Qatar First Bank to accelerate execution of business plans in Saudi Arabia
RIYADH: Qatar First Bank (QFB) will accelerate the execution of its business plans in Saudi Arabia, said chairman Abdulla bin...
Colombian port of Covenas imports first crude cargo
WASHINGTON: The Colombian port of Covenas, located on the Caribbean coast of the South American country, saw its first import...
Norwegians have gloomiest financial outlook in decades
OSLO: Norwegians’ confidence in the economy is at a low point not seen since the banking and housing crisis of...
Taxman clamps down on tax fraudsters
BRUSSELS: The daily De Tijd and the website Knack.be report figures from Belgian finance minister Johan Van Overtveldt suggesting the...
Scandal-hit VW gives staff €3,950 bonus
BERLIN: German auto giant Volkswagen announced here the other day that it is giving its staff a €3,950 bonus for...
Consumer confidence remains very low
ATHENS: Greeks remained very pessimistic in the first quarter of the year, as the reading of the consumer confidence index...
Dutch consumers buy more with direct debit cards than cash Business
AMSTERDAM: Dutch consumers bought more goods using direct debit cards than cash in 2015, according to new figures from the...
India looks at doubling oil imports from Iran
NEW DELHI: Prime Minister Narendra Modi will visit Tehran on May 22-23 in a bid to increase India’s deeper engagement...
Hungary public debt up at 76.9% of GDP at end of Q1
BUDAPEST: Hungary’s public debt according to Maastricht criteria stood at 76.9 percent of gross domestic product (GDP) at the end...
Port of Los Angeles imports up 4.7% for April
WASHINGTON: Import cargo volumes at the Port of Los Angeles increased 4.7% in April compared to the same period last...
U.S. housing starts rise 6.6% in April
WASHINGTON: U.S. new home starts and building permits rebounded in April, a signal that housing market may gain some momentum...
U.S. industrial production surges at fastest pace in more than a year
WASHINGTON: The U.S. industrial production in April surged at the fastest pace in more than a year, a sign that...
Port Tampa Bay cargo down, but new cranes go up soon
WASHINGTON: Port Tampa Bay recorded significant decreases in cargo for the first half of its fiscal year, signaling Tampa is...
Asia remains Qatar’s top trading partner in Q1
DOHA: Asia maintained its position as the top destination of Qatar’s exports and imports, having a share of 73.1 percent...
New strike hits Port of Gothenburg as talks collapse
WASHINGTON: Another 24-hour strike will hit the Port of Gothenburg, starting at 4 pm CET on Tuesday, according to a...
Gulf Bank posts KD 8.8 mln net profit in Q1
KUWAIT CITY: Gulf Bank announced a net profit of KD 8.8 million in Q1 2016. This figure is down by...
India in fresh port privatization project
NEW DELHI: In a bid to facilitate more private investment into the country’s ports, India is looking to set up...
King Abdullah Port delegation visits Valencia Port
WASHINGTON: A delegation from Saudi Arabia’s King Abdullah Port recently visited Valencia Port in Spain, Europe’s fifth busiest port, along...
IDB Group to fund RI development projects worth $5.2bn
JAKARTA: The Islamic Development Bank ( IDB ) Group has indicated a tentative financing of US$5.2 billion for the implementation...
11 ships loaded with petrol arrive Nigerian ports
WASHINGTON: Eleven ships laden with petrol have arrived in Lagos ports awaiting discharge, according to the Nigerian Ports Authority (NPA)....
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