Bloomberg Societe Generale SA, seeking to restore growth and profitability, will deepen job cuts at its French consumer bank and take exceptional charges of about 570 million euros ($678 million) against fourth-quarter earnings. As many as 900 reductions may take place as the domestic retail banking business cuts branch numbers, resulting in a charge of about 400 million euros, SocGen …

ABU DHABI / WAM The Supreme Petroleum Council (SPC) presided over by His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces and Vice-Chairman of the SPC, on Monday approved ADNOC’s key strategic investments programme and future opportunities, as the oil and gas company expands its 2030 strategy, …

DUBAI / WAM Sultan bin Saeed Al Mansouri, Minister of Economy and Chairman of Dubai Islamic Economy Development Centre (DIEDC) has emphasised that the Islamic economy is today at the heart of the global economic movement, which aims at stimulating growth, achieving sustainability and equity in development. Al Mansouri’s remarks came during a speech during the Islamic Economy Award 2017, …