BLOOMBERG Bank of America Corp (BofA) first-quarter profit beat estimates after its fixed-income traders delivered …
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Bank of England official says stablecoin use may need limits
BLOOMBERG Bank of England (BOE) Deputy Governor Jon Cunliffe said regulators may need to impose …
Read More »Fund outflows of $4.4bn at Credit Suisse since UBS deal
BLOOMBERG Credit Suisse Group AG saw clients pull $4.4 billion from US and European funds …
Read More »UAB reports AED54.8m net profit in Q1 2023
SHARJAH / WAM United Arab Bank (UAB) has reported its financial results for the first …
Read More »UAE unveils global competition for ‘sustainability-focussed firms’
ABU DHABI / WAM In line with UAE Net Zero 2050 and the UAE’s direction …
Read More »Europe adopts key laws to reach 2030 climate target
BRUSSELS / WAM The European Parliament approved the deals reached with EU countries in late …
Read More »UAE President receives Jordanian King
ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Tuesday …
Read More »Taqa’s $1.5b dual tranche 5-year, 10-year bond offering complete
ABU DHABI / WAM Abu Dhabi National Energy Company (Taqa) announced on Tuesday the successful …
Read More »UAE leaders wish Zimbabwe president on Independence Day
ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent …
Read More »Mohammed bin Rashid issues amendments to law regulating drone activity in Dubai
DUBAI / WAM In his capacity as the Ruler of Dubai, His Highness Sheikh Mohammed …
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