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HSBC Qatar picks up three honours at Euromoney awards

HSBC Qatar picks up three honours at Euromoney awards

HSBC received three major awards at the annual ‘Euromoney Awards for Excellence’ event held in Dubai recently.

QNB receives ‘Best Bank in Qatar’ award

QNB receives ‘Best Bank in Qatar’ award

QNB has received the ‘Best Bank in Qatar’ award from Euromoney magazine during the Euromoney Middle East Awards for Excellence ceremony held in Dubai.

Private sector crucial for future generations, says envoy al-Khater

Private sector crucial for future generations, says envoy al-Khater

Qatar’s ambassador to the UK, Yousef Ali al-Khater, gave the keynote address at the Oxford-GCC Business Conference 2017 held at St Antony’s College in London on Saturday.

Islamic finance is making a case for ‘impact investment’

Islamic finance is making a case for ‘impact investment’

Islamic finance is increasingly being discovered as a vehicle to support sustainable development goals by investments in environmental projects, as well as to deal with challenges of poverty, social inequality and financial exclusion, a method called “impact investing.”

IDB to revamp, decentralise operations

IDB to revamp, decentralise operations

The Islamic Development Bank (IDB), the largest development organisation in the Muslim world, plans to revamp its operations, including a shift away from small-scale capital interventions to more sustainable, grassroot-level support.

Greek debt deal delayed as 15-year extension fails to lure IMF officials

Greek debt deal delayed as 15-year extension fails to lure IMF officials

Greece’s creditors failed to resolve their differences over the measures required to bring the country’s debt back to a sustainable path, as a compromise offered by the eurozone wasn’t deemed sufficient by the International Monetary Fund.

SoftBank’s $100bn tech fund rankles VCs as valuations soar

SoftBank’s $100bn tech fund rankles VCs as valuations soar

Earlier this month SoftBank led a $502mn investment in a London-based virtual reality startup called Improbable Worlds.

Sony chief says major turnaround complete

Sony chief says major turnaround complete

Sony chief executive Kazuo Hirai yesterday hailed a years-long company restructuring as a success, but said struggles in its movie business remain a “pressing issue”.

India gold imports to fall after pre-GST purchases

India gold imports to fall after pre-GST purchases

India’s gold imports could plunge in 2017 during the traditional period of peak demand in the second half of the year, after jewellers have aggressively restocked inventory ahead of a national sales tax that takes effect on July 1.

Noble’s woes deepen as S&P warns on debt risk

Noble’s woes deepen as S&P warns on debt risk

Noble Group’s troubles worsened after S&P warned of a risk the struggling commodity trader won’t pay its debt and as sources told Reuters a potential investor backed out, triggering a one-third fall in its shares and a dip in its bonds.

ChemChina, Sinochem in merger talks to create $120bn chemicals giant

ChemChina, Sinochem in merger talks to create $120bn chemicals giant

Chinese state-owned Sinochem and ChemChina are in merger talks to create the world’s biggest industrial chemicals firm, to be headed by Sinochem chief Ning Gaoning, four people with knowledge of the negotiations said.

Japan sticks to budget balancing goal, seeks growth strategy continuity

Japan sticks to budget balancing goal, seeks growth strategy continuity

Japan must adhere to the government’s goal to achieve a balanced budget by the fiscal year ending in March 2021, Finance Minister Taro Aso said, in a resolve to push for fiscal consolidation to fix the country’s tattered finances.

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