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  Bloomberg The greatest risks facing European Union banks are high levels of bad loans and lower profitability, the bloc’s financial regulator said in a report. The European Banking Authority said that while EU-wide lenders had strengthened their capital buffers, technology-related risks were increasing amid lingering litigation concerns. Presenting its ninth report on “risks and vulnerabilities in the EU banking …

  Bloomberg Royal Bank of Scotland Group Plc will probably deepen cuts at its investment bank and its Irish business to boost capital after flunking Bank of England stress tests, according to analysts. The Edinburgh-based lender may need to dispose of 44 billion pounds ($56 billion) of risk-weighted assets to improve its capital buffers, analysts at Barclays Plc led by …

  Reuters Fourteen former and current executives of the Wendel investment company will face trial for tax fraud while US bank JP Morgan Chase is to be pursued for complicity, legal sources said. The former head of Wendel, Jean-Bernard Lafonta, and Ernest-Antoine Seilliere, ex-chief of the main French employer’s association, are among those to be tried, legal sources said. An …

GULF TIME Vapiano is set to introduce breakfast for the first time in its history across its UAE outlets, marking an exciting new chapter for the international dining brand. The new Vapiano Breakfast Menu has been created to bring a fresh, social, and relaxed international lifestyle experience to the morning dining scene, offering guests a new way to begin their …

NEW WEST ZONE SUPERMARKET LLC, the registered and exclusive owner of the trademark “WEST ZONE” in the United Arab Emirates, hereby declares that  the company has no procurement or marketing branch operating in any of the Emirates in the UAE except “ Dubai”. The public, customers, and suppliers are hereby cautioned not to deal with any entity claiming to represent or belong …

ABU DHABI/WAM The Securities and Commodities Authority (SCA) is calling on investors to collect their dividends through First Abu Dhabi Bank (FAB), the paying agent appointed to handle the process. This comes as a part of its ongoing efforts to protect the rights of shareholders in companies listed on the UAE stock exchanges and ensure they claim any outstanding entitlements …

DUBAI/WAM Capital.com, the high-growth global trading platform and fintech group, has announced it is now offering its customers access to the principal UAE stock markets – becoming one of the first major trading platforms to do so. In a move that reflects the growing interest in the region’s economy, Capital.com is providing full coverage of the Abu Dhabi Securities Exchange …

ABU DHABI / WAM The Abu Dhabi Securities Exchange (ADX), the second-largest exchange in the Middle East, on Tuesday welcomed the successful listing of Alpha Data, a leading digital transformation provider and systems integrator in the UAE. This marks the UAE’s first IPO and the exchange’s second offering in 2025, reinforcing the exchange’s commitment to broadening the market and offering …