BLOOMBERG Royal Bank of Canada (RBC) is cleaning up City National Bank’s balance sheet after the US lender posted a money-losing quarter amid higher rates and the crisis of confidence at regional banks. RBC made a capital injection into City National and bought debt securities from it, boosting the Los Angeles-based division’s liquidity and capital and allowing it to pay ...

ABU DHABI/ WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai, said that Fifty years ago, Al Jundi magazine was launched to provide content that contributes to the intellectual development of the Emirati people and serves the nation’s development journey, with a particular focus on military and security ...

ABU DHABI/ WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, emphasised the significance of the role of Al Jundi magazine and other specialised national publications in boosting the knowledge and awareness of its readership in the UAE. “This holds especially true for members of our Armed Forces, through ...