KUWAIT: Kuwait has approved bids worth a total of $12bn for major upgrades at two oil refineries, the state-run oil company said yesterday,...
KUWAIT: Kuwait has approved bids worth a total of $12bn for major upgrades at two oil refineries, the state-run oil company said yesterday,...
LONDON: JP Morgan has cut its correspondent banking relationship with Emirates NBD, Dubai’s largest bank, as part of a global review of its...
CAIRO: Egypt’s interim government unveiled its second stimulus package yesterday, which will inject 33.9bn Egyptian pounds ($4.87bn) into the economy, with most of...
ABU DHABI: Abu Dhabi National Energy Co (TAQA), leading a consortium that plans to invest around $2bn to acquire hydropower assets in India,...
LONDON/MADRID: Britain’s Vodafone has made an offer to buy Spain’s largest cable operator Ono from its private-equity owners ahead of a board meeting...
LONDON: An index measuring optimism among British businesses hit its highest level for 22 years in January, providing more evidence of a rebound...
NEW DELHI: Tata Motors, India’s top vehicle group, yesterday reported a tripling of quarterly net profit as a sterling performance by British luxury...
NEW YORK: Brent oil eased after hitting a five-week high yesterday pressured by increased supplies from Libya and the North Sea and as...
ADEN: Yemen’s rising fuel import bill surged past its declining revenues from oil exports in 2013, central bank data showed yesterday, putting increasing...
SYDNEY: Toyota yesterday said it will stop making cars in Australia in less than four years, bringing the country’s auto industry shuddering to...
Afa Boran, Head of Asset Management, Amwal, speaking to The Peninsula yesterday. (Shaival Dalal) By Satish Kanady DOHA: Limited amount of actively managed...
The Minister of Energy and Industry and Chairman and Managing Director of QP, H E Dr Mohamed bin Saleh Al Sada delivering the...
Chinese garbage collectors deliver residential waste to a new recycling trash depot, which proudly encourages residents to recycle, in Beijing yesterday. In the...
An elderly Cypriot couple sits on the steps of Cyprus’ finance ministry building during a protest against benefit cuts in Nicosia. Several hundred...
Visitors applaud at the closing bell of the New York Stock Exchange. The Dow Jones Industrial Average closed up 166 points to end...
DOHA: Qatar’s international reserves rose by $9bn since end-2012 to $42.1bn at end-2013, reflecting a strong current account surplus and lower capital outflows....
DOHA: Qatari bourse made its biggest one-day gain in recent weeks yesterday on the buying interests of local retail investors. The index climbed...
MOSCOW: Russian authorities have issued warnings against using Bitcoin, saying the virtual currency could be used for money laundering or financing terrorism and...
