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Qatar hosts global launch of world’s 1st Islamic digital e-token ‘iDinar’

Qatar hosts global launch of world’s 1st Islamic digital e-token ‘iDinar’

Qatar hosted the global launch of ‘iDinar,’ the world’s first Islamic digital e-token platform, on the sidelines of the ‘5th Doha Islamic Finance Conference’ held in Doha yesterday.

QDB concludes 4th edition of Retirees Entrepreneurship Programme ‘Khutwa’

QDB concludes 4th edition of Retirees Entrepreneurship Programme ‘Khutwa’

Qatar Development Bank (QDB) has hosted the fourth edition of its Retirees Entrepreneurship Programme, ‘Khutwa’, which was organised in collaboration with the General Retirement and Social Insurance Authority at Bin Jelmood H

Lottery-linked savings accounts new trend in Islamic banking

Lottery-linked savings accounts new trend in Islamic banking

Savings accounts offered by Islamic banks linked to a lottery or a raffle on top of profit-sharing payments are becoming increasingly popular in the industry as a product to attract new retail customers, particularly in times of low profit levels.

Jet Airways crisis worsens as pilots threaten to go on strike Reuters

Jet Airways crisis worsens as pilots threaten to go on strike Reuters

A crisis at India’s Jet Airways deepened yesterday as an increasingly worried Indian government called for an emergency meeting, angry passengers demanded refunds and pilots threatened to go on strike over unpaid salaries.

Pakistan has potential to be a $2tn economy: World Bank

Pakistan has potential to be a $2tn economy: World Bank

Pakistan could become a $2tn economy in the next 28 years if it remains steadfast in its reforms and manages to reduce its population growth rate to 1.2%.

‘China’s 737 move shows growing global aviation clout’

‘China’s 737 move shows growing global aviation clout’

The key role China played in grounding the troubled Boeing 737 MAX 8 has demonstrated its growing clout in global aviation and may give it an extra bargaining chip in trade talks with Washington.

Asian stock markets mostly down ahead of Fed meeting

Asian stock markets mostly down ahead of Fed meeting

Asian markets mostly fell yesterday as investors bide their time until the Federal Reserve’s latest policy meeting, while the pound fought back against the dollar after taking a hit from the latest twist in the Brexit saga.

European stocks climb as markets track Brexit, Fed

European stocks climb as markets track Brexit, Fed

European stock markets rose yesterday, while the pound firmed after strong UK jobs data as traders braced for more Brexit chaos and awaited the US Federal Reserve’s latest policy meeting.

Sheikh Mohamed bin Faisal al-Thaniappointed Aamal CEO

Sheikh Mohamed bin Faisal al-Thaniappointed Aamal CEO

Aamal Company has announced that its board of directors’ decided to appoint Sheikh Mohamed bin Faisal al-Thani as the company CEO.

Sainsbury’s-Asda seek to salvage deal with £1bn price cut pledge

Sainsbury’s-Asda seek to salvage deal with £1bn price cut pledge

British supermarket groups Sainsbury’s and Asda have committed to deliver £1bn ($1.3bn) of annual price cuts as they attempt to salvage their proposed combination after being dealt a potentially fatal blow by the regulator.

Ford boosts production of biggest SUVs for second time in 2 years

Ford boosts production of biggest SUVs for second time in 2 years

Ford Motor Co is boosting production of its biggest, highly lucrative sport utility vehicles for the second time in two years at a US factory already bursting at the seams.

Most Amazon brands are duds, not disrupters, finds study

Most Amazon brands are duds, not disrupters, finds study

The explosion of Amazon.com’s private-label products – batteries, baby wipes, jeans, tortilla chips, sofas – has prompted concern that the world’s biggest online retailer could use its clout to promote these house brands at the expense of merchants selling similar products on the web store.

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