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