BEIJING. China’s banks made the most new loans on record in January — totalling 3.23 trillion yuan ($477 billion) — as policymakers try to jump-start sluggish investment and prevent a sharper slowdown in the world’s second-largest economy. Chinese banks tend to front-load loans early in the year to get higher-quality customers and win market share. […]
DUBAI: A UAE consortium led by Dubai-based SecLink group has clinched the deal to give a multibillion dollar facelift to one of the world’s largest slum settlements. In an exclusive interview to Gulf News, SecLink group’s chairman and managing director Nilang Shah said they have secured the bid to transform Mumbai’s Dharavi, which sprawls 2.4 […]
During the meeting, the Kerala CM extended an official invitation to Sheikh Mohammed to visit Kerala.
Web portal can be used for application of ID cards and online certificate attestations
Dubai: Commercial Bank International (CBI) on Thursday reported a net profit of Dh226 million, up 29 per cent in 2018 compared to Dh175 million in 2017. The surge in profits came from a 7 per cent increase in net operating income from Dh865 million to Dh928 million and a 9 per cent decrease in expenses […]
Cairo: Egypt’s central bank unexpectedly cut the benchmark deposit rate by 100 basis points Thursday, its first such move in almost a year, as inflationary pressures ease and investor inflows recover from last year’s rout in emerging markets. The Monetary Policy Committee cut the deposit rate to 15.75 per cent and brought the lending and […]
Trump also repeated his claim that “walls work”.
Dubai: Tawazun Economic Council, the UAE defence and security industry enabler, has announced a series of changes to the Tawazun Economic Programme through which foreign and local investment is channelled into key sectors of the economy. Tareq Abdul Raheem Al Hosani, Chief Executive Officer of Tawazun Economic Council, said: “We have strengthened the Tawazun Economic […]
Traffic will be diverted to alternative routes.
The family is offering a Dh1,500 reward for whomever finds him.