As the market volatility and economic uncertainty persists, the UAE Cabinet held a retreat on post-oil phase. The meeting discussed ways to diversify the country’s economy while ensuring sustainability. Sustainable economic diversification is vital for economic prosperity. Any development that is not sustainable will not bring about long-term growth. Resources and expertise will have to be used in an innovative …

Kuala Lumpur / EMIRATES BUSINESS Islamic finance is complementary to and a major enabler of making responsible investing more ubiquitous across emerging markets – and Asia is leading the way – but integrated reporting and governance remains gap for many investors. To attract long-term capital, many companies in Asia are becoming more aware of how investors integrate Environmental, Social & …

Abu Dhabi / Emirates Business FGB, one of the leading banks in the UAE, achieved a record Group net profit of AED 6.01 billion for the full year 2015. Total income for the year grew by 6 percent, marking the 16th consecutive year of consistent growth in profitability for FGB. Full year 2015 Earnings Per Share amounted to AED 1.32, …