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Carney says UK rates to rise sooner and more than expected

Carney says UK rates to rise sooner and more than expected

Mark Carney said UK interest rates may need to rise at a steeper pace than previously thought to prevent the Brexit-weakened economy from overheating.

Indian stocks rebound from seven-day decline

Indian stocks rebound from seven-day decline

India’s benchmark equity index rebounded from a seven-day decline as investors weighed the outlook for economic growth against inflationary pressures a day after the central bank kept borrowing costs unchanged.

China’s next debt bomb is an ageing population with pension shortfall

China’s next debt bomb is an ageing population with pension shortfall

China’s pension shortfall is emerging as the next big challenge for policymakers as they intensify their years-long campaign to keep rising debt from derailing the economy.

Losing the lustre: Gold jewellery demand seen at 20-yr low in UAE

Losing the lustre: Gold jewellery demand seen at 20-yr low in UAE

Gold jewellery demand in the UAE sank to a 20-year low last year, the fourth consecutive annual decline, the World Gold Council said.

France pushing Iran business ties despite nuclear deal ‘limbo’

France pushing Iran business ties despite nuclear deal ‘limbo’

France will encourage its firms to do business in Iran despite uncertainty over a landmark 2015 nuclear deal putting the business environment in “limbo”, a senior French finance official said yesterday.

Twitter hits a milestone with first-ever profit

Twitter hits a milestone with first-ever profit

Twitter on Thursday reported its first-ever quarterly profit, in a key milestone for the social network which has been lagging for years against fast-growing rivals.

UDC posts net profit of QR608mn in 2017

UDC posts net profit of QR608mn in 2017

United Development Company (UDC) has posted a net profit of QR608mn on revenues of QR2bn in 2017, the leading Qatari shareholding company said yesterday.

MEC to highlight Qatar investment climate at OIC trade fair in Kuwait

MEC to highlight Qatar investment climate at OIC trade fair in Kuwait

The Ministry of Economy and Commerce (MEC) will showcase Qatar’s investment climate and the draft law that allows 100% ownership on non-Qatari investments, ..

QNB secures $3.5bn syndicated loan for general corporate purposes

QNB secures $3.5bn syndicated loan for general corporate purposes

QNB Group, the largest financial institution in the Middle East, has closed the syndication for its $3.5bn three-year senior unsecured term loan facility.

QSE chief hails strong results by firms despite blockade against nation

QSE chief hails strong results by firms despite blockade against nation

Doha’s inherent economic strengths and the listed companies’ flexibility to adapt to situations have helped many of the constituents to largely encounter the blockade and report strong results, according to a top official of the Qatar Stock Exchange (QSE).

Qatar’s real estate sector shows rise in transactional volume in Oct, Nov: DTZ Qatar

Qatar’s real estate sector shows rise in transactional volume in Oct, Nov: DTZ Qatar

Qatar’s real estate sector has shown an increase in transactional volume of 8% and 12% in October and November respectively, DTZ has said in its latest Qatar’s Real Estate market review.

MEC, QBIC hold workshop on ‘Contribute to Supporting the National Economy’

MEC, QBIC hold workshop on ‘Contribute to Supporting the National Economy’

The Ministry of Economy and Commerce (MEC), in co-operation with the Qatar Business Incubation Centre (QBIC), organised a workshop titled ‘Contribute to Supporting the National Economy’ on Tuesday.

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