ABU DHABI: Abu Dhabi Islamic Bank said on Sunday it planned to boost its capital base to help support future growth, after setting aside less cash for bad loans helped it post a 19.3 percent rise in f
Kuwait Financial Centre (Markaz) recently released its outlook on GCC markets for the full year of 2015.
The latest quarterly report issued by the real estate consultancy arm of Abu Dhabi Islamic Bank (ADIB) — MPM Properties — has found that while 2014 was a year of further growth for Dubai real estate m
ROME: Italy is considering setting up a state-backed "bad bank" to help clean up its banking sector, Economy Minister Pier Carlo Padoan said in a newspaper interview on Sunday.
LONDON: With oil prices tumbling and aging equipment making extraction ever more expensive, Britain's North Sea oilfields face a struggle for survival, threatening a vital source of income and energy.
LUANDA: With oil prices collapsing over 50 percent in the past six months, Angola — Africa's second-largest oil producer — has had to introduce austerity measures and overhaul its budget to deal with
For 95 years, dining "à-la-airline" has taken its fair share of sneers, and jeers. The "bag lunch" produced cheaper fares and increased profits. But that was then.
Saud Salim Al-Mazrouei, director of Sharjah Airport International Free Zone (SAIF Zone) and Hamriyah Free Zone Authority (HFZA), led a high-level delegation to Tokyo to further explore the Japan ma
NEW YORK: Goldman Sachs Group Inc. on Friday slashed its 2015 price forecasts for several base metals including copper and aluminium while raising its estimate for gold by $62 per ounce.
The global economy has started 2015 on the wrong foot.
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