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Qatar, Turkey chambers sign deal to enhance cooperation

Qatar, Turkey chambers sign deal to enhance cooperation

Qatar Chamber has signed a cooperation agreement with the Union of Chambers and Commodity Exchanges of Turkey (TOBB) at the opening rites of the ‘2nd SMEs Conference’ held at the Ritz-Carlton Doha yesterday.

NBK Automobiles posts significant growth in ’16

NBK Automobiles posts significant growth in ’16

Nasser Bin Khaled (NBK) Automobiles, authorised general distributor of Mercedes-Benz in Qatar, has achieved significant growth in 2016, a top official said yesterday.

QFCRA is now full signatory to Iosco MMoU

QFCRA is now full signatory to Iosco MMoU

The Qatar Financial Centre Regulatory Authority (QFCRA) has been approved as a ‘full signatory’ to the International Organisation of Securities Commissions (Iosco) multilateral memorandum of understanding (MMoU) concerning consultation and cooperation and the exchange of information.

Sheikh Ahmed meets top officials in Davos

Sheikh Ahmed meets top officials in Davos

HE the Minister of Economy and Commerce Sheikh Ahmed bin Jassim bin Mohamed al-Thani yesterday met Argentina’s Minister of State for Economic Affairs Horacio Reifr and International Trade Centre director general Arancha Gonzalez separately on the sidelines of the World Economic Forum in Davos.

E-solutions to help SMEs integrate with global value chains, says Seetharaman

E-solutions to help SMEs integrate with global value chains, says Seetharaman

Small and medium-sized enterprises (SMEs) should leverage on e-solutions to integrate with global value chains, Doha Bank CEO Dr R Seetharaman said.

QP concludes ‘high performance boards programme’ for senior Qatari directors

QP concludes ‘high performance boards programme’ for senior Qatari directors

Qatar Petroleum (QP) held the “Qatar Petroleum High Performance Boards Award” ceremony on Monday, marking the conclusion of a specialised nine-month programme for Qatari board directors.

IMF praises Saudi budget plans, says eliminating deficit feasible

IMF praises Saudi budget plans, says eliminating deficit feasible

The International Monetary Fund praised Saudi Arabia’s budget plans yesterday and said Riyadh’s goal of eliminating a huge fiscal deficit left by low oil prices by 2020 looked feasible.

Egypt seen issuing sukuk later this year

Egypt seen issuing sukuk later this year

Egypt could issue a US dollar sukuk later this year after its planned conventional bond, government representatives said yesterday at the first stop of the country’s bond roadshow in Abu Dhabi and Dubai, according to investors attending the presentation.

Malaysia highlights potential for Islamic wealth management

Malaysia highlights potential for Islamic wealth management

Malaysia’s recently announced target of becoming a global hub for Shariah-compliant investment and asset management has shed light on the huge potential of a still underdeveloped segment of Islamic finance: Sustainable and ethical wealth management.

Morgan Stanley’s 4th quarter profit doubles on bond-trading surge

Morgan Stanley’s 4th quarter profit doubles on bond-trading surge

Morgan Stanley’s profit doubled in the fourth quarter as trading activity surged across Wall Street, and the bank said it is on track to reach a number of financial goals set out by chief executive James Gorman.

Brazil to revise growth figures after IMF slashed outlook

Brazil to revise growth figures after IMF slashed outlook

Brazil will revise its 2017 growth estimate after the International Monetary Fund more than halved its forecast to near-stagnation, Finance Minister Henrique Meirelles said in Davos.

2017 first quarter outlook: The 1970s all over again

2017 first quarter outlook: The 1970s all over again

The direction of the US dollar is the key question for 2017 because a currency that is up 20% over the past year will trigger a reaction, and the incoming Trump administration can be expected to jettison the more than 20-year-old dogma that a strong dollar is in the US’ interest.

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