KUWAIT: Kuwait’s rising public spending and dependence on oil revenues are preventing sustainable economic development, the Gulf state’s central bank governor said, echoing...
KUWAIT: Kuwait’s rising public spending and dependence on oil revenues are preventing sustainable economic development, the Gulf state’s central bank governor said, echoing...
DUBAI: Fawaz Abdulaziz Alhokair Co, the Saudi Arabian retailer which franchises brands such as Zara and Marks and Spencer in the kingdom, reported...
DUBAI: Abu Dhabi Islamic Bank, the largest Shariah-compliant lender in the emirate, met analysts’ expectations as it posted a 20.4 percent rise in...
KUWAIT CITY: Kuwaiti telecom giant Zain said yesterday its net profit rose 7.5 percent on year in the first quarter of 2014, mainly...
The signing in ceremony of the deal. DOHA: Qatar Railways Company (Qatar Rail), the company which is overseeing the construction of the country’s...
LONDON: US pharmaceutical giant Pfizer has approached British rival AstraZeneca to propose a £60bn ($101bn) takeover, Britain’s Sunday Times reported. The paper cited...
John Kersten, MD, Ikea Qatar, UAE, Egypt and Oman. Doha: Ikea, which has completed a year in Qatar, has seen positive response from...
An Infiniti Q30 concept car is displayed at Auto China 2014 in Beijing. SHANGHAI/BEIJING: Global carmakers are scrambling to meet the demands of...
Daimler AG CEO Dieter Zetsche at a world premiere of the Mercedes Benz S63 AMG Coupe at Auto China 2014. BEIJING: Daimler said...
MOSCOW: Russia looks increasingly likely to sink into recession in 2014 as the knock-on effects of its standoff with the West over Ukraine...
DUBAI: Zain is being sued for $4.5bn over its 2007 acquisition of an Iraqi telecom operator, the Kuwaiti firm said in a bourse...
BANGALORE: An Indian state government has ordered Japan’s Toyota and its union to restore operations at its two Indian factories after a protracted...
DOHA: Qatar’s bourse extended its rally on the fourth straight session yesterday on better-than-expected first quarter results. The index gained 0.22 percent, or...
DOHA: Qatar National Cement Company (QNCC) Chairman and Managing Director Salem bin Butti Al Naimi said the company is currently capable of meeting...
Doha: International Bank of Qatar (ibq) was conferred ‘Private Bank of the Year-Qatar’ award by the International Banker 2014 Banking Awards for the...
BEIJING: US car giant General Motors Corp (GM) plans to invest $12bn in China from 2014 to 2017 and build more plants next...
BEIJING: Leading global automobile makers gathered in Beijing yesterday for China’s biggest car show, expressing confidence in the world’s largest car market even...
BEIJING: Germany’s BMW is getting closer to deciding whether it will build a new factory, its board member Ian Robertson said yesterday, as...
