Al-Bakri seeks British support for youths programs
The Minister of Youths and Sports Nayef al-Bakri conferred today, Thursday, with the British Ambassador to the Republic of Yemen Abda Sharif over bilateral relations and cooperation.
Israeli aggression on Gaza leaves 51,065 people martyred and 116,505 others wounded
The Israeli occupation's aggression on the Gaza Strip since October 7, 2023, has so far left 51,065 Gazan martyrs and 116,505 others wounded.
Gold near highest record amid continued escalation of trade tensions
Gold prices continued to trade near an all-time high during trading, on Thursday, amid the continued escalation of global trade tensions, and ahead of the European Central Bank's decision on interest rates.
Napoli beats Empoli 3-0 to consolidate second place in Serie
Napoli defeated Empoli 3-0 in their Italian Serie A match, consolidating their second place in the standings.
Last Update: ،
2025/04/19
Time
11:41:03
Latest News:
US Treasury imposes sanctions on IBY bank for financing Houthi terrorist militia
Marib Governor's Deputy Meets with WFP Deputy Representative over Food Crisis Response
PM Emphasizes Role of Expatriates in Homeland Development
PM receives Resident Representatives of UNDP in Yemen
Vice Foreign Minister Discusses Developments in Hodeidah Governorate with Deputy Head of UNMHA
Latest News:
US Treasury imposes sanctions on IBY bank for financing Houthi terrorist militia
Marib Governor's Deputy Meets with WFP Deputy Representative over Food Crisis Response
PM Emphasizes Role of Expatriates in Homeland Development
PM receives Resident Representatives of UNDP in Yemen
Vice Foreign Minister Discusses Developments in Hodeidah Governorate with Deputy Head of UNMHA
UBS officially acquires rival Credit Suisse
[12/06/2023 08:38]
BERN-SABA
Swiss bank UBS announced Monday that it has formally completed its takeover of rival Credit Suisse in a $3.2 billion deal in March.
Newly enlarged UBS will have a balance sheet of $1.6 trillion and 120,000 staffs worldwide, yet UBS has already said it would cut jobs to take advantage of the synergies and cut costs
Swiss regulators played a key role in the takeover amid concerns that massive losses at Credit Suisse would destabilize the banking system.
The organizers said they would cover losses of up to 9 billion Swiss francs ($10 billion) after UBS incurred the first 5 billion Swiss francs as part of the deal.
Swiss bank UBS announced Monday that it has formally completed its takeover of rival Credit Suisse in a $3.2 billion deal in March.
Newly enlarged UBS will have a balance sheet of $1.6 trillion and 120,000 staffs worldwide, yet UBS has already said it would cut jobs to take advantage of the synergies and cut costs
Swiss regulators played a key role in the takeover amid concerns that massive losses at Credit Suisse would destabilize the banking system.
The organizers said they would cover losses of up to 9 billion Swiss francs ($10 billion) after UBS incurred the first 5 billion Swiss francs as part of the deal.
Key words:
destabilize - SABA Swiss - regulators - organizers - completed - synergies - Swiss - worldwide - Newly - advantage -
Gold near highest record amid continued escalation of trade tensions
Oil rises, boosted by new tariff exemptions
China's autos industry grows in 1Q 2025
Canada begins imposing tariffs on US auto imports of 25 percent
Germany: New US tariffs an attack on the global trading system
Japan's industrial output grows 2.4 percent
Spain's public deficit amounts to 2.8 percent in 2024
Global energy demand up 2.2 percent in 2024
Eurozone annual inflation falls to 2.3 percent
QCB's foreign exchange reserves rise 3.81 percent
