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Category: Industry

QNB Group announces the closing of the EUR 1.75 billion Senior Unsecured Term Loan Facility

Doha, QNB Group, the largest financial institution in the Middle East and Africa, announced the successful closing of the syndication of its EUR 1.75 billion three-year senior unsecured term loan facility. Crédit Agricole Corporate and Investment Bank, ING Bank N.V., Intesa Sanpaolo S.p.A., Société Générale and UniCredit were the initial mandated lead arrangers and underwriters to arrange the facility, Société

Japan considers releasing oil reserves to curb prices -Kyodo

Tokyo, Japan’s government is considering releasing oil from its reserves in response to rising crude oil prices, Kyodo news agency reported on Saturday, without citing sources. It would be the first time for Japan to release oil reserves for the sake o…

Asian shares press higher after Wall St record

Beijing, Asian stock markets were mostly higher Friday after Wall Street hit a record and Japanese inflation eased, said AP. Market benchmarks in Shanghai, Tokyo and Sydney advanced. Hong Kong declined. Wall Street’s benchmark S&P 500 index advanced 0….

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