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UAE BRANCH CLOSURES
India is bracing for an oil shock. Pashupati Advani on where smart money is hiding right nowIndian markets are navigating a complex landscape. Global energy disruptions are impacting exporters directly. A domestic crisis at HDFC Ba...- Citibank to keep most UAE branches closed indefinitely due to Iran warCitibank has closed most of its UAE branches and offices until further notice. This is a response to worsening security conditions amid the...
- Fire at UAE oil hub as Iran vows retaliation for US attack on Kharg IslandWest Asia crisis: As the war entered its third week, Iran projected defiance after U.S. forces hit military sites at its own main oil hub, ...
- Old ways, new needs: Why banks need to change lending systems for exportersMSMEs in India do not have any shortage of export orders but are unable to move forward as financing options have not kept up with the chan...
- After the deluge, resilience, recovery, and damage assessment in DubaiDubai recovers slowly after rains. Flight cancellations, relief efforts, and heroic deeds unfolded. UAE's tourism sector impacted. Indian e...
- Warburg Pincus, Kedaara in talks to acquire WatertecWatertec (India) Pvt Limited was set up in 1997 as a three-way joint venture among Coimbatore-based UMS Group, Watertec Malaysia and Sri La...
- SBI extends global trade finance solutions to Israeli corporates"In view of the revival of business activity in the coming months with vaccine approvals being accorded by various governments around the w...
- Irregularities found at Pakistan’s top bank after U.S. sanctionThe findings are contained in a State Bank of Pakistan report, finalized in the first half of 2019, on Habib Bank Ltd.’s operations in the ...
- Union Bank of India exits Antwerp diamond marketState-owned Union Bank of India has decided to quit Antwerp diamond hub in Belgium as the branch did not generate expected business, a seni...
- Shape up or face music: PNB chief tells 300 bank branchesWe have given notice to all loss-making branches that within one year they should turnaround or face mergers or closure, said Sunil Mehta, ...
- Government set to slap terror case on Zakir Naik, ban his NGOTwo-pronged action plan against Naik, a popular Islamic missionary who has been accused of being the "inspiration" behind the Dhaka restaur...
- Why bombing Yemen, 39th biggest oil producer, is roiling marketsYemen is not an oil producer of great significance but it is located geographically and politically in a very important part of Middle East.
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