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World climate change goal at risk, warns UNA global goal for limiting climate change is slipping out of reach and governments may have to find ways to artificially suck greenhouse gases from the air if they fail to make deep cuts in rising emissions by 2030, a draft UN report said. More… |
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Taking care of security risksAs global organisations extend their reach into the Middle East and North Africa, the security arrangements of expatriate staff and business travellers have become more sophisticated. The most i More… |
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Risk management ‘vital for bank boards’Risk management has become a top priority for bank boards in the wake of the ongoing financial crisis, said experts at a risk seminar in Bahrain. Most world markets and sectors continue to be adversely impacted, including the Islamic finan More… |
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Warba Bank appoints key officialsKuwait-based Warba Bank has announced the appointment of Basel Jassem Al Obeid as chief corporate banking officer and Feroz Noorani as chief risk officer. Al Obeid brings to Warba Bank over 25 years of experience, in which he previously he More… |
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UAE bank executives face 'fitness test'The United Arab Emirates central bank is preparing a test to determine whether senior executives in the country's banks and financial institutions have enough expertise to handle risks. 'This test is focused on ensuring that such o More… |
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Dubai-owned hotel denies bankruptcy riskTravelodge, the UK budget hotel chain owned by Dubai International Capital, said the company faced no bankruptcy risk and would soon be getting finance from two New York-based hedge funds for restructuring debt. Avenue Capital Group and G More… |
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Red meat lovers have more kidney cancer: studyPeople who eat lots of red meat may have a higher risk of some types of kidney cancer, according to a US study which was conducted on thousands of adults. Researchers writing in the American Journal of Clinic More… |
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One in 5 hit by diabetes in the UAEAround 800,000 people in the UAE (about 19.2 per cent of the population) are suffering from diabetes, according to a startling report released by International Diabetes Federation (IDF). On top of the alarming prevalence rates, an addition More… |
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China faces Europe risk says World BankChina's economy faces growing risks from Europe's sovereign debt crisis and from debt held by local Chinese governments, the World Bank said on Tuesday. However, it could engineer a soft landing by easing monetary policy, the bank said. More… |
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Cardiovascular patients need more treatmentPatients across the Gulf who are at high risk of developing cardiovascular disease need more aggressive treatment to mitigate these risks, such as treating high cholesterol levels, according to medical experts at the Pace event held recently. More… |
