Saturday 29 November 2014
 
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European

Asry enters into negotiations with European fleets

Asry, a leading Bahrain-based rig and ship repair yard, has entered into new negotiations with several European fleets. The company said it has seen several new business prospects come online as a result of exhibiting at SMM Hambu

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Asry eyes more business from European firms

Bahrain-based leading ship and rig repair yard Arab Shipbuilding & Repair Yard Company (Asry) is eyeing more repair and maintenance business from European shipping companies. This follows a visit by a delegation from one of Eu

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MBC eyes European football leagues coverage rights

Dubai-based MBC Group is eyeing rights to cover European football leagues as part part of its most recent expansion which included the launch of four sports channels. Sheikh Waleed Al-Ibrahim, chairman, said the group is consideri

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Barclays 'to cut thousands of jobs'

Barclays is planning to axe thousands of jobs in a radical shakeup of its investment banking division and may replace the European and US heads of the unit, the Financial Times reported, citing sources. The job cuts are expected t

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Mideast SWFs invest in European industrial market

The European industrial and logistics real estate market saw more investment from sovreign wealth funds (SWF) in the Middle East, said a report. It has attracted more than 14 billion euros ($19.1 billion) of investment in 2013, th

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European Magazine honours Mena firms

Paris Sorbonne University Abu Dhabi won the Mena Education Provider of the Year 2013 award by The European Magazine. The awards acknowledges businesses and organisations that develops and advances the regional economy with several

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UAE consumers 'prefer European-made medicine'

UAE consumers increasingly prefer European-produced imported medicine for their high quality and competitive price, according to a 2013 pharmaceutical industry report. The report from investment bank Alpen Capital stated that betw

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European car market grows 5pc in July

Europe's ailing car market grew in annual terms for only the second time this year in July, supporting hopes of a much-needed stabilisation in the second half of 2013. Registrations of new cars in Europe rose 4.8 percent compa

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Europe to cut the cost of paying by card

The European Commission proposed on Wednesday to cap fees banks charge when processing card payments, potentially cutting costs for shoppers. The draft legislation will also prevent companies such as airlines, for example, from im

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Europe to cut the cost of paying by card

The European Commission proposed on Wednesday to cap fees banks charge when processing card payments, potentially cutting costs for shoppers. The draft legislation will also prevent companies such as airlines, for example, from im

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