Bank of America targets $3,000/oz as gold shatters price record
Gold topped $2,000 an ounce for the first time as a combination of the tumbling dollar and a collapse in…
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Qatar ADR: scope to resolve construction claims
Construction companies in Qatar can look to avoid costly litigation or arbitration proceedings by seeking to resolve disputes over construction…
Porto Group signs joint, several guarantees with Banque Misr
Porto Group will provide a joint and several guarantees to Banque Misr to ensure Porto for Tourism Development, according to…
Lebanon Central Bank tells banks to give loans to those affected by Beirut explosion
Lebanon Central Bank has told banks and financial institutions to extend exceptional dollar loans at zero interest to individuals and…
Bahrain's Sukuk Al Ijara oversubscribed
The Central Bank of Bahrain (CBB) has announced that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al…
Turkey’s tumbling lira tests Erdogan’s rate resolve
Turkish central bank head Murat Uysal has stuck to the rate-cutting script since President Recep Tayyip Erdogan hired him to…
All bets are off: Virus hits Iraq’s currency trade
In Iraq’s Kurdistan region, trading US dollars for rials from Iran was once big business. But the money exchange…
Insurance, industrials, banking shares help QSE top 9,400 level
Higher-than-average demand at the insurance, industrials and banking counters on Thursday lifted the Qatar Stock Exchange as much as 90…
Gulf countries to lead H2 rally in sukuk issuance: Moody's
The Gulf Cooperation Council countries will lead a rally in the issuance of Islamic debt or sukuk in the second…
‘Saudi Arabia is where the opportunities will happen in future’
A random decision during a night out to move to Dubai in 2013 kickstarted Michael Gilmore’s successful career in executive…
Dubai court tells bank to pay customer Dh4.6 million after his account got hacked
A Dubai commercial court order for a bank to repay a customer Dh4.5 million has been upheld by the Dubai…
Kuwait's KFH Q2 net income drops on rise in impairment charges
Kuwait Finance House, the biggest Sharia-compliant lender in the Gulf state, reported a 77.5 per cent decline in its second…