Detroit: The US Treasury has sold another block of shares in General Motors Co, reducing its stake to 7.3 percent as it moves...
Detroit: The US Treasury has sold another block of shares in General Motors Co, reducing its stake to 7.3 percent as it moves...
NEW DELHI: India will provide a Rs10bn ($158m) sovereign guarantee to back local insurance for refineries using Iranian oil, two government sources said,...
KHARTOUM: Bank of Khartoum, Sudan’s biggest privately-owned bank, plans to add 12 more retail branches and launch financing for livestock exports to Gulf...
Al KHOBAR: Saudi Arabia and Bahrain have approved plans to lay a 350,000-barrel per day (bpd) oil pipeline between the two countries, with...
BASRA: Iraq has begun test pumping on a major southern oil pipeline and normal flow is expected to resume today, two oil officials...
JUBA: South Sudan plans to borrow 4.9bn South Sudanese pounds (SSP), or about $1.6bn, to fund its 2013/14 budget of 17.3bn SSP, Finance...
From Left: Central bank governors from Kuwait Mohammed Al Hashel, Qatar H E Sheikh Abdullah bin Saud Al Thani, the United Arab Emirates...
Doha: Qatar Exchange pursued its upswing trend yesterday adding 26.52 points, or 0.27 percent, to advance to 9,833.10 points from 9,806.58 on Tuesday....
WASHINGTON: US corporations will need to disclose how their chief executive’s paycheck compares to that of their average worker under a proposal set...
DUBAI/Al KHOBAR: Kuwait Oil Company (KOC) expects to produce far less heavy crude from the Ratqa field and less light oil from the...
San Francisco: Occidental Petroleum Corp (OXY) may still be headquartered in Los Angeles, as it has been since being founded nearly a century...
DOHA: Al Meera and Qatar Insurance have entered Qatar Exchange’s (QE) 20-stock benchmark index. The bourse’s April 2013 reviews of the ‘qualifying stocks’...
H E Dr Mohammed bin Saleh Al Sada and Datuk Anuar Ahmad exchanging documents during the signing ceremony. DOHA: Qatar Liquefied Gas Company...
DOHA: Qatar Exchange will rename Qatar Company for Meat and Livestock (Mawashi) to Widam with effect from Sunday, September 22. The bourse reminded...
KUWAIT: Kuwait has decided not to build an oil export pipeline to bypass the Strait of Hormuz because it would be too difficult...
DOHA: The Qatari government’s strategy to make the country a centre for Islamic banking is succeeding, according to a report published by Standard...
LONDON: Brent crude fell below $109 a barrel yesterday as a deal averting any imminent US attack on Syria calmed fears of a...
A money changer uses a machine to count Turkish liras in the border city of Hatay yesterday. ANKARA: Turkey’s central bank announced yesterday...