Business

Indian antitrust watchdog raids Glencore business, others over pulse prices 17 Mar 2019 - 08:51 pm

New Delhi: India's antitrust watchdog raided units of global commodities trader Glencore and two other firms in Mumbai on Saturday in an inquiry...

Germany's two top banks launch merger talks to create national 'champion' 17 Mar 2019 - 03:52 pm

Berlin: Germany's two biggest lenders, the ailing Deutsche Bank and Commerzbank, said Sunday they would launch formal talks toward a possible merger that...

Qatar-Oman trade rises to QR6.8bn in 2018 17 Mar 2019 - 08:17 am

Bilateral trade between Qatar and Oman rose by 240 percent in two years, reaching QR6.8bn in 2018, a significant increase from QR3.8bn in...

Reading the tea leaves of global trade 17 Mar 2019 - 08:09 am

A new wave of optimism has taken over the financial markets in recent weeks, driven by a more dovish Fed and positive rumours...

Commercial Bank launches 2019 Spring lending campaign 17 Mar 2019 - 08:08 am

Commercial Bank has announced a launch of special offers on Personal Loans and Vehicle Loans for the Bank’s customers. The aim of the...

Doha Bank celebrates 40th anniversary with exciting gold prizes 17 Mar 2019 - 08:06 am

As part of its 40th anniversary celebrations, Doha Bank, one of the largest private commercial banks in Qatar, has announced an exciting campaign...

QCB circulates International Court order to freeze assets of a non-QFC company 17 Mar 2019 - 08:05 am

Qatar Central Bank circulated last Sunday an Enforcement Order, issued by the Enforcement Judge of the Qatar International Court against a non-QFC registered...

QAC signs deal to supply MBM with over 50 FUSO Rosa buses 17 Mar 2019 - 08:04 am

Qatar Automobiles Company (QAC), the authorised distributor of Mitsubishi Motors Corporation and FUSO in Qatar, a subsidiary of Naser Bin Khalid Group of...

QNB wins two top honours at ‘Arab Banks Digital Excellence 2018’ awards 17 Mar 2019 - 08:00 am

QNB Group, the largest financial institution in the Middle East and Africa,recently won the “Best Mobile Banking Application” and “Best Digital Bank in...

Auto market makes a remarkable recovery 17 Mar 2019 - 07:58 am

Qatar’s automobile sector made a remarkable growth in January 2019 showing its resilience to the impact of global economic challenges and ongoing unjust...

QFC’s Fast, Forward event brings financial services to forefront 17 Mar 2019 - 07:55 am

The Qatar Financial Centre (QFC), one of the world’s leading and fastest growing onshore business and financial centres, concluded the financial services edition...

Fitch Ratings affirms QIIB ratings at ‘A’ 17 Mar 2019 - 07:53 am

Fitch Ratings has affirmed QIIB’s rating at ‘A’ with a ‘stable’ outlook reflecting the bank’s strong financial position and its consistency with the...

PwC investigation finds $7.4 bln accounting fraud at Steinhoff 15 Mar 2019 - 10:06 pm

JOHANNESBURG: South African retailer Steinhoff said an independent report had found it had overstated profits over several years in a $7.4 billion accounting...

QFCRA closes First Abu Dhabi Bank 15 Mar 2019 - 11:47 am

The QFC Regulatory Authority (QFCRA), pursuant to Article 31 of the Financial Services Regulations (the FSR), yesterday issued First Abu Dhabi Bank P.J.S.C...

QSE’s main index gained 189.37 points last week 15 Mar 2019 - 11:43 am

Qatar Stock Exchange’s (QSE) benchmark index gained 189.37 points, or 1.94 percent, last week when the bourse closed yesterday at 9,970.55 points. Trading...

Qatar’s PMI recorded slight decline in February 15 Mar 2019 - 11:37 am

Qatar Financial Center’s Purchasing Managers’ Index (PMI) recorded a slight decline in February, reaching 48.5 points against 50.5 points in January. The latest...

Entrepreneurs brave Baltic ice in bid for cash 14 Mar 2019 - 05:23 pm

Oulu, Finland: How far would you go to win 10,000 euros ($11,300)? On a blisteringly cold night in northern Finland, hopeful entrepreneurs plunge...