CEO of ailing Cyprus bank slams government Plan B
Nicosia - AFP
The chief of ailing Cyprus Popular (Laiki) Bank, the island's second largest, Friday slammed the government's "Plan B" to win an EU bailout, saying an earlier plan to tax deposits would have been preferable. "Although we knew the gravity of the situation, and the initial proposal of the Eurogroup was painful, it ensured the future of the banking sector," Takis Phidias told state radio. The original terms of a rescue plan for Cyprus proposed by the troika of international lenders would have slapped a levy of up to 9.9 percent on bank deposits. It was overwhelmingly rejected by parliament, leaving the government scrambling to put together a Plan B.
- Friday ,16 November GMT 15:05 2018 World Bank Regional Vice President First Visit to West Bank and Gaza
GMT 14:08 2018 Friday ,14 December
Bank of Russia raises key rateGMT 13:23 2018 Thursday ,13 December
Philippine central bank holds overnight borrowing rate steadyGMT 11:33 2018 Tuesday ,11 December
Top EU court backs legality of ECB bond buyingGMT 20:46 2018 Wednesday ,05 December
World Bank funds water projects in North Kordofan StateGMT 15:06 2018 Friday ,30 November
Egypt, World Bank seek cooperation in solid waste recyclingGMT 12:21 2018 Wednesday ,28 November
BisB silver partner of World Islamic Banking ConferenceGMT 09:19 2018 Thursday ,22 November
AIIB Jin Liqun praises Suez Canal projectsGMT 15:05 2018 Friday ,16 November
World Bank Regional Vice President First Visit to West Bank and Gaza
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
GMT 02:17 2017 Wednesday ,23 August
Doctors serving at MER-C hospital in Rakhine to study
GMT 18:35 2017 Saturday ,25 March
UAE joins world in marking Earth Hour on 25th March
GMT 19:42 2016 Tuesday ,27 September
Finnish trade minister: We are keen on promoting economic ties with Egypt
GMT 12:17 2017 Thursday ,09 November
Sudanese-Mauritanian Higher Committee's Meetings start
GMT 09:41 2017 Thursday ,06 April
Shares in First Abu Dhabi Bank surge
GMT 08:55 2017 Monday ,13 February
Emirati businessman pays Dh31million for Abu Dhabi Number 1 car plate
GMT 22:42 2017 Thursday ,30 November
Dubai Chamber to host International Conference tomorrow launching
GMT 07:53 2017 Monday ,15 May
Mercedes-Benz Oman unveils new school bus
GMT 07:41 2017 Friday ,13 October
Global economy chiefs told to reform while going is good
GMT 13:06 2017 Saturday ,25 March
UN Special Coordinator, considers all Israeli settlement illegal
GMT 05:02 2018 Tuesday ,02 October
Macedonia’s name change referendum declared void
GMT 13:33 2016 Monday ,27 June
London estate agent Foxtons issues post-Brexit profits warning
GMT 16:36 2017 Wednesday ,27 December
Muscat bourse gains on recovery in oil prices
GMT 06:52 2017 Sunday ,12 March
World Bank Approves $150 Million Loan to Support Entrepreneurship in Morocco
GMT 21:24 2017 Tuesday ,14 February
Germany wants Greece to stay in euro zone
GMT 03:54 2017 Saturday ,09 December
7 people dead in Russian house fire
GMT 16:43 2017 Monday ,10 April
France expels Egyptian-born Swiss imam from country
GMT 14:50 2017 Sunday ,19 November
Premier stresses Bahrain-US strategic partnership
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