Bank deposits in the UAE grow by 7.7% in 7 months

2023-09-14 05:18:08 Abu Dhabi – Mubasher: Bank deposits in UAE banks increased by 0.5 percent last July, by 10.9 billion dirhams, or the equivalent of 351.6 million dirhams per day. A report issued by the UAE Central Bank indicated the growth of bank deposits in state banks during the first seven months of this year … Read more

Islamic Banking in Uganda: Financial Inclusion for Religious Believers

2023-09-11 11:18:00 (Ecofin Agency) – While 14% of Ugandans are Muslim, Islamic banking products could contribute to the financial inclusion of people who shun conventional banks for reasons linked to their religious beliefs. The Ugandan Central Bank announced, in a press release published Friday September 8, the granting of an Islamic banking license to the … Read more

Philippe Ghanem, Founder and Managing Director of SquaredFinancial Group, calls on talent worldwide to shape the future of online commerce

2023-09-10 14:47:46 Luxemburg (ots/PRNewswire) – – Global expansion requiring more dynamic talent SquaredFinancial Group Founder and Managing Director Philippe Ghanem, a 20-year veteran of the financial industry, has made an inspiring call for talent to join his leading company, highlighting the crucial role of talent in the success of any business. As the Group embarks … Read more

CGTN: China’s northeast region will drive economic revitalization through technological innovation

2023-09-09 00:54:10 Peking, China (ots/PRNewswire) – “We have full confidence in the comprehensive revitalization of the Northeast in the new era,” Chinese President Xi Jinping said during an inspection tour of northeast China in August last year. Since the 18th National Congress of the Communist Party of China (CPC), Xi has visited the northeastern region … Read more

CGTN: Regional economic integration promotes shared prosperity between China and ASEAN member states

2023-09-08 23:52:40 Peking, China (ots/PRNewswire) – Under the theme “ASEAN Matters: Epicentrum of Growth,” the 43rd Association of Southeast Asian Nations (ASEAN) Summit concluded on Friday in Jakarta, Indonesia with a number of positive outcomes. Deepening cooperation between ASEAN and China would benefit people on both sides, ASEAN Secretary-General Kao Kim Hourn said on Thursday. … Read more

Shanghai Electric presents robust mid-year financial results with record growth in low-carbon and renewable energy sectors

2023-09-07 14:45:27 Shanghai (ots/PRNewswire) – Shanghai Electric (SEHK:2727, SSE:601727) capitalized on market opportunities in key sectors to grow significantly in H1 2023 while optimizing its corporate strategy to face global economic challenges. During the period, Shanghai Electric has championed low-carbon transformation, clean and renewable energy to support China’s “dual-carbon” goal. In the first half of … Read more

The Emirati “ADNOC” signs an agreement worth two billion dirhams with a Chinese company to supply natural gas

2023-09-07 05:16:03 Abu Dhabi – Mubasher: ADNOC Gas, the global gas processing company, has signed an agreement to supply liquefied natural gas with PetroChina International Limited, a subsidiary of PetroChina Limited, one of the leading oil and gas producers and distributors in China. The company stated, in a statement, that the value of the agreement … Read more

Austrian Bank Raiffeisen’s Profits Soar in Russia During War: The Controversy Continues

2023-09-05 17:14:15 During the war, business continued. This is what is reproached, with increasing insistence, to Raiffeisen Bank International (RBI), the main Austrian bank, very present in Russia. The value of its assets in this country thus increased by 40% between January 2022 and March 2023 to reach 29 billion dollars, noted the British daily … Read more