Business


Stagnating France, Italy want to spur spending

by Reuters
The European Union’s top economic official renewed calls on Berlin to act, saying that without investment the future was bleak for Europe’s biggest economy, even if it is stronger than most. Photo: Bloomberg file picture
Diplomats say the euro zone may be moving towards a bargain where France and Italy make new commitments to reform in return for more spending room in their budgets

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Oman's Ithraa explores opportunities with Tanzanian delegation
In line with Ithraa’s export and investment strategies, key industries were singled-out for discussion including building and construction, manufacturing, technology and agriculture.

Abu Dhabi state fund seeks hefty premium in Malaysian bank deal
Agreement to Aabar’s elevated valuation could increase the cost of the share swap for CIMB shareholders by at least 20 per cent, according to Reuters calculations

UAE Exchange’s global customer base hits 7.9 million
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UK growth slows as obstacles to recovery grow
Gross domestic product (GDP) rose 0.7 per cent in the three months through September, compared with 0.9 per cent in the second quarter, the Office for National Statistics said on Friday


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