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Indian tycoon Mallya prepared to settle debts: FT INTERNATIONAL

Indian tycoon Mallya prepared to settle debts: FT

Former Indian airline boss Vijay Mallya said he is prepared to settle millions of dollars owed to banks after the collapse of his firm, in an interview published in the Financial Times on Friday.

4:45 AM November 25 2016
Scepticism on oil output freeze drives down Qatar shares ECONOMY

Scepticism on oil output freeze drives down Qatar shares

Ahead of oil producers’ meeting in Doha on Sunday, the world oil markets witnessed some sporadic gains but its effect was rather seen muted in the Qatar Stock Exchange (QSE).

4:45 AM November 25 2016
Credit expansion helps drive Qatar banks' foreign assets growth ECONOMY

Credit expansion helps drive Qatar banks' foreign assets growth

Foreign assets of Qatar’s banks grew by 6% year-on-year in February, driven by expansion in credit (21.3%); while domestic assets grew by 13.8%, driven by the growth in domestic credit (17.1%), shows a QNB report.

4:45 AM November 25 2016
Indian tycoon Mallya offers to repay $603mn of loans INTERNATIONAL

Indian tycoon Mallya offers to repay $603mn of loans

Embattled Indian tycoon Vijay Mallya has proposed to repay ?40bn ($603mn), less than half of what his defunct Kingfisher Airlines owes to creditor banks.

4:45 AM November 25 2016
Oil producers' meeting in Doha lifts QSE to near 10,300 level ECONOMY

Oil producers' meeting in Doha lifts QSE to near 10,300 level

Producers’ meeting in Doha next month brightened sentiments in the global energy front to instil a positive effect on the Qatar Stock Exchange, which gained 91 points to inch near the 10,300 level.

4:45 AM November 25 2016
India to study mergers of state-run banks in efficiency push ECONOMY

India to study mergers of state-run banks in efficiency push

India will consider merging some of its more than two dozen state-run banks, the finance minister said on Saturday, as the government seeks to improve efficiency ...

4:45 AM November 25 2016
Qatar share index gains 289 points on firm oil prices ECONOMY

Qatar share index gains 289 points on firm oil prices

Firm oil prices had had its reflection on the equity front with the Qatar Stock Exchange (QSE) gaining a robust 289 points to surpass the 10,100 mark and capitalisation enhance about QR14bn during the week.

4:45 AM November 25 2016
Qatar's banks, exchange houses to be closed next Sunday ARABIA

Qatar's banks, exchange houses to be closed next Sunday

Qatar Central Bank (QCB) has announced that Sunday, March 6 will be an official holiday for all banks and financial institutions under its supervision.

4:45 AM November 25 2016
Qatar banks see highest loan growth across GCC ARABIA

Qatar banks see highest loan growth across GCC

Banks in Qatar have witnessed the highest loan growth across the GCC markets with 14.1% year-on-year, research shows.

4:45 AM November 25 2016