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Growing appetite for Shariah-compliant banking, takaful products in Qatar: OBG

Growing appetite for Shariah-compliant banking, takaful products in Qatar: OBG

Shariah-compliant banking and takaful products see an increasing appetite in the local market, although conventional players still dominate Qatar’s banking and insurance sectors, Oxford Business Group has said in a report.

Japan eyes new $1.1tn stimulus to combat virus pandemic pain

Japan eyes new $1.1tn stimulus to combat virus pandemic pain

Japan will compile a new $1.1tn stimulus package that includes significant direct spending, to stop the coronavirus pandemic pushing the world’s third-largest economy deeper into recession, a budget draft seen by Reuters showed yesterday.

HKEX CEO calls for confidence in HK’s status as financial hub

HKEX CEO calls for confidence in HK’s status as financial hub

Hong Kong stock exchange’s boss called for confidence that the city will maintain its “undisputed” role as Asia’s financial nave even as it battles the fallout from the coronavirus outbreak and political unrest.

Thailand’s parliament urged to pass $60bn virus stimulus bill

Thailand’s parliament urged to pass $60bn virus stimulus bill

Thailand’s premier yesterday urged parliament to approve the kingdom’s biggest-ever stimulus package to revive an economy battered by coronavirus, which has brought tourism to a standstill, slashed exports and left millions jobless.

Sensex roars back with 995 points gain; rupee falls against the dollar

Sensex roars back with 995 points gain; rupee falls against the dollar

Indian markets finished yesterday’s session with strong gains with Sensex and Nifty surging closed over 3% as institutional investors stepped in to buy beaten-down banking stocks.

EU unveils unprecedented post-Covid recovery plan

EU unveils unprecedented post-Covid recovery plan

European Union chief Ursula von der Leyen yesterday proposed a €750bn post-virus recovery fund for Europe and urged sceptical member states to back it.

Legal fraternity in Qatar advocate increased Pro Bono hours to keep businesses afloat

Legal fraternity in Qatar advocate increased Pro Bono hours to keep businesses afloat

Legal fraternity in Qatar has thrown its weight behind the government as they advocate increased Pro Bono hours to keep the businesses, notably small and medium enterprises (SMEs) ...

Nakilat assumes full management and operations of Q-Flex LNG carrier Al Kharaitiyat from Shell

Nakilat assumes full management and operations of Q-Flex LNG carrier Al Kharaitiyat from Shell

Nakilat on Wednesday assumed full ship management and operations of Q-Flex LNG (liquefied natural gas) carrier Al Kharaitiyat from Shell Trading and Shipping Company (Shell).

Flying: What will the new normal look like?

Flying: What will the new normal look like?

There are many ways to describe how the return to service for most airlines will be. Slow, gradual, measured – perhaps even nervous as the world continues to grapple with the coronavirus pandemic ...

Airline debt may balloon to $550bn by end-2020; debt to weigh down airline recovery: IATA

Airline debt may balloon to $550bn by end-2020; debt to weigh down airline recovery: IATA

The International Air Transport Association (IATA) released analysis showing that the airline industry’s global debt could rise to $550bn by the year-end.

Gaussin and Total to develop world's first full electric ART

Gaussin and Total to develop world's first full electric ART

Gaussin and Total are jointly developing the world's first full electric Aircraft Refueller Transporter (ART) with delivery expected at the end of 2020.

Airlines’ bailout kicks up a row in Continental Europe

Airlines’ bailout kicks up a row in Continental Europe

The highly competitive European aviation market is now witnessing a peculiar type of competition as government-backed aid is now targeted at some specific airlines ...

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