Business

Singapore gives toughest sentence to BSI banker 23 Dec 2016 - 01:38 am

Singapore: Yeo Jiawei, a former wealth planner at Swiss bank BSI SA, was given a 30-month jail term, the longest sentence yet handed...

BNM's foreign reserves stand at $96.4bn 23 Dec 2016 - 01:38 am

Bank Negara Malaysia (BNM)'s international reserves amounted to RM399.7 billion (about $96.4bn ), as on December 15, 2016 compared with RM399.64bn about ($96.4bn)...

ADB okays $500m loan to Azerbaijan 23 Dec 2016 - 01:22 am

Baku: The Asian Development Bank (ADB) said yesterday it had approved a $500m loan to help Azerbaijan tackle economic and social problems, mitigating...

Saudi Arabia deficit persists but lower than expected 22 Dec 2016 - 07:42 pm

Riyadh: OPEC kingpin Saudi Arabia on Thursday projected another budget deficit in 2017 but reported a less-than-expected shortfall for this year after cutbacks...

Saudi may achieve budget surplus by 2020: finance minister 22 Dec 2016 - 06:26 pm

DUBAI: Saudi Arabia expects to have at least balanced its budget by 2020 and may even post a surplus, Finance Minister Mohammed al-Jadaan...

Tokyo stocks close down ahead of holiday weekend 22 Dec 2016 - 11:07 am

Tokyo: Tokyo stocks closed lower Thursday, tracking losses on Wall Street ahead of a long, holiday weekend and as investors took profits after...

QIIB gets highest certificate for card data protection 22 Dec 2016 - 08:46 am

Qatar International Islamic Bank (QIIB) has obtained the highest certificate in the field of bank card data protection (PCI-DSS) from SISA, a global...

Nebras closes $430m revolving credit facility 22 Dec 2016 - 08:45 am

Nebras Power has successfully closed a $430m four-year revolving credit facility in its debut on the financial markets, the company said yesterday. Sumitomo...

Chinese delegation & GOIC discuss trade ties 22 Dec 2016 - 08:43 am

Gulf Organization for Industrial Consulting (GOIC) yesterday held a meeting with China's CCPIT – Ningxia to discuss ways to enhance ties and establish...

QIPF concludes workshop on macroeconomics 22 Dec 2016 - 08:42 am

The Qatar Institute for Public Finance (QIPF), has successfully concluded its 4-day workshop on the Concepts and Practices of Macro economy and Public...

Great trade potential between India & Qatar: Minister 22 Dec 2016 - 08:41 am

On the occasion of the bank’s “International Offices’ Meet” Doha Bank hosted a knowledge sharing session “Changing Global Dynamics and Opportunities” recently in...

Enertech attains ‘Full Member’ status of LEEA 22 Dec 2016 - 08:39 am

Enertech Qatar, a leading specialised training services provider, yesterday announced that it has been accredited as a ‘Full Member of LEEA’ ( Lifting...

Qatar Chamber meets with Saudi Chamber's delegation 22 Dec 2016 - 08:37 am

Qatar Chamber held a meeting with the national training commission at the Council of Saudi Chambers, the representative of all training centres in...

Brazilian conservationists develop new tool to cut illegal wood from supply chains 22 Dec 2016 - 08:33 am

RIO DE JANEIRO: Companies that want to buy Brazilian timber without contributing to illegal deforestation have a new tool to help them ensure...

Oil prices lifted by expected fall in U.S. inventories 21 Dec 2016 - 01:51 pm

LONDON: Oil edged up on Wednesday, driven by expectations for a decline in U.S. crude inventories and bringing price gains for December to...

Malaysia's Petronas to cut 20000 bpd of oil output starting from January 2017 21 Dec 2016 - 11:17 am

Kuala Lumpur: Malaysia's Petronas (Petroliam Nasional Bhd) will reduce its crude oil output up to 20,000 barrels per day starting from January 2017....