CAIRO: Egypt will pay $1.5bn of the money it owes to foreign energy companies by the end of 2014, its oil minister said...
CAIRO: Egypt will pay $1.5bn of the money it owes to foreign energy companies by the end of 2014, its oil minister said...
NEW YORK: New York prosecutors sued British bank Barclays for fraud on Wednesday, saying it ran a “dark pool” securities trading operation to...
Employees outside the Peninsula Paris hotel in Paris. The 1908 building, acquired by Katara Hospitality, will open in August after four years of...
DOHA: Qatar bourse’s benchmark index plunged three month-low on blue chip pullback yesterday. The index slid 1.81 percent to close at 12,100.93 points. ...
DUBAI: Dubai’s stock index rebounded strongly yesterday from a plunge in the last session as Arabtec, which continued to dominate trading, turned around...
MILAN: Emirates airline Etihad Airways tied up a deal to rescue debt-laden carrier Alitalia yesterday by taking 49 percent of the Italian company....
Toyota Motor Corp’s Executive Vice-President Mitsuhisa Kato speaks in front of the company’s prototype fuel cell vehicle (FCV) sedan car, which has the...
Doha: Gulftainer, a subsidiary of Crescent Enterprises and one of the world’s largest privately owned port management and logistics companies, marked its expansion...
DUBAI: Nakheel, the real estate giant at the heart of Dubai’s financial crisis, said yesterday it will pay off all its bank debt...
Washington: A series of meetings and events was held between Qatar Business Council and a number of chambers of commerce in the United...
LONDON: Britain became the first Western country to sell an Islamic bond yesterday, attracting £2.3bn ($3.9bn) in orders, more than 10 times the...
WASHINGTON: The US economy contracted at a much steeper pace than previously estimated in the first quarter to record its worst performance in...
Doha: Empower, the world’s largest district cooling service provider, yesterday announced that it has repaid the first installment of the Dh520m loan to...
Doha: Canon Middle East, a leader in imaging solutions, has expanded its partnership with MFI International Group for the distribution of Canon products,...
PARIS: The French government promised yesterday to slash red tape holding back housing investment and to ease conditions for interest-free loans to halt...
Vanke’s Chairman Wang Shi reacts after hitting the gong during the debut of his company at the Hong Kong Stock Exchange yesterday. China...
ISTANBUL: Three of Turkey’s leading private banks led the country’s main stock index lower yesterday, after ratings agency Fitch downgraded their ratings. The...
MUMBAI: New Indian Prime Minister Narendra Modi’s promises to revive the economy face a gathering threat from inflation, which is creeping up again...