High interest rates benefitted the British lender and banking sector as a whole.
Its net profit dropped 13.2% to US$570 million.
This action, among others, could be quite helpful in getting the UAE out of the so-called grey list of the...The Anti-Drug Section at the ADP’s Criminal Investigation Department (CID) detected a suspicious shipment
It had arrived from a neighboring country at Khalifa Port, and was apparently meant to travel to Europe
Saeed Ahmad, Callsign’s Managing Director for the MENA region, explains how a single fraudulent message impersonating an entity can erode...Scams have targeted 66 percent of people in the UAE in recent years, and the phenomenon is spreading
Around 50 percent of the region’s consumers lose faith in an organization whose name appears in a scam message
The UAE-Bangladesh Business Forum discussed ways to enhance cooperation between the two countries in the field of trade and investment,...An MoU was signed between the two to establish a joint UAE-Bangladesh Business Council.
The UAE-Bangladesh Business Forum was held at DP World Pavilion at Expo 2020 today in the presence of ministers.
Dubai witnessed real estate and properties transactions worth AED13.4 billion ($3.64 bn) during the week ending 11 March 2022, according...The top three transactions were a plot of land in Trade Centre Second sold for AED198.15 million, followed by a plot of land that was sold for AED160.14 million in Palm Jumeirah.
The sum of the amount of mortgaged properties for the week was AED3.83 billion, with the highest being a building in Palm Jumeirah, mortgaged for AED1 billion.
The Sharjah Chamber of Commerce and Industry (SCCI) and an Argentinian delegation discussed ways to enhance cooperation between the business...Sharjah Chamber and a delegation from Argentina discussed economic, trade and investment relations at a forum.
Abdallah Sultan Al Owais, Chairman of the SCCI highlighted the importance of joint work to advance the existing relations.
The adjusted EBITDA growth was 15.3 percent ($3.828 bn) and capital expenditure $1.393bn.The revenue increase from $2.245 billion to $10.778 billion is supported by acquisitions and new concessions including Angola, Unico and Transworld.
Like-for-like non containerized revenue grew 9.5 percent with a strong performance from the Feedering business.
- Five Chinese companies have been ordered to comply with audit requirements by the US Securities and Exchange Commission (SEC) or...
In total, some 248 companies are affected, with a market capitalization of about $2.1 trillion, according to an ad hoc committee.
Mainland Chinese and Hong Kong companies are notorious for not submitting their financial statements to US-approved auditors.
Mexican cartels are estimated to have used bitcoin to launder $25 billion a year in Mexico alone, according to a...The criminals skirt a law requiring cryptocurrency platforms to notify authorities of any transaction of more than $2,830
They are then said to use the accounts to repeatedly buy small amounts of bitcoin online to pay associates
According to Statistics New Zealand, the total two-way trade between New Zealand and the UAE in 2021 reached AED8.63 billion...ECI and NZEC have agreed to promote the UAE and New Zealand exports and export-related investments
They will provide tailored trade credit insurance and financial guarantees, backed by their governments
The refinery, in China’s Panjin, should be operational by 2024.The liquids-to-chemicals complex is being built by Huajin Aramco Petrochemical Company (HAPCO), of which Aramco is a part
The other members of the JV are North Huajin Chemical Industries Group Corporation and the Panjin Xincheng Industrial Group
