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QFC showcases its strong business proposition at London meetings

QFC showcases its strong business proposition at London meetings

The Qatar Financial Centre (QFC) has showcased its strong business proposition at the Going Global Live and Foreign Direct Investment (FDI) Expo, which was held at the ExCeL London Exhibition Centre in the UK.

QBIC announces 10 new startups

QBIC announces 10 new startups

The Mena region’s largest mixed-use business incubator, the Qatar Business Incubation Centre (QBIC), owned by Qatar Development Bank (QDB)

Turkish bank seen holding rates steady

Turkish bank seen holding rates steady

Turkey’s central bank is likely to keep its main interest rate on hold at 24% this week, a Reuters poll showed on Monday, following a bigger-than-expected decline in November inflation.

Iran sanctions in focus as Iraq hurt by curbs on gas imports

Iran sanctions in focus as Iraq hurt by curbs on gas imports

US Energy Secretary Rick Perry said yesterday he discussed sanctions against Iran with Iraqi energy officials as Washington pressures Baghdad to stop importing Iranian gas that is crucial for its power grid.

Apple accused by Egypt of violating competition laws

Apple accused by Egypt of violating competition laws

Egypt, where iPhone prices are up to 50% higher than elsewhere in the Middle East, has given Apple Inc 60 days to end what it claims are unfair restrictions on local distributors or face legal action.

Japan is watching EU politics and doesn’t like what it sees

Japan is watching EU politics and doesn’t like what it sees

For traders happy to keep betting against the euro next year, the yen looks the best horse to back, according to some of Japan’s currency experts.

Uber’s dominant size may rob smaller Lyft of its IPO oxygen

Uber’s dominant size may rob smaller Lyft of its IPO oxygen

Uber Technologies and smaller rival Lyft are driving side-by-side on the road to a stock market debut, and that may not bode well for Lyft as investors decide where to place their bets in the ride-hailing sector.

Alignment of fiscal and monetary policy action is the key

Alignment of fiscal and monetary policy action is the key

Global debt has hit a high of $247tn in the first quarter of 2018 as per a report by the Institute of International Finance. Non-financial sector accounted for $186tn. The debt-GDP ratio has exceeded 318%. Global growth remains unchanged despite high debt accretion in the world.

Malaysia plans $4.8bn rescue of Islamic pilgrim fund

Malaysia plans $4.8bn rescue of Islamic pilgrim fund

Malaysia’s finance ministry has approved a plan to revive the balance sheet of Lembaga Tabung Haji, a state fund tasked with helping Muslims save for a pilgrimage to Makkah.

The slow re-awakening of Islamic finance in Somalia

The slow re-awakening of Islamic finance in Somalia

Somalia, the troubled land at the Horn of Africa with one of the most homogeneous Muslim populations in the world, is believed to benefit from the strong footprint Islamic finance is currently setting in East Africa.

Huawei judge debates apt bail for Chinese billionaire’s daughter

Huawei judge debates apt bail for Chinese billionaire’s daughter

A Canadian judge said yesterday he wasn’t satisfied with a bail proposal from the lawyers for jailed Huawei Technologies Co chief financial officer Meng Wanzhou, who faces a US extradition request.

ECB set to remove key pillar of support as clouds gather

ECB set to remove key pillar of support as clouds gather

Policymakers at the European Central Bank will remove a key pillar of their support for the eurozone economy as planned tomorrow, even while offering a gloomier outlook for the coming years, analysts expect.

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