Author: Arabian Media staff
Gundlach foresees a weaker dollar and a steeper yield curve Source link
Client Challenge JavaScript is disabled in your browser. Please enable JavaScript to proceed. A required part of this site couldn’t load. This may be due to a browser extension, network issues, or browser settings. Please check your connection, disable any ad blockers, or try using a different browser. Source link
FCA fines Woodford and bans him from senior roles Source link
Novo Nordisk, the Danish maker of the wildly popular Ozempic and Wegovy drugs used for weight loss, was downgraded due to competition from compounding as well as arch rival Eli Lilly, a brokerage said on Tuesday. Source link
The largest banks in the Gulf Cooperation Council (GCC) region reported stronger loan growth in the second quarter of 2025 compared to a year ago, supported by lower regional interest rates and improved economic sentiment. Al Rajhi Banking & Investment Corp., based in Saudi Arabia, recorded the sharpest loan growth among the top five GCC lenders, with year-on-year expansion rising to 19.31 per cent, up from 7.37 per cent a year earlier. Saudi National Bank followed with loan growth accelerating to 12.21 per cent from 10.25 per cent in the same period last year. In the UAE, First Abu Dhabi…
Image credit: Supplied photo Parkin Company PJSC (“Parkin”), Dubai’s leading provider of paid public parking facilities and services, has announced a strategic agreement with Dubai Holding to introduce managed parking solutions across several of the emirate’s master-planned communities. Dubai Holding is a diversified global investment company with a footprint in over 30 countries. Under this new agreement, Parkin will take full charge of parking operations in select areas, deploying advanced digital technologies, enforcement systems, and real-time data analytics to optimise traffic flow and parking efficiency. Image credit: Supplied photo Smart, customer-focused parking rollout The move comes amid growing pressure on…
Image credit: Dubai Media Office/ Website Emirates will introduce a fourth daily flight between Dubai and London Gatwick starting February 8, 2026, further strengthening its presence in the UK. The new flight, EK069/070, will be operated by the airline’s latest Airbus A350, featuring next-generation interiors including lie-flat Business Class, Premium Economy, and cutting-edge technology features. Read-Emirates SkyCargo launches new vertical: here are all the details With this addition, Emirates will offer 12 daily flights to London across three airports—Gatwick, Heathrow, and Stansted—providing more choice and flexibility for passengers, a Dubai Media Office report conveyed. Flight EK069 is scheduled to depart…
Image credit: WAM/Website Air Arabia Abu Dhabi has announced an increase in flight frequencies to Baku, Azerbaijan, and Tbilisi, Georgia, in response to growing demand for affordable and direct travel from the UAE capital to popular leisure destinations. Read-Air Arabia to increase flights to Bangkok The airline now operates six weekly non-stop flights between Abu Dhabi’s Zayed International Airport and Baku’s Heydar Aliyev International Airport. The new schedule includes flights every Tuesday through Sunday, offering greater flexibility for travellers visiting the Azerbaijani capital. Starting August 7, the airline will also ramp up services to Tbilisi International Airport to eight weekly…
Gulf Business is set to host its first-ever event in Saudi Arabia with the launch of the Saudi Business and Investment Summit, taking place on September 3, 2025, at the Sheraton Riyadh Hotel & Towers. As the Kingdom accelerates its economic transformation under Vision 2030, the summit will gather influential voices from government, private enterprise, and global institutions to explore the key drivers behind Saudi Arabia’s sustained growth. The event is designed to serve as a strategic platform for dialogue, knowledge exchange, and high-level networking around the evolving opportunities in the Saudi market. Register to attend: https://bit.ly/46TxMQwView the full agenda:…
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