DOHA: Qatar stepped in with QR26bn ($7.1bn) of financial support for its ailing property firm Barwa Real Estate yesterday, buying some key assets...
DOHA: Qatar stepped in with QR26bn ($7.1bn) of financial support for its ailing property firm Barwa Real Estate yesterday, buying some key assets...
LONDON: Saudi Arabia’s Prince Alwaleed bin Talal, one of the world’s wealthiest businessmen who owns assets including London’s Savoy hotel, has launched a...
BRUSSELS: The European Commission will shortly present proposals to tighten up oversight of key financial market benchmarks, especially of interest rates, after recent...
People walk past closed shops at an arcade in central Athens yesterday. Greeks reacted with a mix of vindication and outrage at the...
HAMBURG/LONDON: Iran’s state grains buyer GTC swept back into international markets, picking up more than half a million tonnes of wheat to shore...
WASHINGTON: The number of Americans filing new claims for unemployment benefits fell last week, pointing to moderate job growth despite slowing economic activity....
MUMBAI: Reliance Industries, India’s biggest private firm will invest Rs1.5 trillion ($26bn) in its businesses over the next three years, chairman Mukesh Ambani...
A view of a Jeep logo at a Chrysler dealer in Los Angeles. Two days after rejecting a push to recall old model...
DOHA: Two key entities listed on the Qatari bourse have sought the approval of the bourse’s administration to increase the number of their...
Pawan Goenka, President of Automotive and Farm Equipment Sectors at Mahindra & Mahindra, with the new Mahindra Verito Vibe compact car in Mumbai...
NEW YORK/LONDON: Brent crude oil rose modestly yesterday after inventory data showed fuel stockpiles in the United States fell sharply last week, signalling...
BRUSSELS: T he pace of the eurozone’s economic contraction slowed quarter-on-quarter in the first three months of this year, EU statistics showed yesterday,...
Black glue is applied on an Audi A3 car door at the production line of the German car manufacturer’s plant in the Bavarian...
KHARTOUM/JUBA: South Sudan will restart oil exports this month but will need at least a year to restore output fully after fighting with...
LONDON/NEW DELHI: Western sanctions drove Iran’s crude exports to the lowest in decades in May, according to industry sources and tanker-tracking data, even...
DOHA/CAIRO: The Minister of Energy and Industry, H E Dr Mohammed bin Saleh Al Sada, is in Cairo heading a delegation that includes...
MOMBASA: Hundreds of workers at east Africa’s only oil refinery protested yesterday at the threatened closure of the facility, on Kenya’s Indian Ocean...
Workers at the Portland labour camp in an industrial area on the outskirts of Sharjah. Gulf nations have relied heavily on the supply...