Sunday 24 October 2021

Ooredoo Q1 profit falls 43pc on forex, Iraq

Qatar's Ooredoo, a leading telecom services provider in the region, blamed adverse foreign exchange losses and a tough operating environment in Iraq for the telecom operator's 43 per cent drop in first-quarter profit. The


Qatari royals, Luxembourg to buy Dexia unit

Qatar's royal family and Luxembourg are to buy Dexia's private banking arm Banque Internationale Luxembourg for 730 million euros ($950 million), as part of the Franco-Belgian group's bailout plan. 'Precision Capital, a Qat


Qatar National Bank stalks Dexia's Turkish arm

Qatar National Bank  is weighing a potential bid for Denizbank , the fast-growing Turkish arm of euro-zone debt casualty Dexia in a deal potentially worth up to $6 billion, people familiar with the matter said. QNB, 50 percent owned b

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