Bloomberg Chinese officials expect the US will delay a threatened tariff increase set for Sunday ...
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Adnoc, RIL in deal to explore petchem plant in Ruwais
ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc), signed on Tuesday a ...
Read More »Saudi government invested $2.3 billion in Aramco IPO
Bloomberg Saudi government institutions invested almost $2.3 billion into the initial public offering (IPO) of ...
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ABU DHABI / WAM The Khalifa Fund for Enterprise Development (KFED), announced that it is ...
Read More »VAT adds 5.5% to UAE’s overall revenue in 2018
ABU DHABI / WAM Tax revenue, including VAT, amounted to 5.5 percent of the total ...
Read More »Sheikh Mohammed attends 40th GCC Summit in Riyadh
Riyadh / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime ...
Read More »Powell steers for economic soft landing thwarted twice
Bloomberg Maybe the third time Jerome Powell will get lucky. The Federal Reserve chairman looked ...
Read More »Deutsche Bank vows to avoid capital raise as ECB cuts burden
Bloomberg Deutsche Bank AG Chief Executive Officer (CEO) Christian Sewing vowed that the bank will ...
Read More »Morgan Stanley fined $22mn by France
Bloomberg Morgan Stanley was fined 20 million euros ($22.1 million) by French regulators after the ...
Read More »Egypt inflation climbs first time in 5 months
Bloomberg Egypt’s inflation rate accelerated for the first time in five months, rising 3.6% in ...
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