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63pc UAE credit card holders oblivious of interest rates

ALKESH SHARMA / Emirates Business Credit cards could be alluring but at the same they could also land you in soup if not used wisely. UAE is known globally for the wide circulation of plastic money and penchant of its residents of using credit cards. A recent report stated over 50 percent of UAE residents prefers using credit card mechanism ...

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What’s new at Abu Dhabi’s Global Aerospace Summit?

RITIKA SHARMA / Emirates Business Cross-border partnerships, workforce localisation, inclusion of women in aerospace and future of unmanned aircraft systems — are a few topics to be discussed at the Global Aerospace Summit, which are bound to make it a unique experience. The much-awaited biennial aviation event to be held at ADNEC in Abu Dhabi is expected to put an ...

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French bank earnings signal strength amid dismal outlook

PARIS / Bloomberg With some of their European rivals including Deutsche Bank AG still reeling from full-year losses, French banks entered a tumultuous 2016 with the strongest earnings in almost a decade and pledged to reward shareholders with higher dividends. Their resolve is about to be put to the test. In France, a focus on consumer lending has helped shield lenders ...

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