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‘Outreach 2016’ closes its 2nd edition on a positive note

  Dubai / Emirates Business The Digital Marketing Summit – Outreach 2016 successfully concluded its second edition on Thursday at the Grosvenor House Hotel in Dubai. The two-day event featured a diverse line up of more than 40 marketing experts, entrepreneurs and influencers from major local and international organizations, such as Twitter, Coca-Cola, DHL, Landmark, Sky News Arabia, Careem, Fetchr, ...

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Yellen comments boosts dollar

  London / AFP Comments by Federal Reserve chief Janet Yellen that an interest rate increase will likely be appropriate “relatively soon” gave a further shot in the arm to the dollar on Thursday. In testimony prepared for delivery to the Joint Economic Committee of Congress, Yellen said a rate hike would be appropriate as long as there is further ...

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Abu Dhabi banks mixed, Saudi lenders weak

  DUBAI / Reuters Abu Dhabi’s banks were mixed in early trade on Thursday after soaring on Wednesday amid renewed speculation the government would merge more banks. Saudi banking shares were weak. Union National Bank lost 1.1 percent after jumping 12.3 percent on Wednesday. Abu Dhabi Commercial Bank was flat after it gained 5.8 percent. Abu Dhabi Islamic Bank pulled ...

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