Some 4.5mn cheques valued at QR345.6bn were processed in Qatar last year, Qatar Central Bank (QCB) data show.
A multi-million-dollar racket that used fake Indian call centres to trick US citizens into paying bogus tax bills may be the tip of the iceberg, with police warning similar scams could be operating across the country.
Samba Financial Group does not see "any plans to introduce personal income taxes in the GCC at this time and these would probably be contemplated only as a last resort."
Conflict-hit Libya could run out of money next year without a swift resumption of oil exports, the head of the country's National Oil Corporation (NOC) warned on Thursday.
Oil prices are likely to move up and average $60/barrel in 2017 from this year’s average of $43/b as reduced investment by international oil companies begins to bite, Samba Financial Group has said in a report.
There is no reason for the City of London to remain a centre for euro clearing if Britain leaves the European Union's single market, and other financial centres ...
Bad loans held by Indian banks are still rising sharply, India's central bank said Tuesday, as it warned the country's lenders face "significant challenges".
UK and China have agreed a raft of financial services projects; Brexit threatens London’s status as leading offshore yuan hub; Chinese banks likely to rethink London operations; civil servants “scrambling” to assess impact on projects
Indebted tycoon Vijay Mallya on Sunday accused Indian government agencies of deeming him ‘guilty without trial’ and lambasted the country's financial crime ...
Alibaba Group Holding’s finance affiliate has acquired a 20% stake in Shanghai Suntime Information Technology Co...
British Prime Minister David Cameron said Saturday he had mishandled the controversy over his shares in his father's offshore business interests, which were exposed by the ‘Panama Papers’ revelations.
The world's 20 top economies will agree to use all policy tools to lift sluggish global growth, according to a draft communique obtained by Bloomberg News on Saturday, despite German disquiet over fiscal and monetary stimulus.
