DUBAI: Standard Chartered plans to expand its transaction banking business to capture global trade flows that are increasingly shifting east, a senior executive...
DUBAI: Standard Chartered plans to expand its transaction banking business to capture global trade flows that are increasingly shifting east, a senior executive...
BRUSSELS: Delta Air Lines is expected to secure unconditional European regulatory approval to buy a 49 percent stake in Virgin Atlantic, allowing it...
DUBAI: Bahrain has picked four banks to arrange investor meetings ahead of a potential sovereign bond issue, a document from lead managers said...
Deputy Director of the International Monetary Fund (IMF) and Mission Chief for Greece Poul Thomsen (centre) arrives at the Finance Ministry in Athens...
DUBAI: Investment firm Dubai Group’s assets are worth just a fifth of its $10bn of debt, sources involved in its restructuring said, signalling...
ATHENS: Russian giant Gazprom yesterday said it had pulled out of the privatisation process for Greek state gas operator DEPA, citing concerns about...
DUBAI: Yemen’s central bank exceeded the legal limit on how much it may lend to the government by 347.9bn rials ($1.6bn) last year,...
DUBAI: Investment Corp of Dubai (ICD), the holding company for some of the emirate’s best-known companies, has signed an upsized $2.55bn, five-year loan...
MOSCOW: President Vladimir Putin warned yesterday that Russia’s economic growth would slow down this year to less than the world average and ordered...
A Michelin Bibendum at the gate of the truck tyre factory in Joue Les Tours after the French tyre manufacturer said in a...
Doha: Qatar Exchange continued its gaining streak adding 37.66 points or 0.40 percent to advance to 9,372.87 points from 9,335.21 on Sunday. The...
ABU DHABI: US lender Citigroup will leave the interbank interest rate setting panel in the United Arab Emirates on June 25, reducing the...
NEW DELHI: Top oil exporter Saudi Arabia is selling more crude to India in July as two refiners have asked for additional cargoes, ...
An artwork of plaster toilets by Cypriot artist Andreas Efstathiou is displayed outside the Cyprus Central Bank in Nicosia yesterday in an unusual...
DUBAI: Dubai’s second-largest property developer, Deyaar, plans to launch two new projects this year, its chief executive said yesterday, adding to a series...
H E Dr Mohammed bin Saleh Al Sada & Ibrahim J Al Othman DOHA: Qatar Petroleum (QP) has signed two contracts for the...
Officials of Qapco and Barwa Bank during the signing ceremony. Doha: Qatar Petrochemical Company (Qapco) secured a QR1.1bn facility from Barwa Bank. Over...
A man walks past a branch of Spain’s lender Bankia with posters depicting former Bankia CEO Rodrigo Rato (left ) and Emilio Botin,...