Tag: UK
UK Government Borrowing Reaches World War II Level Highs
In a groundbreaking revelation, the UK Government’s borrowing – the difference between income from taxes and government spending, has hit 14.5% of the GDP,...
ASGC has become the largest shareholder in Costain
ASGC, the largest construction firm headquartered in Dubai, UAE, has confirmed that it will buy a 15 percent interest in Costain, the UK-based construction...
UAE Passport Biggest Climber on Henley Passport Index
The UAE passport continues to be the biggest climber on the Henley Passport Index, soaring to 47 places over the past decade to bag...
UK’s Boris Johnson In Intensive Care As Coronavirus Symptoms Worsen
The United Kingdom’s Prime Minister Boris Johnson has been taken to intensive care in St Thomas Hospital after his coronavirus (Covid-19) symptoms worsened, Downing...
FAB’s First GBP450mn Bond Is Also Largest-Ever Issuance From Region
First Abu Dhabi Bank (FAB) has issued bonds worth over AED 3 billion via two separate public issuances in three days, marking its first-ever...
Markets Rejoice as Boris Johnson Takes Charge of UK Economy Ahead of Brexit
Days to Brexit: 47
What’s Happening? After winning a stunning majority, Prime Minister Boris Johnson can free himself from almost four years of gridlock.
Johnson urged Britons...
UK, Chinese visitors top list as 50,000 have a Saudi holiday
(Bloomberg) -- Saudi Arabia’s embryonic efforts to turn the kingdom into a magnet for holidaymakers attracted 50,000 visitors since the September launch, and almost...
Shoppers to shrug off retail blues in holiday festive spree: Survey
(Bloomberg) --There may be cause for some festive cheer in the dismal world of U.K. retail, according to research from Accenture.
A survey of 1,500...
MASS supports Oman’s National Defense College strategy course
UK-based defence technology and training company MASS supported the final decision-making
exercise for the National Defense College (NDC) in Oman recently – the sixth year...
UAE-based Masdar adds fuel to power UK’s green technology fund
Masdar, the UAE-based clean energy company, has invested £70mn ($86.3mn) in a new fund to grow green technologies in the United Kingdom, according to...