03/31/2016
If the government indeed relinquishes control of these stakes, it would be great news, further pushing it out of an activity it had no business entering in the first place.
03/29/2016
The initiative, which involves businesses working with lenders to restructure their loans, is intended to give breathing space to SMEs, which contribute around 60 percent of UAE's gross domestic product.
03/28/2016
The workshop is organised as part of capacity building initiatives to improve the skills and the capabilities of the staff of Islamic banks and windows operating in the Sultanate and the supervisory departments of the CBO, according to a CBO release.
03/24/2016
The United States is not standing in the way of foreign banks doing business with Iran, a senior US official said yesterday, but his comments appeared unlikely to satisfy frustrated businessmen and Iranian officials.