Saturday 29 April 2017
 
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DFSA signs MoU with European authority

The Dubai Financial Services Authority (DFSA) and the European Securities and Markets Authority (ESMA) have entered into information sharing and cooperation arrangements regarding DIFC based central counterparties (CCPs) compliance with conditio

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Kleindienst awards $1.3bn The Heart of Europe contracts

Kleindienst, one of the biggest European real estate companies, has awarded construction projects worth Dh4.8 billion ($1.3 billion) for the development of The Heart of Europe, a giant project featuring a cluster of six islands on The World loca

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Etihad Aviation, TUI plan new EU leisure airline

The Etihad Aviation Group (EAG) Board has approved plans to create a new European leisure airline group in a joint venture with TUI AG, a Dutch charter airline.. The new airline group will receive a fleet of around 60 aircraft, of

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Renault sees end of diesel in its European cars

Renault expects diesel engines to disappear from most of its European cars, company sources told Reuters, after the French automaker reviewed the costs of meeting tighter emissions standards following the Volkswagen scandal. The s

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Opel Astra leads sales of European cars in Egypt

Opel Astra, a leading automaker, has maintained its position leading sales of European cars in Egypt between January and May, registering sales of 1,776 units worth EGP440.4 million ($49.5 million), said a report. Kia Sportage, ma

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Opel Astra leads sales of European cars in Egypt

Opel Astra, a leading automaker, has maintained its position leading sales of European cars in Egypt between January and May, registering sales of 1,776 units worth EGP440.4 million ($49.5 million), said a report. Kia Sportage, ma

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Spain lures Middle East expats

More number of Middle East's European expats are opting for multi stop summer holidays with Spain topping the list of preferred stop-offs in 2016, new data has revealed. According to Preferred Hotels & Resorts, there seems

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RAK to host European Golf Challenge Tour

Ras Al Khaimah will be the hosting of its first European Golf Challenge Tour event this October, the RAK Tourism Development Authority has officially announced. Following an MOU in 2015, RAK Tourism Development Authority officiall

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Mondelez seeks European cheese and grocery asset sale

Mondelez International is exploring a sale of its European cheese and grocery business, which could be valued at around $3 billion, according to people familiar with the matter, as it sharpens its focus on snack foods and refreshments.

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‘Grexit is unlikely to affect European equities’

European equities are set to remain positive on the outlook should an €86 billion bailout never happen, despite expecting near term volatility given the recent strength in markets, according to an expert.      T

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