DUBAI: Oman’s Bank Sohar, currently in talks with rival lender Bank Dhofar over a possible merger, posted a 20.5 percent increase in fourth-quarter...
DUBAI: Oman’s Bank Sohar, currently in talks with rival lender Bank Dhofar over a possible merger, posted a 20.5 percent increase in fourth-quarter...
The logo of Swiss drugmaker Novartis at its headquarters in Basel. Novartis expects to cut up to 500 jobs in its pharmaceuticals division,...
A customer talks on the phone behind the logo of KB Kookmin Financial Group at a branch of the bank in Seoul yesterday....
BEIJING: China’s daily Iranian crude oil imports fell 2.2 percent to 428,840 barrels per day in 2013, a smaller-than-expected drop than previously forecast...
Muscat: Oman has seen the birth of its first Islamic insurance (takaful) firm as two others prepare to enter the market, hoping to...
MILAN: Fiat has completed its buyout of Chrysler, making the US business a wholly-owned subsidiary of the Italian carmaker as it gears up...
BUDAPEST: Hungary’s central bank (MNB) cut its main interest rate to a record low level of 2.85 percent from three percent, yesterday. The...
BY MOHAMMAD SHOEB DOHA: As a result of growing environmental concerns, the share of liquefied natural gas (LNG) in the global energy mix...
DOHA: Doha Bank’s net profit for the full year 2013 reached QR1.31bn, up 0.6 percent, compared to QR1.30bn recorded a year ago. Announcing ...
Bo Qiliang (left), Vice-President, PetroChina, and Amin H Nasser, Senior Vice-President, Upstream, Saudi Aramco. By Satish Kanady DOHA: The future of energy industry...
DOHA: Growth in loans and deposits improved in Qatar-based banks in December 2013. Loans climbed by 1.3 percent month-over-month (MoM) and finished up...
A woman poses inside a car on display during an auto show in Gent, Belgium.
Maxime Picat, Head of Peugeot Brand, poses near a Peugeot 308 automobile as part of a news conference to announce sales figures in...
People walk inside the ADAC headquarters in Munich yesterday. BERLIN/FRANKFURT: Germany’s ADAC car club, Europe’s largest and most influential, said revelations it had...
Pipes for a new natural gas pipeline are unloaded on the former airfield in Ellund, Germany, yesterday. The pipes are aimed for the...
DOHA: Growth in loans and deposits improved in Qatar-based banks in December 2013. Loans climbed by 1.3 percent month-over-month (MoM) and finished up...
BEIJING: China’s economy grew 7.7 percent last year, the government said yesterday, in line with expectations and the same as 2012, when it...
DOHA/KUALA LUMPUR: The Malaysia-based International Islamic Liquidity Management Corporation (IILM) has successfully conducted its sukuk issuance programme by auctioning $860m of three-month Islamic...
