HSBC named Georges Elhedery as its new chief financial officer on Tuesday in a surprise move that puts the former head of its investment bank in pole position to eventually succeed Noel Quinn as CEO.
Investors cheered a solid third quarter (Q3) at General Motors Co as the automaker’s performance and confidence tamped down growing fears of a global recession.
Embattled bank Credit Suisse is considering a capital increase of around 2 billion Swiss francs ($2 billion) and the issue of convertible debt to help finance its turnaround plans,
Bold decisions and an ambitious economic vision have boosted the competitiveness landscape of the nation, transforming the UAE into a key global investment destination.
Ratings agency Moody’s Investors Service has projected India’s fiscal deficit to be about 3.7 per cent of the gross domestic product (GDP) in 2019-20, which will be slightly wider than the 3.4 per cent posted in fiscal 2019.
As online retail shopping booms globally and domestically, and consumer confidence rises ahead of Expo 2020, the demand for storage spaces and fulfilment centers is also increasing.
The UAE and Nepal share decades old diplomatic ties but the two countries have not yet achieved the optimum advantage, the bilateral relations offer to investors, said Deputy Prime Minister and Defense Minister of Nepal Ishwar Pokharel.
Under the patronage of Prince Salman Bin Hamad Al Khalifa, the Crown Prince, Deputy Supreme Commander and First Deputy Prime Minister, Investcorp opened its Investors Conference at a hotel in Bahrain.
Against the backdrop of an International Finance Corporation (IFC) report, which states that women-owned SMEs represent only 34 per cent of the sector globally,