Three Abu Dhabi lenders agree to merge, creating a $114 billion bank
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UAE firms tie up in three-way mega merger to create $114 billion banking giantThe deal, confirmed at the close of trade on Tuesday, marks the second bank tie-up in Abu Dhabi in recent years and follows a wave of consolidation efforts in the sector.
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The Latest: Philippine church bomb death toll rises to 27MANILA, Philippines (AP) — The Latest on a bomb attack targeting a church in the southern Philippines (all times local): 2:50 p.m. The death toll in the bombing of a cathedral on a southern Philippine island has risen to 27 with 77 others wounded. According to the latest tally provided by regional police, the dead included 20 civilians and seven troops. The wounded included 14 troops, two police and 61 civilians. Security officials say the first bomb went off in or near the Jolo cathedral during Sunday Mass, followed by a second blast outside the compound as government forces were responding to the attack. The government says in a statement it will pursue the attackers 'until every killer is brought to justice and put behind bars. The law will give them no mercy.' Jolo Island has long been troubled by the presence of Abu Sayyaf militants, who are blacklisted by the United States and the Philippines as a terrorist organization because of bombings, kidnappings and beheadings.
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