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HSBC urges regulators to speed up reformsHSBC called on regulators to speed up industry reform as its shareholders urged Europe's biggest bank to take a lead in cutting pay and criticised it for compliance failings and aiding tax avoidance. HSBC chairman Douglas Flin More… |
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G7 finance chiefs to discuss bank reform pushSome of the world's most powerful finance chiefs will meet in an English stately home on Friday and Saturday to try to speed up banking and finance reforms, with Cyprus' near meltdown fresh in their minds. Finance minister More… |
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Jordan's king swears in new reformist govtJordan's King Abdullah swore in a reformist government on Saturday tasked with pushing through austerity measures required under a loan agreement with the International Monetary Fund. The ca More… |
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Key reforms boost Dubai investor confidenceDubai’s bid to attract investment for its dedicated free zones as part of the emirate’s diversification efforts is mapped out in a newly-published investment guide produced by the global publishing, research and consultancy firm Oxfo More… |
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Egypt's govt 'nearing end of the road'To his critics, Ahmed Shafik is a typical autocrat consigned to history's dustbin by the Arab Spring - a military man turned politician who ended his career amid corruption allegations and fled to the Gulf. To his friends - an More… |
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UN endorses Bahrain’s reforms pushUnited Nations Secretary-General Ban Ki-moon welcomed Bahrain's reforms as he held talks with HRH Prince Salman bin Hamad Al Khalifa, Crown Prince and Deputy Supreme Commander, on the sidelines of a global summit in Kuwait. He More… |
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Morocco in subsidy reforms pushMorocco is prepared to start reforming its expensive system of subsidies for food and energy in June if a political decision to do so is taken, the minister in charge of the issue said. State subsidies on food and energy shot up t More… |
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Bahrain wins UN seatBahrain’s nominee Amal Salman Al Dossary won a seat on the UN Committee on the Rights of the Child for the term 2013-17 during an election at the United Nations headquarters in New York yesterday. This follows continued efforts by More… |
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ECB urges key reforms pushEuropean Central Bank (ECB), poised to take over supervision of the region's banks, said there was no room for complacency following early signs of easing strain on financial markets and urged governments to push ahead with reforms. More… |
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Cash crisis, Arab ferment threaten Jordan's stabilityViolent protests that shocked Jordan this month have mostly subsided, but unprecedented chants for the "fall of the regime" suggested a deeper malaise in a kingdom so far spared the revolts reshaping the Arab world. Ange More… |
