Most Asian currencies slipped, with the Indonesian rupiah down nearly 0.2% and leading losses
asia1 hour ago
A year-on-year increase in gross income resulting from continuing improvements across GIB's principal business activities was offset by an increase in operating expenses attributable to adverse exchange rate movements and higher performance-related remuneration.
Net interest income at $70.1 million was $14.3 million or 26 per cent up on the prior year period. This was principally due to continued growth in the Group's GCC lending activity and the benefit derived from a higher interest rate environment. Fee and commission income at $17.0 million was 8 per cent up on the prior year. Fee and commission income represents an important and growing contributor to the Group's earnings. The year-on-year increases in the strategically important interest and fee income categories offset decreases in trading income and profits on available-for-sale securities. Trading income and profits on available-for-sale securities were at exceptionally high levels in the first quarter of the prior year.
Most Asian currencies slipped, with the Indonesian rupiah down nearly 0.2% and leading losses
asia1 hour ago
The fleet includes stainless-steel tankers, which are equipped with an operating box or pump room installed at the rear of the vehicle instead of at the bottom of the tankers. This change in the location of the operating box helps to facilitate safer operations
kt network2 hours ago
The airline will refurbish another 43 A380s and 28 Boeing 777
uae2 hours ago
Yellow metal prices retraced from earlier gains following the release of the US April employment report
markets2 hours ago
New investment adds to the S$11.5 billion the company has poured into the Asia Pacific Region until 2023
tech3 hours ago
Safety experts have said the problems at the company suggest significant safety culture defects that will not be turned around quickly
world3 hours ago
'Aquarabia' will offer extreme watersports zone dedicated to rafting, kayaking, canyoneering, free solo climbing and cliff jumping and more
gulf3 hours ago
From street food vendors to mid-market restaurants, people have a wide range of options
uae4 hours ago