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UniCredit net profit hits $588mUniCredit yesterday reported a bigger than expected net profit in the first quarter thanks to lower bad debt provisions, a sign there might be light at the end of the tunnel soon for Italy's biggest bank by assets. UniCredit&# More… |
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Drydocks World in Italy services tie-upUAE-based shipyard Drydocks World has entered into a framework agreement with Italy’s Rina Group for supply of certification and engineering services. Under a memorandum of understanding (MoU) signed in Rome today (May 9), D More… |
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Italian fashion brand opens UAE storeGolden Point, the international Italian clothing brand, represented exclusively in the UAE by H2 Fashion, has launched its first Abu Dhabi store in Al Wahda Mall. Th More… |
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Qatar group plans construction JV with SirtiTop Qatari business conglomerate Ghanim Bin Saad Al Saad & Sons Group (GSSG) has joined hands with Italy's Sirti, a leading technology company in the design and implementation of network infrastructures and system integration, to set up More… |
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Italy court orders Amanda Knox retrialItaly's top court on Tuesday overturned the 2011 acquittal of American student Amanda Knox and former boyfriend Raffaele Sollecito for the murder of Briton Meredith Kercher, and ordered a retrial. More… |
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Brent below $114 on Italy vote uncertaintyBrent crude futures fell by more than a dollar to one-month lows below $114 a barrel on Tuesday, hit by worries over demand growth as a potential political vacuum in Italy revived fears over instability in the debt-plagued euro zone. More… |
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Centre left takes strong lead in Italy electionThe centre left is strongly leading in Italy's election, raising the chances of a stable pro-reform government in the euro zone's third largest economy, according to two telephone polls published after voting ended. More… |
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Hoping for answers to three big questionsThis week should bring clarity on three major issues hanging over the world economy: might the Federal Reserve withdraw monetary stimulus sooner rather than later? Will Italy elect a stable, reform-minded government? Will Japan More… |
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Italian fashion brand to design Damac projectsDamac Properties, one of the largest luxury private developers in the Middle East, has announced a regional strategic tie-up with luxury global brand Fendi to provide interior designs on its projects in Riyadh and Dubai. As part o More… |
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Drydocks in floating storage unit successDubai's ship building unit Drydocks World has announced the successful completion of the floating storage and regasification unit (FSRU) for Italy's OLT Offshore LNG Toscana. OLT Offshore LNG Toscana, a joint venture betwe More… |
