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GFH announces net profit for 2015

Bahrain / Emirates Business GFH Financial Group (GFH) on Saturday announced its full year financial results for 2015 with a consolidated profit of US$ 29 million before provisions of US$17 million, and a net profit of US$ 12.0 million, signaling sustained profitability for the Group. The consolidated net profit for 2015 was US$ 12 million compared to net profit of ...

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MBRSG launches online campaign to identify innovative ideas

Dubai / Emirates Business The Board of Trustees of the Mohammed bin Rashid School of Government (MBRSG), a research and educational institution specialized in public policy in the Arab world, reviewed the results of an online brainstorming campaign launched by the School, to identify innovative ideas and suggestions to further develop programs and curricula in preparing future government leaders. Mohamed ...

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Treasuries plunge as growth, inflation exceed forecasts

NEW YORK / Bloomberg Treasuries fell after a line-up of above-forecast economic data prompted traders to re-evaluate their views on the Federal Reserve’s interest-rates path. Yields on two-year notes, seen as the most sensitive to Fed policy expectations, surged by the most since December as traders ratcheted up bets on the pace of rate increases. That helped push the gap ...

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