Business

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UAE's tolerance embraces faiths, runs up against politics

Feb 2, 2019

The UAE's push for tolerance ahead of Pope Francis' visit runs up against hard limits of political expression

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UAE firm says it bought 3 tons of Venezuela gold

Feb 2, 2019

An investment firm in Abu Dhabi says it has bought some 3 tons of gold from Venezuela amid that country's political turmoil

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Sri Lanka seeks $1 billion loan from China amid debt woes

Feb 2, 2019

Sri Lanka is negotiating a $1 billion loan from China, even as the heavily-indebted South Asian island nation makes arrangements to pay down $5.9 billion in foreign loans this year

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Crash of Indian air force trainer aircraft kills 2 pilots

Feb 1, 2019

The Indian air force says one of its Mirage 2000 trainer aircraft has crashed while taking off after being upgraded by a state aerospace company, killing the two pilots

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India budget offers tax cuts, handouts for poor farmers

Feb 1, 2019

India's pre-election budget offers tax cuts, handouts for poor farmers

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Bangladesh sues Manila-based bank in NY over heist

Feb 1, 2019

Bangladesh central bank sues Philippine bank in New York court over 2016 heist of $81 million

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Saudi prince's anti-corruption sweep ends with $106B netted

Jan 30, 2019

Saudi Arabia's unprecedented anti-corruption sweep that saw top princes, businessmen, military officers and officials detained at the Ritz-Carlton has concluded after netting the government around $106.6 billion

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Stray cows to be bar coded in Indian state to counter menace

Jan 30, 2019

Authorities in India's most populous state have been ordered to bar code stray cows and use vacant buildings to shelter them in response to farmers' complaints that the closure of slaughterhouses has created a menace of crop-destroying, free-range cattle

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Emirati banks say their merger brings total assets of $114B

Jan 29, 2019

Abu Dhabi Commercial Bank, Union National Bank and Al Hilal Bank will merge into a single institution with assets of $114B

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Saudi Arabia showcases $53B in deals at conference

Jan 28, 2019

Saudi Arabia says nearly 40 agreements worth $53 billion were signed at the second major investment conference held in the kingdom since the killing of writer Jamal Khashoggi sparked an international outcry

News

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