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Terror attacks a growing economic threat, warns G20

  Chengdu / AFP Increasingly frequent terrorist attacks are becoming a growing threat to the global economy, finance chiefs from the world’s leading economies said on Sunday. Earlier this month 84 people were killed in Nice when a Tunisian truck driver—suspected to be inspired by the IS extremist group—ploughed a 19-tonne vehicle through a holiday crowd. That followed Paris attacks ...

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ENEC, KHNP sign support services pact for Barakah nuclear plant

  Abu Dhabi / WAM The Emirates Nuclear Energy Corporation (ENEC) and Korea Hydro & Nuclear Power (KHNP) have signed an Operating Support Services Agreement (OSSA) at a ceremony held at ENEC’s headquarters in Abu Dhabi in the presence of senior management representatives from both companies. Under the agreement, KHNP will dispatch experienced and qualified nuclear plant personnel to the ...

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Bank of Sharjah H1 profit reaches AED176 million

  SHARJAH / WAM The Bank of Sharjah on Sunday announced its financial results for the six months ended June 30, 2016. During the period, the bank continued to adopt a very conservative credit policy and reduced expensive deposits while maintaining high levels of liquidity and a considerably low loan to deposit ratio. Net profit for the first half of 2016 ...

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