The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
BLOOMBERG The Philippines will hold accountable any bank or banker found responsible or remiss in …
Read More »Philippines to hold guilty banks accountable for cyber money heist
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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, …
Read More »Egypt’s SODIC inks $495mn sales contracts
CAIRO / EMIRATES BUSINESS Egypt’s real estate developer SODIC signed sales contracts worth 4.4 billion …
Read More »Evictions, unrest cast shadow on Ethiopian construction boom
Bloomberg When Ethiopian farmer Mulugeta Mezemir ceded his land three years ago to property developers …
Read More »Casino’s debt cut to junk at S&P amid muddy waters attack
Bloomberg Casino Guichard-Perrachon was cut to junk by Standard and Poor’s, increasing the French grocer’s …
Read More »Nigeria seeks airline discounts to curtail govt travel budget
Bloomberg Nigeria, reeling from the slump in oil prices, has asked domestic and international airlines …
Read More »Infibeam plans to raise $81 million in e-commerce public offering
Bloomberg Infibeam Incorporation Ltd. plans to raise as much as 5.4 billion rupees ($81 million) …
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