Another Federal Reserve official has lined up with those who favour following last week’s 75 basis-point interest-rate increase with the same again next month to curb rampant inflation.

Pipe down for a second Elon, the hottest things in the auto industry — the most electric electrics — now come from Hyundai Motor Co and Kia Corp.

A group of direct lenders led by Blackstone Inc is providing about $5bn of debt to help fund the leveraged buyout of software maker Zendesk Inc, according to people with knowledge of the matter.

In his eight years as chief executive officer of Canadian Imperial Bank of Commerce, Victor Dodig has turned the lender into one of the country’s fastest-growing banks. His next task is convincing investors the change will stick.

Qatar Islamic Bank (QIB) received four awards from the Middle East Economic Digest (MEED) Mena Banking Excellence Awards 2022 in recognition of its outstanding performance across retail and digital banking

Trade exchange between Qatar and Germany stood at QR11.2bn in 2021, up 75% over the previous year, according to figures announced by Qatar Chamber, which participated in meetings held recently in Berlin

QNB has ranked first in Qatar and third in the Middle East, on Forbes' list of the top 100 companies in the Middle East, leading the region's banking and financial services sector.

Islamic finance assets in Qatar grew 20% in 2021, reaching QR629bn, researcher Bait Al Mashura has said.

Asian stocks climbed yesterday following another rally on Wall Street as investors try to process central bank moves to fight soaring inflation and the growing possibility that those measures will induce a recession.

Federal Reserve Bank of St Louis President James Bullard said fears of a US recession are overblown, as consumers are flush with cash built up during the Covid-19 pandemic and the expansion is in an early stage.

With global tensions rising over Ukraine, the cutthroat competitiveness of the US financial sector is yielding to partnership over the conviction that a cyberattack against even a group of minor banks - or a third-party service provider - could imperil everyone in a highly connected system.

At an accelerated pace, the participation of Qatari women in the financial and business sectors has increased during the past few years and expanded in all economic sectors, both traditionally and modernly, which has positively impacted the enhancement of their contribution to the national economy,