South Asian countries are the largest beneficiaries of remittances originating from Qatar, according to Xpress Money, a leading money transfer brand.
India, the largest recipient of remittances in the world received $3.99 billion
AirAsia today announced that it has ordered 200 additional CFM LEAP-1A engines to power 100 new Airbus A321neo. The order, which expands its LEAP engine fleet to nearly 730 engines, is valued at $2.7 billion at list price.
Oil fell on Monday over signs that US shale drillers have adapted to lower prices and on renewed indications of economic weakness in Asia where refiners are already trimming crude runs.
Brent crude was trading
Citigroup is merging its consumer banking unit in Europe, Middle East and Africa (EMEA) with Asia, the largest region for profit for the business outside North America, according to an internal memo seen by Reuters on Thursday.
Oil prices rose in early trading on Thursday, supported by a report of another fall in US crude inventories as well as a weaker dollar, although a glut of refined products and economic growth concerns continue to weigh on markets.
Saudi Arabia will supply more Arab Extra Light crude to at least two buyers in Asia in July, four sources familiar with the matter said on Thursday, as the top oil exporter ramps up shipments in a bid to claim a bigger share of the Asian marke
Malaysian budget airline AirAsia has appointed Kathleen Tan as president of North Asia.
She will be responsible for building the airline's market in China, Hong Kong, Macau, Japan, Korea and Taiwan.
Dnata has reached an agreement to purchase a stake in the Destination Asia Group, marking the Dubai-based group's first foray into Asia’s inbound travel market.
Destination Asia is an integrated destination management co
Kuwait set its July official selling price (OSP) for crude sales to Asia at $1.50 a barrel below the average of Oman/Dubai crude, up 30 cents a barrel from June, trading sources said on Thursday.
This is the highest selling price
Global manufacturing activity remained stuck in a rut last month with factory output from Asia to Europe barely improving as producers struggled to bring in new orders, surveys released on Wednesday showed.
Speculation has hardene