Recent Posts

Costly divorce for UK: Business warns of Brexit impact

London / Bloomberg As executives digest the news of the UK’s vote to leave the European Union, they’re cautioning that business will suffer — affecting everything from beach vacations to wristwatch ads to initial public offerings of stocks. Companies exposed to the U.K. economy warned that the decision could slow growth and prompt them to cut their investments in the ...

Read More »

UAE financial bodies unaffected by uncertainty about UK, EU relations

  ABU DHABI / WAM The Central Bank of the UAE stated that due to limited interconnectedness between the UAE and the UK financial systems, there are only few channels through which uncertainty about future UK and EU relations could affect the UAE financial institutions. Banks based in the UAE do not depend on foreign interbank markets to fund their ...

Read More »

Innovation key to UAE’s growth in post-oil era

  Abu Dhabi / Emirates Business The UAE can achieve a whole new level of excellence and prosperity by making innovation a highlight of its strategic direction in a post-oil era, according to a new market analysis issued on Saturday. The report by PA Consulting Group says the UAE is a perfect example of how nations can emerge from being ...

Read More »
Send this to a friend