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Lack of leadership in Lebanon has banks paying highest interest rates on deposits

Lack of leadership in Lebanon has banks paying highest interest rates on deposits

Lebanon’s banks are paying the highest interest rates on deposits in almost nine years as lenders seek to shore up their capital to cope with political uncertainty and the high borrowing needs of the government.

The weighted average rate on customer deposits in Lebanese pounds climbed to 6.71 percent at the end of May, the highest since December

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Dubai's Mashreq posts 5.2% rise in H1 net profit

Dubai's Mashreq posts 5.2% rise in H1 net profit

Dubai-based Mashreq Bank on Wednesday posted a 5.2 percent increase in net profit to AED1.2 billion for the first half of 2018 compared to the year-earlier period.

Operating ncome was up by 3.7 percent at AED3.1 billion while total assets increased by 1.4 perxent in the year to AED127 billion and loans and advances increased by 7.9 percent to

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Emirates wins Skytrax award for best inflight entertainment for 14th year

Emirates wins Skytrax award for best inflight entertainment for 14th year

Emirates has won the world’s best inflight entertainment award for the 14th year in a row at the prestigious Skytrax World Airline Awards 2018.

The airline also secured a service excellence award for best airline staff service in the Middle East this year, it said in a statement.

This year’s results were decided by more than 20 million customers a

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I do: Dubai wins bid to host world's biggest wedding summit

I do: Dubai wins bid to host world's biggest wedding summit

Dubai has been announced as the winner of a bid to host the 2019 edition of the biggest annual international gathering of destination wedding industry, the Destination Wedding Planners (DWP) Congress.

The emirate overcame competition from several countries to win the right to host the 6th annual congress, the premier business-to-business networking

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Deal signed to implement new health policy in Dubai schools

Deal signed to implement new health policy in Dubai schools

Dubai Health Authority (DHA) and the Knowledge and Human Development Authority (KHDA) have signed an agreement to help implement a new Dubai school health policy.

DHA has developed the five-year policy after extensive consultation with stakeholders with an aim to create a safe, healthy and motivating school environment for pupils.

The agreement

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About Us

Abatera Tours is an expert destination management company that covers all aspects of inbound tourism business including FIT Travel, Leisure groups and Meetings, Incentives, Conferences & Events (MICE)...

Our Location

Office No: 302 Wasel Business Centre
Near port Saeeed Etisalat Office Deira, Dubai.

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