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Markets
Abu Dhabi’s DED issues 4813 new licenses in Q1 2019
DED launches new programmes to boost growth
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Banking
First Abu Dhabi Bank to shut down branch in Qatar
Abu Dhabi bank says Qatari authorities made it ‘impossible’ for operations to continue
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Energy
Fujairah oil product stockpiles fall to 5-month low
Stockpiles fell to 21.398 million barrels, the lowest since January 28
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Markets
Sharjah Islamic Bank to issue dollar sukuk
The instruments are priced following a book building process
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Banking
Banks cannot drop their guard against cyber threats
Decline in correspondent banking relations in this region is of concern
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Markets
Asia’s currency rally could fade soon
Traders take risk off the table before the Fed’s decision
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Business
US effort to target North Korea defeated
Moscow and Beijing said more time was needed to study the US request
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Markets
Abu Dhabi banks see fresh lease of life
Abu Dhabi index jumps 1.27% on Wednesday after subdued week so far
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Aviation
Airbus XLR lands seventh deal
The deal comprises 32 new orders worth about $4.5 billion at list prices
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Business
UK inflation dips to BoE target
Consumer Prices Index (CPI) 12-month rate was 2 per cent in May 2019
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Business
Modernising Lloyd’s of London a challenge
Lloyd’s has been buffeted by two years of steep losses from natural catastrophes
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Business
China says history shows positive outcome possible
Chinese, US presidents spoke by telephone on Tuesday
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Business
Fed to defend Powell against Trump
White House lawyers have equipped Trump with a possible blueprint for demoting Powell
