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Bank clampdown dims allure of scandal-hit Baltic haven

  Bloomberg Many Latvians got a shock this summer when they were informed their bank accounts risked being blocked if they didn’t hand over details of their citizenship, financial plans and any ties to high-level politics. Demands to fill out online questionnaires were dispatched by lenders at the behest of financial regulators, who’ve been battling the Baltic nation’s reputation as ...

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Dubai private sector scales up the business ladder

  DUBAI / Emirates Business Private sector companies in Dubai experienced another strong improvement in business conditions during September. This was highlighted by the seasonally adjusted Emirates NBD Dubai Economy Tracker Index posting 55.1, down fractionally from 55.7 in August but still well above the 50.0 no-change threshold. On average in the third quarter of 2016, the headline index signalled ...

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Dubai Culture launches ‘reading box’

  Dubai / Emirates Business Dubai Culture & Arts Authority (Dubai Culture), the Emirate’s dedicated entity for culture, arts and heritage, announced the launch of its ‘Reading Box’ initiative that hold its first event at The Dubai Mall. This interactive public initiative will run across Dubai from October 11 – 24 in support of the UAE Government’s Year of Reading ...

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