A Bankia bank branch in Madrid, Spain. Reuters
The Russian central bank (CB) trimmed its key interest rate to 7.25%, as expected, and said more cuts were likely later this year amid slowing inflation.
Abu Dhabi Islamic Bank (ADIB), a leading financial institution, and Al Baraka Banking Group (Al Baraka), a Bahrain-headquartered Islamic multinational banking group, on Sunday announced that they have signed a memorandum
Noor Bank, one of the leading Shari’ah-compliant banks in the UAE, entered a successful collaboration with Azimut (DIFC) Limited to launch the largest US-dollar Islamic fixed maturity plan (FMP) in the UAE under a Dubai International Financial Centre (DIFC) domiciliation.
The Managing Director of International Monetary Fund (IMF), Kristalina Georgieva has warned against financial / income inequalities within countries which according to her might lead to another financial crisis.
Dubai Land Department (DLD) is to enhance and consolidate its relationship with its partners. Aiming to strengthen its relationship with the partners and to appreciate their roles, DLD organised the annual forum to honour the various partners
Sanad Powertech, a wholly-owned subsidiary of Mubadala Investment Company, has been awarded a contract for the maintenance, repair and overhaul (MRO) operations of the steam engine and power generator of Shams Power Company,
Southwest Airlines is extending cancellations of Boeing Co 737 MAX flights until June 6, citing the planemaker’s decision to recommend pilot simulator training before resuming flights and uncertainty about when regulators will approve their return to service.