Saudi regulator proposes giving shareholders more say over loss-making firms and boards
Saudi regulator proposes giving shareholders more say over loss-making firms and boards
Business
UAE Treasury Sukuk, bonds auction brings bids worth Dh4.54 billion
The transaction is part of the T-Sukuk issuance programme for 2026, as published on the MoF’s official website
Business
China’s Factory Activity Shrinks in October, Third Contraction in Four Months
China's factory activity dropped in October, its third contraction in four months, a government survey showed on Saturday, hurt by soft demand goods at home as well as signs of weakness in exports. Economists called on the government to do more to support growth after the figures, which highlighted how exports, which have powered higher for much of this year, may not have sufficient strength to offset long-stagnant consumer spending.
Business
15% Capital Requirement Complicates Restructuring of Lebanese Banks
Talks that concluded in Paris on Thursday between Lebanon’s central bank, the Banking Control Commission and representatives of Lebanese banks revealed persistent differences over banking sector restructuring and the distribution of losses, as the International Monetary Fund (IMF) insists on a 15% capital adequacy ratio for banks seeking to remain operational, to be achieved within five to seven years.