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Business Bureau, Gulf Today An MUFG Mena Economic report issued expects a pick-up in Mena regional growth in 2020. The bank’s research forecasts Mena real GDP growth of 2.7 per...
The SBI lowered the economic growth forecast to 4.6 per cent from the earlier 5 per cent. This estimate however has a shelf-life of only two months and is only...
Business Bureau, Gulf Today The Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has signed an agreement to provide a $80 million Shariah-compliant Ijara facility to Oman Shipping Company...
The Ministry of Finance said that the health of public sector banks (PSBs) which have been reeling under non-performing assets for the last few years has been restored and a...
India’s foreign exchange reserves continued their upward trajectory during the week ended Dec.20 to touch a new record high. The Reserve Bank of India’s reserves rose by $456 million during...
Ehab Atta, Staff Reporter The Criminal Court in Dubai has acquitted a 27-year-old man from a GCC country of the charge of stealing Dhs642,000 from an African employee in complicity...
Ehab Atta, Staff Reporter The Dubai Public Prosecution has referred an Arab PRO, 43, for trial on two charges, which are forging 26 commercial licences of a catering company...
Higher liquidity inflows on the back of the Reserve Bank of India’s (RBI) ‘operation twist’ along with Jharkhand Assembly election results will influence the Indian equity market movements during the...
Britain’s new government named Andrew Bailey as the next Bank of England boss on Friday, entrusting one of the City of London’s most experienced regulators with steering the world’s fifth-biggest...
The Bank of Japan (BOJ) kept monetary settings steady on Thursday and maintained its upbeat view on the economy, suggesting policymakers are in no hurry to boost stimulus even as...
