LONDON: State-backed Lloyds Banking Group said it would not need to issue new equity or specialist debt in order to meet capital demands...
LONDON: State-backed Lloyds Banking Group said it would not need to issue new equity or specialist debt in order to meet capital demands...
A group of trainees attending the Core Skills Programme. DOHA: Enterprise Qatar (EQ), an arm of the Ministry of Business and Trade, has...
DUBAI: As debt-laden Dubai’s economic recovery continues, with grandiose projects making a comeback, the emirate faces some near-term maturity of debt racked up...
CAIRO: Egypt’s central bank kept the price of the country’s currency steady against the dollar at a special $800m foreign exchange auction yesterday,...
DUBAI: Islamic Development Bank, which provides financing and loans in Muslim countries, has more than tripled its authorised capital to $150bn to better...
NEW DELHI: India’s oil imports from Iran fell 34.2 percent in April from March, data from trade sources showed yesterday, bolstering the country’s...
Employees pack refined sugar at Kenana Sugar Company’s main plant, 270km south of Khartoum, yesterday. Next year, the management hopes the plant will...
BASRA: Oil major BP has allocated $2.85bn to develop Iraq’s Rumaila oil field in 2013, up from $2.2bn last year, the head of...
Doha: Qatar Exchange index was bullish yesterday adding 48.95 points or 0.54 percent to advance to 9,085.90 points from 9,036.95 on Tuesday. The...
DUBAI: Kuwait’s stock market boom could run out of steam if the government doesn’t push ahead soon with long-delayed infrastructure projects aimed at...
NEW DELHI/MUMBAI: Larsen and Toubro Ltd , India’s largest engineering and construction group, will look overseas to offset a weak economy and project...
DUBAI: Carrefour, Europe’s largest retailer, is in advanced talks to divest its remaining 25-percent stake in its Middle Eastern joint venture to local...
DUBAI: Emirates NBD, Dubai’s biggest lender by market value, raised $1bn from a capital-boosting bond yesterday, amid healthy demand for the deal. Proceeds...
A replica of the newly unveiled PC 24 aircraft of Swiss plane maker Pilatus during the Annual European Business Aviation Convention & Exhibition...
DUBAI: Doha Bank could issue a capital-boosting bond instead of shares as planned, although it was evaluating the best route to help raise...
DUBAI/ DOHA: Thomson Reuters yesterday launched an Islamic Finance Development Indicator in collaboration with the Islamic Corporation for the Development of the Private...
A worker walks beside newly produced cars ready for shipment at a port in Kawasaki, south of Tokyo, yesterday. Signs are that most...
LONDON: Brent oil futures fell towards $104 per barrel yesterday driven by concerns that the US Federal Reserve might scale back its quantitative...
