Participants during the event.
Just as Britain moves to sever its ties with the European Union (EU), two of its biggest banks, HSBC and Standard Chartered, are building up their operations in the bloc in a bid to win more business helping clients grappling with red tape and Brexit.
HSBC Holdings beat forecasts with a 31 per cent rise in the first quarter profit, bolstered by a surge in income from its core Asian business due to the absence of legal and regulatory expenses borne in the year-ago quarter. Reining in costs has been one of the biggest challenges for HSBC Chief Executive John Flint
A consortium of ACWA Power, Gulf Investment Corporation (GIC), and Alternative Energy Projects Co. (AEPCo) has executed the project agreements for the development of Ibri-2 Independent Power Producer (IPP) with the Oman Power and Water Procurement Company (OPWP).
Confirmation of a new Brexit deal sent sterling to a five-month high on Thursday and hoisted European stocks to a year-and-a-half peak, before familiar doubts about British parliamentary support for the agreement hauled them back.
Emirates NBD Bank on Thursday announced that it proposes to raise Dhs6.45 billion via a rights share offering to strengthen its capital base and support the future growth of the business.
The Abu Dhabi National Oil Company (Adnoc), Adani Group, BASF SE and Borealis AG have signed a Memorandum of Understanding, MoU, to engage in a joint feasibility study to further evaluate a collaboration