New Delhi, Dec 2 (IANS) Quashing rumours of a stake sale, sources close to India’s leading financial services and payments firm Paytm said that global fintech giant Ant Financial is not planning to sell its shares in the company.
While...
The milestone is an important step in the ongoing Power Ascension Testing, PAT, of Unit 1
ABU DHABI - Nawah Energy Company, the Joint Venture nuclear operations and maintenance subsidiary and Korea Electric Power Corporation, KEPCO, announced today that the...
S&P also anticipates problem loans to rise amid slowdown
By Cleofe Maceda, ZAWYA
Next year may be more challenging for banks in the UAE, as their asset quality and profitability are forecast to weaken on the back of continued slowdown in...
Discussions have revolved around the structure of the financin
By Davide Barbuscia and Saeed Azhar, Reuters News
DUBAI- Abu Dhabi state-owned ADQ is in talks with banks for a loan of about $1 billion that would back its acquisition of a...
Loans will be available to suppliers to the government that have had invoices approved, but are still awaiting payment
Saudi Arabia’s Ministry of Finance and three of the kingdom’s largest banks have started a supply chain financing facility that will...
Shares listed in Dubai and Abu Dhabi get a double-upgrade to tactical overweight amid hopes for vaccine-driven recovery
Stocks in the UAE are highly exposed to a broad recovery, with positive virus vaccine news “far from priced,” according to Morgan...
Dubai airline announces significant increase its superjumbo services to the UK following establishment of a UK-UAE air travel corridor
Emirates on Wednesday announced plans to significantly increase its superjumbo services to the UK following the recent establishment of a UK-UAE...
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, on Sunday announced that more classes of professionals will be eligible for the 10-year golden residency visas.
The golden visa advantage...
Businesses are facing new uncertainties introduced by the dual shock of the impact of Covid-19 pandemic and the steep drop in oil prices
Middle East companies need to improve working capital performance in order to fare better on the road...
Refunds, damage product top complaints of of Dubai consumers
Emiratis and Indians lodged the highest number of complaints in the third quarter of 2020 with Dubai authorities and most of the overall complaints were related to refunds, non-compliance with the...
