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20 March 2025
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UBS braces for additional $5.1bn losses

UBS said yesterday that it had further losses and write-downs of $5.1 billion (Dh18.7bn) during the second quarter of

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Money-supply growth eases

Annual Kuwaiti money-supply growth eased for a second month to 15.29 per cent in July, the slowest annual growth rate

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Khaleeji Bank profit rises

  Islamic lender Khaleeji Commercial Bank yesterday said first-quarter net profit increased by 213 per cent to BHD12.6

No job gratuity before one-year service: court

Employees in the UAE are not entitled for end-of-service benefits before completing a full one-year service in the job,

2 people died on UAE roads each day in past 8 months

Road accidents killed 463 people in the UAE in the first eight months of 2014 - almost 2 a day. Most of them were

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Tropical storm kills three in Taiwan

At least three people were killed when torrential rain brought by Tropical Storm Kong-Rey caused widespread flooding in

Dhawan smashes second highest limited overs score

Shikhar Dhawan smashed the second highest score in limited overs cricket when he pummelled 248 from 150 balls for India

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South Korean PM resigns over response to ferry disaster

South Korean Prime Minister Chung Hong-won announced his resignation on Sunday over the government's poor response to

Higher premiums lift profits at Union Insurance

Abu Dhabi-listed Union Insurance Company (UIC) on Thursday said its net profit in the first half of 2014 rose 12 per

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Saudi Savola to sell stake in property project

Saudi Arabia’s Savola Group has agreed to sell its entire stake in a Jeddah real estate project for SR593.5 million ($

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Finnish party expels MP for Nazi salute photo

The far-right Finnish party True Finns announced on Thursday it had thrown out one of its lawmakers after discovering

IPL9 KKR vs MI: Rohit steers Mumbai Indians to victory

A magnificent unbeaten half century from Rohit Sharma (84) has helped defending champions Mumbai Indians beat Kolkata