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UAE Banks Surge In Wake Of Economic Recovery

UAE Banks Surge In Wake Of Economic Recovery

February 12, 2014 12:39 pm

United Arab Bank and National Bank of Fujairah recorded annual profit as their loan books were bolstered by a turnaround in the economy. The two are among the first lenders to report their annual earnings. Standard & Poor’s Rating Services said this week, the economic recovery, which started in earnest last year amid rebounding property […]

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Osborne Renews Attack on European FTT

Osborne Renews Attack on European FTT

February 12, 2014 12:37 pm

George Osborne, UK Chancellor has warned that a European FTT (Financial Transaction Tax) would be expensive and ruin jobs. While speaking this week at the Open Europe Conference , Osborne contented there are not, if fact, “two debates” on the EU (European Union), but one, which encompasses questions of sovereignty , democracy, accountability , and […]

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Malta Government Debt Up To 76% In 2013

Malta Government Debt Up To 76% In 2013

February 12, 2014 12:36 pm

Euro area government debt down to 92.7% of GDP, EU28 up to 86.8% of GDP At the end of the 3rd quarter of 2013, the government debt to GDP ratio in the euro area (EA17) stood at 92.7% , in comparison to 93.4% at the end of 2013’s second quarter , the first fall in […]

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ISPs Reject UK Move Against Offshore Gambling

February 11, 2014 10:51 pm

ISPs () in the United Kingdom have rejected a request from the government to display warnings to web users who make attempts of viewing poker sites whose operation is in offshore jurisdictions. The Gambling Commission of the UK met with some of the major British broadband providers last week to ask them to warn their […]

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