Recent Posts

New lockdowns, Libyan output push oil prices to 5-month low

Bloomberg Oil kicked off what promises to be a turbulent week of trading by plunging to a five-month low as a continued increase in Libyan crude production coincided with a wave of new virus-lockdown measures in Europe. The double whammy of falling demand and growing supply pushed futures in New York down as much as 6% in Asian trading. That ...

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DIB completes Noor Bank’s integration

DUBAi / WAM Dubai Islamic Bank (DIB) on Monday announced that it has completed integration of Noor Bank with successful migration of all banking relationships into DIB. The acquisition further enhances DIB’s position as one of largest Islamic banks in world with total assets exceeding AED300 billion. Speaking about the Bank’s successful integration, Group Chief Executive Officer, Dr Adnan Chilwan, ...

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Bee’ah, UoS agree to promote knowledge-based economy

Sharjah / WAM Bee’ah and the University of Sharjah (UoS) signed an MoU to collaborate across multiple areas of interest that will include environmental research, educational programmes, student sponsorships and explore developing business opportunities and Intellectual Properties (IPs). To enhance student development, Bee’ah will provide scholarships and training opportunities for UoS students and share recruitment opportunities through its job portals ...

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