Dubai’s biggest bank Emirates NBD posted a 63 per cent net profit surge to AED 12.5 billion in the last nine months. The results include a AED 4.4...
To focus on home market, UAE’s Abu Dhabi Commercial Bank PJSC has started exiting overseas operations in India, Qatar and Kuwait. The bank posted a net...
(Bloomberg) –Billionaire Mukesh Ambani moved a step closer to creating an e-commerce giant for India, unveiling plans to set up a $24 billion digital-services holding company...
(Bloomberg) –Oil was steady after the biggest weekly advance in more than a month on signs of progress in the prolonged U.S.-China trade spat. Futures were...
(Bloomberg) –Bangko Sentral ng Pilipinas is leaning toward allowing local lenders to set up Islamic banking subsidiaries, as it steps up efforts to promote Shariah-compliant finance...
(Bloomberg) –The Brexit impasse looks set to continue after the main opposition Labour Party made clear it won’t back Boris Johnson’s bid for an early election,...
(Bloomberg) –The only Gulf Arab central bank with an unpredictable monetary policy might finally fall in line this week. In a region where most countries usually...
(Bloomberg) —Saudi Basic Industries Corp. posted its lowest quarterly profit in at least a decade as the chemical maker took an impairment charge and cheaper oil...
(Bloomberg) –Saudi Arabia’s BinDawood Group is working with Goldman Sachs Group Inc. and JPMorgan Chase & Co. to sell shares of its supermarket business as early...
The Bank of Sharjah has reported an 80 percent drop in the net profit during the third quarter of 2019, down to AED 20.2 million from...
