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Lloyds suspends buyback after new mis-sold insurance claims

Bloomberg Lloyds Banking Group Plc suspended its share buyback after a last-minute rush of compensation claims for mis-sold payment protection insurance, taking its total costs for the scandal to 21.8 billion pounds ($26.7 billion). Lloyds shares fell as much as 2.5 percent in London. The bank is making a further provision of between 1.2 billion pounds and 1.8 billion pounds ...

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Dubai Pulse platform attracts 1.5 million international visits

DUBAI / WAM Smart Dubai revealed that its flagship data platform, Dubai Pulse, the backbone of the emirate’s smart transformation, has made a significant leap in terms of international appetite for the data it publishes, registering 1.5 million visits as of August 2019. A closer look at the visitor activity on the platform revealed a particular interest in the Roads ...

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Dubai to host Icomia World Marina Conference 2020

Dubai / WAM Dubai will host the prestigious International Council of Marine Industry Associations (ICOMIA), World Marina Conference 2020 in autumn, bringing the international event to the Middle East for the very first time. By winning the bid, the UAE Marine community has reaffirmed the country’s position as the most vibrant market for the marinas industry in the Middle East, ...

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