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European banks eyeing mergers face gridlock

Bloomberg The European Central Bank (ECB) and the lenders it oversees are running out of time in their push for rules to foster cross-border mergers. European Union regulations need to change so consolidation makes financial sense, the ECB and firms say. But their shared urgency has been stymied by politicians from Germany and smaller states who want to make sure ...

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UAE delegation participates in Poland maritime event

ABU DHABI / WAM The UAE participated in “World Maritime Day,” which was held in Szczecin, Poland, under the slogan, “our legacy to achieve better maritime transportation for better shipping.” The event was organised by the Ministry of Maritime Economy and Internal Navigation of Poland, in cooperation with the International Maritime Organisation (IMO). The UAE delegation was led by Dr ...

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