Japanese shares climbed, with the Nikkei 225 Stock Average set to gain for a third day, as concern eased about Greece’s possible exit from the monetary union and U.S. data showed rising consumer confidence.
Nintendo Co., a gaming console maker that gets a third of its revenue from Europe, climbed 2.6 percent. Honda Motor Co. (7267), a car manufacturer that depends on North America for nearly half its sales, rose 1 percent after U.S. consumer confidence rose to the highest since 2007. Renesas Electronics Corp., the world’s biggest maker of automotive microcontrollers, sank 6.6 percent on plans to raise 100 billion yen ($1.3 billion) of capital.
UAE Central Bank supports m-Government
The Central Bank of the UAE has hosted a meeting in support of the m-Government initiative launched on the 22nd May, 2013.
The meeting was attended by Sultan Bin Nasser Al Suwaidi, Govern
National Bank of Kuwait (NBK) opened its new branch under the patronage of the UAE Central Bank
Sadara signs SR 39.37 bn funding agreements
Sadara Chemical Company (Sadara) yesterday announced the signing of a number of definitive financing agreements for an additional funding of approximately SR 39.37 billion ($ 10.5 billion). This mark
Abu Dhabi Ports Company (ADPC), a master developer and regulator of ports a
SABIC’s UK plant makes dramatic turnaround
After nearly 20 years of under-investment, SABIC UK Petrochemical’s ethylene liquefaction plant on Teesside has witnessed a dramatic turnaround and is on track to make productivity gains of more than