DUBAI: Saudi Telecom Co (STC), the Gulf’s biggest telecommunications operator by market value, has picked three banks to manage its debut Islamic bond...
DUBAI: Saudi Telecom Co (STC), the Gulf’s biggest telecommunications operator by market value, has picked three banks to manage its debut Islamic bond...
LISBON: Portugal breezed through a key bond market test yesterday, enjoying sharply lower borrowing costs just weeks before it exits a €78bn rescue...
DOHA: Masraf Al Rayan achieved net profit of QR432m for the first quarter of 2014, an increase of 8 percent compared to similar...
DETROIT/WASHINGTON: General Motors’ top engineering executive, a longtime colleague and key lieutenant of Chief Executive Mary Barra, is retiring in the automaker’s highest...
BANGALORE: Japanese carmaker Toyota said employees at its strike-hit complex in southern India returned to work Tuesday, ending a five-week standoff. Unionised employees...
PARIS: French automaker Renault has frozen a project to make commercial vehicles with Russian company Zil because of the fall of the ruble,...
SHANGHAI: China’s yuan currency extended its downtrend against the dollar yesterday to touch a 16-month low, despite the country’s central bank fixing its...
Alaska: British oil and gas major BP Plc said it sold its interests in four oilfields on the Alaska North Slope for an...
By Satish Kanady DOHA: Qatar’s bourse surged to its highest closing level ever, breaking its main index record yesterday on the back of...
DOHA: Mesaieed Petrochemical Holding Company (MPHC), a subsidiary of Qatar Petroleum and one of the region’s premier diversified petrochemical conglomerates, delivered an impressive...
DOHA: Ezdan Holding Group yesterday announced the acquisition of up to 20.16 percent shares of Widam Food Co (previously Mawashi), in a step...
(From left) Bassel Gamal, QIB Group CEO , Eng. Abdullah Fadhalah Al Sulaiti, Managing Director of Nakilat, and Khalid Al Subeai, Acting CEO...
Parked motorcycles at the Harley-Davidson Museum in Milwaukee, Wisconsin. Harley-Davidson Inc posted a stronger-than-expected quarterly profit yesterday, lifted by strong sales growth outside...
(From left) Midhat Saleh, Rashid Yaqoub Al Nafisi, Abdullah Ali Al Kuwari, Mohamed Ali M Al Kubaisi, Chairman, Hamad bin Ali Al Hedfa,...
A model poses on a Toyota FV2 concept car at the Auto China 2014 Beijing International Automotive Exhibition in Beijing. The auto show...
A jogger runs past a signage for pharmaceutical giant GlaxoSmithKline in London yesterday. ZURICH/LONDON: Swiss drugmaker Novartis announced a multi-billion dollar revamp yesterday,...
VIVA CEO Ulaiyan Al Wataid (left) with British Telecom Vice President, Mena and Eastern Mediterranean Division, Wael El Kabbany (right) as Bahrain’s Minister...
A passersby walks in front of a McDonald’s restaurant in the Brooklyn borough of New York. NEW YORK: Fast-food chain McDonald’s said yesterday...
