ISTANBUL--The Turkish lira weakened to a fresh record low of 2.55 against the dollar on Wednesday as the U.S. currency's gains to 11-year...
ISTANBUL--The Turkish lira weakened to a fresh record low of 2.55 against the dollar on Wednesday as the U.S. currency's gains to 11-year...
MANAMA-- Bank of Khartoum, an Islamic institution which is Sudan's biggest privately owned bank, plans to open a wholesale banking branch in Bahrain,...
Moscow--Inflation-weary Russians saw the price of fruit and vegetables increase by 22 percent in January, the government said Wednesday, increasing pressure on households...
Athens--Greece on Wednesday raised 1.138 billion euros ($1.29 billion) in six-month treasury bills as it raced to gather funds for debt repayments this...
Colombo--The IMF on Wednesday ruled out a fresh bail-out for Sri Lanka, which had hoped to secure loans of more than $4.0 billion...
Luxembourg--Britain won a court challenge Wednesday against a European Central Bank ruling that required banks to base clearing houses dealing with euros in...
Hong Kong--Asia-focused Standard Chartered bank said Wednesday net profit fell 37 percent in 2014, the second consecutive year of decline, almost a week...
Francois Hollande Paris--French President Francois Hollande said Wednesday his government would find 4 billion euros in "new savings" this year to meet demands...
London--Britain's state-rescued Royal Bank of Scotland will axe up to 14,000 jobs by 2019 in a retreat from investment banking, the Financial Times...
BY MOHAMMAD SHOEB DOHA: Qatar’s aluminium industry remained resilient to the global economic downturn and dwindling oil prices. The total annual production of...
A view of the new headquarters of QIB-UK. DOHA: Qatar Islamic Bank (QIB), Qatar’s leading Islamic bank, has announced the opening of its...
BY SACHIN KUMAR DOHA: Global investors are bullish on most of the Qatar listed companies as they increased their stakes in these companies...
DOHA: As the government continues investing heavily in the non-hydrocarbon sector despite lower oil prices, Qatar’s real GDP growth is expected to accelerate...
DOHA: Nakilat Damen Shipyards Qatar (NDSQ) has delivered two new Qatari-built mooring tugs to towage operator Nakilat SvitzerWijsmuller (NSW). The delivery of the...
Sunil Kambrath receiving the award. Doha: Gulf Warehousing Company (GWC) received the internationally renowned GIL Global Best Practices Award for Leading Domestic Logistics...
Doha: Qatar Stock Exchange index closed 158.44 points, or 1.27 percent, lower when it closed yesterday at 12,291.90 points from Monday’s position of...
DOHA: Qatar was ranked fourth on 2015 Islamic Growth Markets Investments Index, which ranks countries’ investment potential relative to other members within the...
NEW YORK: Oil rebounded yesterday as Israeli Prime Minister Benjamin Netanyahu warned the Obama administration against accepting a weak nuclear deal with Iran...