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Ireland's credit rating reduced
CREDIT RATINGS Ireland credit rating reduced Ireland joined Portugal and Greece as the third euro-area nation to have its credit rating reduced to below investment grade as European Union finance ministers...
EFSF established as Malta reduces its exposure to Greek bailout
Malta yesterday drastically reduced its exposure to the Greek bailout by approving the setting up of the European Financial Stability Facility ( EFSF ) mechanism, which replaces the emergency bilateral...
Tanzania: Mkulo - We'll to Turn to Alternative Energy Sources to Reduce Power Shortage
Tanzania will soon start using solar energy as a source of power in areas that do not access electricity, the minister for Finance and Economic Affairs, Mr Mustafa Mkulo, has said.
Interest-rate rise 'would see flood of house repossessions'
FINANCIAL experts believe there could be a "tsunami" of house repossessions when interest rates begin to rise.
United Arab Bank Awarded 'Best Trade Finance House' for the Second Year
Sharjah, UAE: United Arab Bank United Arab Bank ( UAB UAB ) has been awarded 'Best Trade Finance House Finance House ' in the MENA region, for the second year in a row, by The Banker Middle East, the...
UK household finances suffer steepest decline since recession as more borrow to pay bills
Britons' finances have suffered their steepest decline since the recession in June as people loaded up with more debt to finance the rising cost of living, according to Markit's monthly household finance...
Gulf Finance House to work with Wadhwa
Dubai: Bahrain-based Gulf Finance House Gulf Finance House said it has signed a partnership agreement with Indian developer Wadhwa Group to build infrastructure of the bank’s Energy City Navi Mumbai...