BLOOMBERG Industrial & Commercial Bank of China (ICBC), the world’s largest lender by assets, reported profit grew just 0.03% in the third quarter as it was directed to dole out cheap loans to help shore up the struggling economy. The other big banks posted mixed results. Agricultural Bank of China Ltd said profit rose 7.76% in the period, while Bank …

DUBAI/ GULF TIME Tata Group’s fine jewellery brand Mia by Tanishq has opened its first international store in Dubai, adding to its footprint of 120+ stores across India. Conveniently located in the heart of the city at BurJuman, the flagship boutique will house a stunning collection of trendy, popular and contemporary designs uniquely crafted in gold, diamond and coloured stones …

DUBAI/ GULF TIME Danube Properties announced it is allocating real estate units at a value of AED 25 million in support of charity and humanitarian programs carried out by Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI). Danube pledged to allocate real estate units over the next five years to support programs launched by MBRGI, the largest foundation of its …