(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...
Sparkling fireworks, laser shows, colourful stalls and cultural programs dazzled thousands of people who gathered to witness the Diwali celebrations across the United Arab Emirates over...
(Bloomberg) –Weeks after Armand Wahyudi Hartono became the vice president director of Indonesia’s largest non-state bank, he noticed how staff were leaving half-empty glasses of water...
The United Arab Emirates witnessed a massive influx of Russian tourists, accounting for one of the top ten source markets for the country, states a new...
(Bloomberg) — The flight-control feature implicated in two fatal crashes on Boeing Co.’s 737 Max was built on a foundation of false assumptions. Boeing underestimated its risks,...
