05/03/2020
In a Mastercard global consumer study, seven in 10 in the Middle East & Africa say they use contactless payments
05/01/2020
The study presents several scenarios
05/01/2020
More than any of its rivals, the Gulf carrier relied on luxury-conscious customers to fuel profits.
05/01/2020
When they begin flying, the longer-range Dreamliners will include an 'evolved' version of Qatar Airways' Qsuite business class.
05/01/2020
The UAE banking sector has acted quickly to provide essential support towards the banks and the customers with various relief and stimulus measures amounting to more than $70 billion, executed in line with regulatory guidance.
05/01/2020
Finablr investigation finds $1.3b in such loans which were later diverted
04/30/2020
76.3% of respondents work as well or better at home, with 42% saying that they are just as productive working at home as they are in the office.
04/30/2020
Despite unprecedented stimulus, credit profiles are expected to weaken
04/30/2020
Islamic stocks were seen gaining slower than the other indices on the market, where local retail investors were increasingly net sellers and foreign funds turned bearish.
04/30/2020
Dubai’s reliance on real estate, transportation and tourism makes the Middle East business hub the most exposed to the impact of coronavirus.
04/30/2020
Holmes added that the gold miners should also perform exceptionally well during periods of upward bullion price movements.
04/30/2020
Akbank provides mostly banking services, but it is also active in the insurance sector through its branches Ak Insurance and AvivaSA Pensions and Life Insurance.
04/30/2020
The UAE has tightened financial regulations in recent years to try to overcome a perception among some foreign investors that it is a hot spot for illicit money.
04/30/2020
GCC countries announced monetary, fiscal and macro-prudential stimulus measures dwarfing any previously seen in the region.
04/30/2020
The main component of the FATF mutual evaluation report deals with the effectiveness of the systems the UAE has developed and, in that regard, the country is often found wanting.
04/29/2020
Capital Intelligence noted the bank has good liquidity, and enjoys strength in the retail sector, and most of the bank’s deposits are from the local market, even as non-domestic deposits make up a minimal share.
04/29/2020
Dubai’s reliance on real estate, transportation and tourism makes the Middle East business hub the most exposed to the impact of coronavirus in the United Arab Emirates, according to Moody’s Investors Service. “The coronavirus outbreak
04/28/2020
KPMG in Saudi Arabia has published its analysis of COVID-19 impact on the banking sector and the potential countermeasures to cope with the new normal, based on the results of a high-level survey and discussions with C-suit executives in the sector.
04/27/2020
In response to the outlook change, the Ras Al Khaimah government said it was in a strong fiscal position to weather global economic conditions.
04/27/2020
The exposures to problem companies are unlikely to lead to complete write-offs of the loans.