Eryani discusses with AEI officials Yemen situation and challenges posed by Houthi terror militia
Minister of Information, Culture and Tourism Muammar al-Eryani has met with officials from the American Enterprise Institute to discuss the situation in Yemen and the challenges posed by the terrorist Houthi militia.
Saudi and Turkish foreign ministers discuss promoting bilateral relations between the two countries
Saudi Foreign Minister Prince Faisal bin Farhan discussed with the Turkish Foreign Minister Hakan Fidan the bilateral relations between the two countries and ways to promote them.
Germany, Canada reiterate opposition to US tariffs.
Germany and Canada renewed today, Tuesday, their opposition to the tariffs that the new US administration began imposing on imports from abroad.
Saudi Al-Nasr beats UAE's Al-Wasl 4-0 in AFC Champions League Elite
Saudi Al-Nasr beat its guest, UAE's Al-Wasl, 4-0 in the match that brought them together at Al-Awal Park Stadium in Riyadh, as part of the seventh round of the AFC Champions League Elite 2024-2025.
Last Update: ،
2025/02/05
Time
07:48:57
Latest News:
Badhib: GDP declines 50 percent, inflation rises 200 percent due to Houthis' attacks on oil exports docks
Taiz Governor discusses preparations for 2025 fiscal year budget
Mahra Senior officials seek greater intervention by UNDP in fishery
Interior Minister Lauds Security Services' Efforts in Hadhramaut Valley
SPDRY participates in the 22nd meeting of Joint Technical Committee to identify Yemen's development needs ..
Latest News:
Badhib: GDP declines 50 percent, inflation rises 200 percent due to Houthis' attacks on oil exports docks
Taiz Governor discusses preparations for 2025 fiscal year budget
Mahra Senior officials seek greater intervention by UNDP in fishery
Interior Minister Lauds Security Services' Efforts in Hadhramaut Valley
SPDRY participates in the 22nd meeting of Joint Technical Committee to identify Yemen's development needs ..
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 -
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