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Central bank amends loan transfer terms

Dubai / WAM The Central Bank of the United Arab Emirates has decided to amend the terms governing personal loans and finance transfer from one bank or finance company to another, obligating banks and finance firms to reduce the interest rate and not to increase payment period of retail loans, which will be provided after the issuance of the new ...

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FANR reviews operational activities of Barakah plant

Abu Dhabi / WAM The Board of Management of the UAE’s Federal Authority for Nuclear Regulation (FANR) convened its fifth meeting at the site of the Barakah Nuclear Power Plant, where it reviewed progress of its operational activities and discussed a number of initiatives planned during this year. During the meeting, the Board learned about latest updates of the FANR ...

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Violence heightens divisions in Trump’s first midterms

Bloomberg Deadly politically tinged violence that stunned the nation last week likely will sharpen the hard partisan edge that is defining the first midterm election of Donald Trump’s presidency. Grief and calls for civility have been replaced by finger-pointing by some members of both parties, including Trump, who blamed the news media for fostering hate just days after he made ...

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