Dubai / Emirates Business Mashreq Bank, the UAE’s leading financial institution, on Tuesday announced that it will enter the non-bank financial institution (NBFI) space in India through an engagement with IL&FS Financial Services Ltd to offer external commercial borrowings (ECB) in Indian Rupees. Through the IL&FS Group, Mashreq will serve the Indian market across various verticals including financial services, power, ...

DUBAI / Emirates Business The Middle East and Africa’s largest international trade fair for beauty products, hair, fragrances, and wellbeing opened on Tuesday, with a new record in exhibitor numbers and exhibition space covered in its 23rd edition. Beautyworld Middle East is a magnet for retailers, distributors, and beauty professionals looking for the latest inspirations in beauty and wellbeing. The ...

Bloomberg The dollar rallied while oil dropped as traders braced themselves for President Donald Trump’s decision on the Iran nuclear deal. Stocks were little changed in the US and Europe. The greenback strengthened for a third session as Federal Reserve Chairman Jerome Powell stuck with a message of gradual tightening. Italian shares tumbled on the prospect for fresh elections that ...