing a high-wire act to overhaul the firm’s investment bank without undermining a division that contributes...
LONDON: Barclays’ Chief Executive Antony Jenkins is facing a high-wire act to overhaul the firm’s investment bank without undermining a division that contributes...
DOHA: Al Faisal Holding (AFH) entered into a settlement agreement with Habtoor Leighton Group (HLG), the company said yesterday. According to the agreement,...
PARIS: France will stick to the country’s EU-set budget deficit reduction target, the new finance minister insisted yesterday, dismissing earlier indications that Paris...
FRANKFURT: RWE, Germany’s second-biggest power supplier, said yesterday it will start gas deliveries to Ukraine as Russia threatens to cut off the country’s...
MOSCOW: The Russian economy could be set back to zero growth this year, the finance minister warned yesterday amid growing spending on Crimea...
KUWAIT: Kuwait plans to award a KD1.2bn ($4.3bn) contract later this year for the first phase of a project to produce heavy oil...
BAGHDAD: Iraq’s cabinet approved yesterday an $588.8m oilfield service contract with South Korea’s Daewoo Engineering & Construction for the development of the Zubair...
BERLIN: German economic growth will accelerate this year to 1.8 percent and pick up again next year, the economy ministry said yesterday, although...
DUBAI: Saudi Arabia’s Sahara Petrochemical, currently in talks with Sipchem over a possible merger, posted a 20.3 percent drop in first-quarter net profit...
LAGOS: Nigeria’s oil firm Seven Energy said yesterday it had secured $255m in equity funding from global investors, including Singapore’s Temasek, to boost...
The Chairman of the Administrative Control and Transparency Authority, H E Abdullah bin Hamad Al Attiyah (centre) met with the Secretary-General of the...
DOHA: Five initial public offerings (IPOs) from the Middle East and North Africa (Mena) region raised over $1.28bn (QR4.66bn) during the first quarter...
By Satish Kanady DOHA: High dividend paying stocks on Qatar Exchange have performed significantly worse compared to low dividend paying stocks in the...
US Treasury Secretary Jack Lew (left) and Ukrainian Finance Minister Oleksandr Shlapak during a signing ceremony for a $1bn loan guarantee for Ukraine,...
Participants at the Tamayoz training programme. DOHA: ExxonMobil Qatar’s Tamayoz training programme provided development opportunities to dozens of participants from joint venture partners...
People at the financial district of Singapore as the economy slowed sharply in the January-March period. SINGAPORE: Singapore’s economic growth slowed sharply in...
Peugeot Citroen CEO Carlos Tavares presenting the group’s strategic plan ‘Back in the Race’ in Paris yesterday. PARIS: French automobile group Peugeot Citroen,...
People walk inside a mobile phone shop at a department store in Bangkok yesterday. Thailand expected to post slowest GDP growth in Asia.