Financial News

MAR to provide QR1.8 bn to finance logistics project Doha - The Logistics Committee at the Ministry of Economy and Commerce (MEC) and Manateq have...

Singapore freezes bank accounts over Malaysia 1MDB graft scandal Police in Singapore have frozen two bank accounts as part of an investigation into alleged money...

The 23 richest countries in the world Qatar, Luxembourg and Singapore: On top of sharing the particularity of being some of the smallest countries in...

Doha Bank posts QR801 million net profit in first half of 2015 Doha - Doha Bank has announced it has recorded a net profit of...

Real Estate Sales Reach QR 3.4 Billion Doha, July 07 (QNA) - Total trading of real estate sales contracts registered with the Land Registry Department...

Saudis to jointly invest up to $10 bln with Russian fund Russian President Vladimir Putin shakes hands with Saudi Arabia's Defense Minister Prince Mohammed Bin...

Dubai becomes more expensive, ranks 23rd globally in 2015 Dubai ranked 23rd globally, while Abu Dhabi also climbed up the rankings to 33rd Dubai: Dubai and...

Greek central bank warns of uncontrollable crisis The Greek central bank has said all sides concerned need to go the extra mile to prevent Greece...

HSBC pays over $40 million to settle Swiss money-laundering probe Swiss prosecutors have closed a money-laundering probe into HSBC after the British banking giant's Geneva...

Greece, lenders exchange plans as deadline looms A reform plan sent by Greece to its lenders has been welcomed by the EU's executive as a...

HE Minister of Economy Attends Expo Milano Opening Rome, May 01 (QNA) - HE Minister of Economy and Commerce Sheikh Ahmed bin Jassim bin Mohammed...

Deutsche Bank to pay record fine in Libor scandal Deutsche Bank has agreed to pay a massive penalty for its role in manipulating Libor interest...

Dubai punishes Deutsche Bank with record fine Deutsche Bank faces a fine of $8.4 million for violations in Dubai after an investigation from the DFSA....

UAE bank NBAD targets Africa, Asia for wealth management growth A hot air balloon bearing the logo of Emirates NBD bank hovers over the Emirates...