Xinhua reported that China has no plan to introduce stimulus measures to support growth on the scale unleashed during the depths of the global credit crisis in 2008.
It said “The Chinese government’s intention is very clear. It will not roll out another massive stimulus plan to seek high economic growth.”
It added “Current efforts for stabilizing growth will not repeat the old way of three years ago.”
The story said “Pumping in government money to achieve growth targets is not sustainable and China will instead focus on encouraging private investments in railways, infrastructure, energy, telecommunications, health care and education.”
A Court Ruling In Favor Of Barwa
On April last year, Barwa Real Estate Group announced that a court ruling by Dubai International Arbitration Centre has been issued to obligate Barwa International Company and The Green City Compan
Doha Bank may sell bonds to raise capital
Qatar's Doha Bank could issue a capital-boosting bond instead of shares as planned, although it was evaluating the best route to help raise core capital, its chief executive said.
The Gul
NASDAQ Dubai welcomes EIFB as a member
Emirates Islamic Financial Brokerage (EIFB), one of the UAE's leading Shari'a compliant brokers, has become a Member of NASDAQ Dubai, the region's international exchange.
EIFB will focus
Regulations, lack of liquidity ‘hitting GCC IPOs’
Stricter regulatory scrutiny of companies with plans to list and a lack of liquidity in certain markets are the key factors responsible for the low volume of IPOs in the GCC in the last 12 months, ex