Recently, McDonald’s decided to raise wages for many of its hourly restaurant workers. The rise ...
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Emirates Securities Market down by -0.03 percent
ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has decreased by -0.03% to close at ...
Read More »Global market volatility falls to two-month low; Pound declines
BLOOMBERG Volatility across global financial markets is at a two-month low as signs central banks ...
Read More »Saudi Arabia wants foreign banks to disclose finances
Bloomberg Saudi Arabia is telling international banks to publicly disclose financial statements for the first ...
Read More »Egypt to weigh tighter regulations on currency bureaus
Bloomberg Egypt’s central bank is weighing tougher regulations on foreign-exchange dealers, part of a broader ...
Read More »Philippines to hold guilty banks accountable for cyber money heist
BLOOMBERG The Philippines will hold accountable any bank or banker found responsible or remiss in ...
Read More »Deposits at ECB go in excess of required reserves
Bloomberg The European Central Bank (ECB) began charging banks interest on deposits in June 2014 ...
Read More »Bahrain’s Investcorp acquires US properties worth $220mn
Doha / Emirates Business Investcorp, a leading provider and manager of alternative investment products, announced ...
Read More »UK house prices rise in March as regions outpace London
Bloomberg U.K. house prices rose 1.3 percent in March, pushing the average above 300,000 pounds ...
Read More »AYKON’s Versace-branded residences get renamed
Dubai / Emirates Business Nine Elms Property Development Ltd, a subsidiary of DAMAC International Limited, ...
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