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Showing 1 - 15 results of 5761 for "Business/Economy"

Arab Bank's headquarters in Amman. Jordan's largest lender reported a 68% drop in profit for the first nine months of the year on higher provisions. Its provisions are high enough to cover 100 per cent of non-performing loans, the lender said. Reuters

Arab Bank's 9-month profit plunges 68% on higher provision charges

October 26, 2020
First Abu Dhabi Bank deferred Dh7.5bn of debt under the Central Bank of the UAE's Targeted Economic Support Scheme as of September 30. Chris Whiteoak / The National

FAB chief hails 'resilient' performance amid pandemic

October 26, 2020
The Central Bank of the UAE continues to enhance transparency of financial transactions and strengthen the oversight of money transfers. Ryan Carter / The National

Central Bank of the UAE fines two exchange houses Dh1.45m for lax compliance

October 26, 2020
The 'Safe travels' seal in Machu Picchu, in Peru. The WTTC's urgent call for common standards on Covid-19 testing comes as airlines face a bleak winter season that will stretch their cash reserves and test their survival amid a second and third waves of infections. EPA 

Global Covid-19 protocols for international flights to be ready within 4 weeks, WTTC chief says

October 26, 2020
A merchant counts Turkish lira banknotes at the Grand Bazaar in Istanbul. The currency has taken a hit after the central bank failed to raise interest rates last week, against market expectations. Reuters

Turkish lira falls to record low against US dollar

October 26, 2020
The industrial properties acquired by Investcorp are primarily located in Chicago and Cleveland, which rank as the first and 11th largest industrial markets in the US. Courtesy: Investcorp

Investcorp grows US industrial real estate footprint to $2bn

October 26, 2020
IMF managing director Kristalina Georgieva says swift policy action has protected lives and supported livelihoods in the GCC during the pandemic. Reuters

Robust healthcare systems and timely GCC policy actions averted deeper crises, IMF says

October 26, 2020
A ConocoPhillips oil refinery in Pennsylvania. The US petroleum giant ConocoPhillips plans to acquire Texas-based shale oil rival Concho Resources for $9.7bn. Global oil giants have struggled in recent months as the Covid-19 pandemic slowed down the global economy and caused crude prices to plunge. AFP

Why the fluidity of energy markets is pushing shale companies to merge

October 26, 2020
A Dana Gas gas facility in Egypt. The company entered into a binding agreement to sell most of its Egyptian assets for $236m. Wam

Dana Gas signs binding agreement to sell Egyptian assets for $236m

October 25, 2020
People invited as "Covid-19 warriors" to a special screening of a Bollywood movie in New Delhi on October 15. Some states are still keeping theatres closed amid the pandemic. AFP 

Festive season footfall in India’s cinemas needed to revive Bollywood’s fortunes

October 25, 2020
Samsung Chairman Lee Kun-hee, right, the chairman who transformed the small television maker into a global giant of consumer electronics, died on Sunday, October 25 at the age of 78. AP

Samsung chairman and pioneer Lee Kun-hee dies at 78

October 25, 2020
A woman walks round Citywalk with a mask on to prevent the spread of Covid-19, Dubai. Chris Whiteoak / The National

Dubai government boosts Covid stimulus to Dh6.8bn

October 24, 2020
The UAE Central Bank. The decision to merge the Insurane Authority with the country's Central Bank is aimed at raising the efficiency of the insurance sector. Sammy Dallal / The National

UAE’s Insurance Authority merges with Central Bank

October 24, 2020
Tourists at Trafalgar Square, London. Renewed lockdown measures in some countries, travel restrictions, reduction in consumers’ disposable income and low confidence levels could significantly slow down the global tourism sector’s recovery. Peter Dench / Getty Images

Covid-19 could cost global tourism industry up to $8.1tn

October 24, 2020
A sign for outside the International Monetary Fund's headquarters in Washington. Sudan currently owes $1.3bn to the multilateral lender. EPA

IMF 'encouraged' by US plan to remove Sudan from state terror list

October 24, 2020
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Top doctor who treated 500 virus patients left with 'long Covid' symptoms

Cartoon for October 26, 2020
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A view of towers along the Jumeirah Beach Residences coastline in Dubai. Chris Whiteoak / The National

Dubai winter warning, 1,359 new UAE cases, Barclays sues BR Shetty - The Daily Update

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Cybersecurity firms in the UAE have reacted to a major leak of patient information held by pharmaceutical giant Pfizer. EPA

Employees are the biggest threat to cybersecurity

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The skyline of Dubai and Burj Khalifa. Reem Mohammed/The National

Police seize crystal meth, 1,491 UAE Covid-19 cases, Dubai boosts stimulus - The Daily Update

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NEW YORK, NY - OCTOBER 24: A poll worker helps voters at the Queens Public Library during early voting for the U.S. Presidential election on October 24, 2020 in the Jackson Heights neighborhood in the Queens borough in New York City. Due to the coronavirus and social distancing concerns New York State is allowing early voting for the first time. Stephanie Keith/Getty Images/AFP

Beyond The Headlines: How will Arab Americans vote in US presidential election?

Beyond The Headlines
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