VILNIUS: Lithuania’s central bank suspended operations at Ukio bankas yesterday, citing irregularities. The bank is majority-owned by Russian born-businessman Vladimir Romanov and is...
VILNIUS: Lithuania’s central bank suspended operations at Ukio bankas yesterday, citing irregularities. The bank is majority-owned by Russian born-businessman Vladimir Romanov and is...
BUDAPEST: German carmaker Opel, part of US auto giant General Motors, said yesterday it is expanding its Hungarian plant with an engine production...
WARSAW: Poland will invest ¤1.1bn ($1.4bn) as of 2014 in a gas pipeline network linking a new Baltic LNG terminal at Swinoujscie to...
KUWAIT: Islamic financial institutions in Kuwait should hire enough personnel to ensure they comp ly with Shariah standards, and work with the personnel...
The Apple logo at the Yerba Buena Center for Arts in San Francisco. Apple is testing a watch-like device which could perform some...
By Satish Kanady DOHA: Qatar has one of the largest relative public debts in the GCC. With a ‘manageable’ 29 percent of debt...
DUBAI: The United Arab Emirates attracted about Dh30 bn ($8.2bn) of direct foreign investment last year, the UAE’s prime minister said yesterday. Large...
LONDON: Kuwait Energy says it is firmly fixed on pumping gas and finding oil in southern Iraq and will not risk aggravating Baghdad...
NICOSIA: Israeli firms Delek and Anver signed an agreement yesterday to acquire a 30 percent stake in exploration rights for gas and oil...
DOHA: The development of a debt market in Qatar and across the Gulf Cooperation Council (GCC) countries would strengthen the position of asset...
DUBAI: Egypt’s benchmark index fell in thin trading yesterday but the Cairo bourse’s resilience in the wake of prolonged political turmoil suggests the...
LONDON: Traditional British butchers’ shops are seeing a boost to business as meat buyers turn away from imported and processed products following the...
India set for worst car sales in decade after January plunge A sales promotion assistant stands between Maruti Suzuki cars on display at...
OSLO: Norway’s Government Pension Fund, the world’s largest sovereign wealth fund, said yesterday it had entered the US real estate market by investing...
MUMBAI: State-run Oil and Natural Gas Corp (ONGC), India’s biggest energy explorer, reported yesterday third-quarter net profit fell 17.5 percent as earnings suffered...
The European Central Bank became the centre in the financial scene last week, as FX markets anticipate a justification from ECB President Mario...
Amer Al Jabri, Chief Executive Officer of AJF, and Tamim Hamad Al Kawari, Chief Executive Officer of QInvest signing the agreement. DOHA: Al...
DUBAI: Credit Suisse’s top investment banker for Qatar has resigned, three banking sources said, in a move that comes as the Swiss bank...
