US stocks closed lower on Wednesday after the Federal Reserve kept monetary policy unchanged - a widely expected move that nevertheless disappointed those hoping for a sign of new economic stimulus.
All eyes have turned toward Europe, where the European Central Bank holds its policy meeting Thursday under pressure to take further action to quell the eurozone sovereign debt crisis and spur stuttering economic growth.
After scoring moderate gains, the equity markets headed slightly south following the Federal Open Market Committee's (FOMC) announcement of no fresh action to boost the slowing economy.
Emirates opens refurbished lounge at Paris airport
Emirates, has inaugurated its refurbished Paris Charles de Gaulle Lounge for First Class and Business Class passengers as well as Platinum and Gold members of Emirates Skywards - the airline’s freque
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FGB 3rd most powerful UAE firm: Forbes
First Gulf Bank, or FGB, has been recognised as the third most powerful company in the UAE and the sixth leading bank in Forbes’ Top 500 in the Arab World list.