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Sunday 13 January 2019


 13/01/2019

Gulf Today

Companies in the UAE remained optimistic that business activity will continue to increase over the course of 2019, according to the release of December data from the Emirates NBD Purchasing Managers’ Index (PMI) for the UAE.

The survey, compiled by IHS Markit, contains original data collected from a monthly survey of business conditions in the UAE non-oil private sector.

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Zawya

The Islamic banking industry has shown a far higher level of resilience than conventional banking during international financial crises over the past two decades. I am proud to have been part of this journey. I started my career at the Saudi National Commercial Bank (NCB) almost 30 years ago, where I led the setting up of the country’s first trade finance (murabaha) fund.

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Arabian Business

Plans have been announced to set up a credit bureau in Oman following a deal signed between the country's central bank and Creditinfo Group.

The global credit information and fintech services provider said it has inked a partnership with the Central Bank of Oman to support the development, roll-out and management of a credit registry system.

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Zawya

United Arab Emirates Energy Minister Suhail al-Mazrouei said on Saturday he expects an average oil price of $70 a barrel in 2019 on the back of an agreement to cut output by OPEC and non-OPEC oil exporters.

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Page last updated : 16/01/2019 1:36 PM