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Poland fails to assure with economic appraisal

Bloomberg Poland’s central bank is raising eyebrows in its justifications for maintaining record-low borrowing costs. Governor Adam Glapinski has brushed aside concern about the worst economic expansion in three years and an upward shift in inflation surpassing anywhere else in the European Union (EU). Western sluggishness is weighing on growth, he says, while factors beyond the bank’s control are driving ...

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Emaar reports net profit of AED6.2billion in 2019

DUBAI / WAM Emaar Properties exhibited a resilient performance in FY 2019 by recording net profit of AED6.20 billion as compared to net profit of AED6.139 billion in FY 2018. Emaar recorded revenue of AED 24.586 billion for 2019. Emaar maintained its positive performance in 2019 recording property sales in Dubai of AED14.949 billion. This performance is a result of ...

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Etihad announces launch of TravelPass

Abu Dhabi / Emirates Business Etihad Airways has announced a partnership with Norwegian technology developer Braathens IT, to develop TravelPass, an innovative travel solution initially aimed at corporate and frequent travellers which will launch later this year. The new TravelPass technology provides a subscription-based travel solution, allowing Etihad to offer its frequent guests complete flexibility and ease with their regular ...

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