Qatar National Bank has launched a new offer for vehicle loan customers holding salaried accounts at the bank. The promotion offers QNB customers the option of deferring their monthly installments for up to four months, between June and September 2009, while loan interest continues to accrue for the duration of the loan postponement period. The Bank will waive all postponement fees normally charged.
Key figureheads from the Islamic finance industry from across the world were brought
Rupee weakens by 36 paise to 58.23
The rupee shed 36 paise to 58.23 against the dollar in the opening trade on Tuesday versus the previous close of 57.87 on high demand for the currency from oil importers and some corporates.
Brent crude rises to $105.50 per barrel
Oil prices rose in Asian trade today, fuelled by growing concern over the Syrian conflict and political unrest in Turkey, analysts said.
New York’s main contract, light sweet crude for d
KSA produces 67% of GCC’s petrochem output
Petrochemicals production in Saudi Arabia hit 86.4 million tons in 2012, up from 80.5 million tons of capacity in the previous year, the Gulf Petrochemicals & Chemicals Association (GPCA) Annual Repo