DUBAI / Reuters Corporate news boosted a couple of stocks in the United Arab Emirates …
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China’s big banks beat profit estimates
Bloomberg Resilient economic growth and a government campaign against excessive leverage are helping China’s largest …
Read More »China’s ICBC bank in talks with Gulf govts, firms on yuan bonds
Reuters Industrial and Commercial Bank of China is talking to governments and state-linked entities in …
Read More »Nigeria’s UBA makes provision on loans to 9mobile
Reuters Nigeria’s United Bank for Africa (UBA) said it had made a provision on loans …
Read More »Euro rises against dollar
Bloomberg The Bloomberg Dollar Spot Index extended its Asia session gain with investors continuing to …
Read More »Russia readies emergency loans to contain Otkritie crisis
Bloomberg Russia’s slow-motion banking crisis claimed its biggest victim yet, forcing the central bank to …
Read More »Top UAE banks post AED6.7bn Q2 profit
Dubai / WAM Profitability at the four largest UAE banks will remain solid in the …
Read More »UAE seeks to join maritime organisation board
DUBAI / WAM The UAE is seeking to join the Board of the International Maritime …
Read More »UAE to showcase investment potential at ‘China-Arab Expo’
ABU DHABI / WAM The UAE, represented by a senior delegation, will participate in the …
Read More »BAML, FAB to get roles in Emaar IPO
DUBAI / Reuters Bank of America Merrill Lynch (BAML) and First Abu Dhabi Bank (FAB) …
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