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    CBUAE welcomes Investbank’s recent disclosure

    CBUAE welcomes Investbank’s recent disclosure

    08 Nov 2022

    The Central Bank of the UAE (CBUAE) supports the steps taken by the Board of Investbank, under the direction of the shareholders, which initiate the relevant legal proceedings with respect...

    Mubadala buys minority stake in GlobalConnect

    Mubadala buys minority stake in GlobalConnect

    14 Oct 2022

    EQT has announced that the EQT Infrastructure III and IV funds (EQT Infrastructure) have signed an agreement to sell a minority stake in GlobalConnect to Mubadala Investment Company (Mubadala). ...

    Firms to develop mega green project

    Firms to develop mega green project

    09 Oct 2022

    Inayat-ur-Rahman, Business Editor Hilshaw Group and Arthur Mackenzy Properties Group signed an agreement to develop a Sustainable Mega Real Estate Project, which shall soon be launched in the emirate of...

    US aims to hobble China’s chip industry with new export rules

    US aims to hobble China’s chip industry with new export rules

    08 Oct 2022

    The Biden administration published a sweeping set of export controls, including a measure to cut China off from certain semiconductor chips made anywhere in the world with US equipment, vastly...

    UK slashes personal, corporate taxes in bid to increase growth

    UK slashes personal, corporate taxes in bid to increase growth

    23 Sep 2022

    The UK’s new government on Friday unveiled a multi-billion-pound package to support households and businesses hit by the highest inflation in decades, cutting taxes as the nation heads for recession....

    Stronger women, better future

    Stronger women, better future

    25 Aug 2022

    Mariecar Jara-Puyod, Senior Reporter Guidance through mentorship and hands-on training are strategic to a sustainable future. Thus, the Sharjah Business Women’s Council (SBWC) launched on Thursday its “Apprentice Initiative” for...

    Emirates rejects Heathrow’s demand to slash capacity

    Emirates rejects Heathrow’s demand to slash capacity

    14 Jul 2022

    Inayat-ur-Rahman, Business Editor Emirates airline said on Thursday it had rejected demands by London’s Heathrow Airport to cut capacity despite being threatened with legal action, and that it would...

    Stock markets slide on growth fears as Swiss, UK inflate rates

    Stock markets slide on growth fears as Swiss, UK inflate rates

    16 Jun 2022

    World stocks resumed their slide on Thursday and government bonds hovered at multi-year highs after a series of rate rises from global central banks rekindled fears that aggressive policy tightening...

    March PMI data indicates growth surges across Dubai non-oil economy

    March PMI data indicates growth surges across Dubai non-oil economy

    11 Apr 2022

    March PMI data indicated a further surge in growth across the Dubai non-oil economy, as output picked up at a marked rate in response to stronger new business intakes. A...

    EDB contributes Dhs1.91 billion to UAE’s GDP growth last year

    EDB contributes Dhs1.91 billion to UAE’s GDP growth last year

    03 Apr 2022

    Emirates Development Bank (EDB) has announced record growth over the past 12 months. The bank has made a Dhs1.91 billion contribution to the UAE’s GDP growth in 2021 through direct...

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