MANAMA: International Bank of Azerbaijan (IBA), the country’s biggest lender, plans to raise $150m through an Islamic syndicated loan early next year and...
MANAMA: International Bank of Azerbaijan (IBA), the country’s biggest lender, plans to raise $150m through an Islamic syndicated loan early next year and...
DHAKA: Bangladesh yesterday invited bids from international companies to explore offshore oil and gas reserves, an official said, as the fast-growing economy seeks...
DHAhran: Oil giant Saudi Aramco said yesterday that an August cyber attack on its computer network targeted not just the company but the...
Snow-covered new Opel cars just off the production line, parked at the Opel Works in Bochum, northwest Germany, before daybreak yesterday. In response...
By Ole Hansen (Head of Commodity Strategy, Saxo Bank) The first week of December saw commodity markets lose some of the positive momentum...
After five days of making higher lows and highs, the Euro outperformance ended after the European Central Bank press conference on Thursday. The...
Doha: Qatar Exchange index was down 5.65 points or 0.07 yesterday to reach 8,354.65 points from the previous closing of 8,360.30 points. The...
DOHA/GENEVA: Business leaders presented to World Trade Organization (WTO) permanent ambassadors and representatives, at WTO headquarters in Geneva yesterday, their initial recommendations for...
DUBAI: Dubai developer Emaar Properties and an arm of Dubai Holding launched the first project in a planned multi-billion dollar flagship development yesterday...
Beijing: China’s inflation rate increased to 2.0 percent in November, official figures showed yesterday, in another sign of a continued rebound in the...
Officials with the Best Mena Oil and Gas Project Award at the Adipec ceremony. DOHA: Pearl Gas to Liquids (GTL) project received yet...
DOHA: The lending patterns of banks here have been changing with real estate emerging as a key borrower, pushing the banking industry’s all-time...
OTTAWA/HONG KONG: Canada approved China’s biggest ever foreign takeover, the $15.1bn bid by CNOOC Ltd for energy company Nexen Inc, after the Chinese...
NEW YORK: US Airways Group Inc has made a formal merger proposal to American Airlines parent AMR Corp and its creditors that could...
DOHA: With the phenomenal boom in Qatar’s LNG supply, the hydrocarbon rich country is diversifying its export destinations. In 2007, it exported gas...
First Finance Company officials during the award ceremony. Doha: Barwa Bank, Qatar’s fastest growing Shariah-compliant bank, has been named winner of the Islamic...
Athens: Greece is set to purchase back about half of its debt owned by private investors, broadly succeeding in a bond buyback that...
WASHINGTON:Goldman Sachs Group Inc was fined $1.5m to settle charges it failed to supervise its traders and allowing one futures dealer to hide...