04/06/2020
The meeting which was under the theme Global Partnership for Effective Development Cooperation was an important call from the Ministry of International Cooperation to bring forward a platform for discussion around immediate COVID-19 crisis response and se
04/06/2020
The UAE central bank has upped the ante against the financial impact of the coronavirus by introducing a new set of liquidity-boosting and capital preservation measures.
04/06/2020
The defendant was sentenced two years in jail followed by deportation.
04/06/2020
The UAE regulator said on Sunday it has halved banks' reserve requirements for demand deposits to 7% from 14%, which will inject about 61 billion dirhams of liquidity to support banks' lending and liquidity management.
04/03/2020
But views are mixed on whether the legislation should be delayed
04/03/2020
Liquidity and capital adequacy requirements for banks reduced, risk weighting for SMEs cut
04/03/2020
Redundancy and restructuring processes are sensitive and challenging topics in any jurisdiction.
04/03/2020
Some of the countries already specified by the World Bank as recipients of the coronavirus aid are Yemen, Lebanon, Egypt, and Morocco
04/03/2020
In such conditions, a legal ruling issued by a judicial system is incomprehensible and could only indicate that the court lacks any legal credibility and is only implementing orders and decisions from the Bahraini government’s political and security
04/02/2020
HCW was licensed in the Qatar Financial Centre (QFC) on February 4, 2015, as a trust administrator.
04/02/2020
The new rules, known as Circular 12, relate to life insurance and family takaful insurance will introduce a 4.5% commission cap on the sale of lump sum portfolio bonds or offshore bonds.
04/02/2020
The meeting took place under the chairmanship of H.E. Hareb Masood Al Darmaki, the Chairman of the Board.
04/02/2020
These measures implemented by Emirates NBD, Mashreq, Commercial Bank of Dubai, Dubai Islamic Bank, and Emirates Islamic will be available from 1 April to 30 June, 2020
04/02/2020
Alzarka said sectors such as automotive, aviation, retail and manufacturing are all looking for liquidity, often after having drawn down revolving credit facilities with banks.
04/01/2020
The latest step, unveiled two weeks after the central bank’s first round of emergency measures, amount to “Turkish QE
04/01/2020
Earlier this month, the central banks of the United Arab Emirates and Saudi Arabia, the two largest Arab economies, announced stimulus plans worth a combined $40 billion to ease the impact of the coronavirus outbreak in their respective countries.
04/01/2020
The DIFC will also allow deferred payments for all properties owned by DIFC Investments for a period up to six months
04/01/2020
Lenders have already rolled out initiatives to reduce the economic woes of clients struggling due to coronavirus measures
04/01/2020
The Turkish central bank has already stepped up its government bond purchases at a dramatic clip, propping up a market reeling from unabated capital flight and the prospect of increased borrowing needs.
03/31/2020
All but two of the 11 analysts polled thought the bank would keep rates steady at its regular monetary policy committee meeting on Thursday