SHARJAH / WAM Sharjah Islamic Bank (SIB) received the Wells Fargo Operational Excellence Award 2018-2019. The award is granted for banks that achieve over 95 percent straight through processing rate of their payments through Wells Fargo money transfer systems. According to a bank statement, winners of the Operational Excellence Awards were judged based on several criteria’s. SIB as an entity ...

Abu Dhabi / Emirates Business Emirates Steel, the only integrated steel plant in the UAE and a subsidiary of the General Holding Corporation (Senaat), is participating in the Big 5 International Building and Construction Show 2019. The steel manufacturer will showcase its range of high quality steel products, services and solutions with leaders in the national and regional construction industry. ...

Bloomberg China said it will raise penalties on violations of intellectual property rights (IPR) in an attempt to address one of the sticking points in trade talks with the US. The country will also look into lowering the thresholds for criminal punishments for those who steal IP, according to guidelines issued by the government. It didn’t elaborate on what such ...