03/06/2020
The commission director for public relations Pranab Kumar Bhattacharjee said that the commission’s investigation found that the money was siphoned off to the UAE by two business firms.
03/06/2020
Middle East businesses reported that customer fraud and procurement fraud are the most disruptive of all economic crimes.
03/05/2020
Number of real estate transactions increased by 6.4% in 2019
03/05/2020
The UAE central bank said its repo rate for borrowing short-term liquidity had also been cut by 50 bps.
03/05/2020
It also cut the overnight deposit rate to 1.5% from 2%
03/05/2020
War and revolution have shaped the Middle East’s recent history and have left their mark on the banking sector.
03/05/2020
As Lebanon's financial crisis drags on and government revenues dwindle, the bill to rescue the country is rising.
03/05/2020
The launch of the Fintech Committee and Consumer Protection Committee increases the number of federation’s technical committees to 22.
03/05/2020
The UAE's largest lender traded ex-dividend.
03/04/2020
Rates applied to issuance of Certificates of Deposits drops 50 basis points
03/04/2020
Senior citizens, minors and those suffering from respiratory diseases are allowed not to attend congregational prayers
03/04/2020
Assessment of VAT impact requires data of three to five years, says minister
03/04/2020
Further investigations found the bank, acting under the direction of Bank Saderat and Bank Melli, to have executed thousands of international financial transactions worth $7 billion while concealing the involvement of Iranian entities.
03/04/2020
Recovering billions from loan defaulters no cakewalk even after new civil procedure
03/03/2020
The Platform is hosted by the DFSA and is managed and operated by an independent consultant.
03/03/2020
Collaboration is crucial in enabling the DFSA to maintain the integrity, efficiency and financial stability of the Financial Services industry in the Dubai International Financial Centre.
03/03/2020
The new facility is composed of two tranches, including a $650mln Murabaha and a $150mln revolving standby credit facility
03/03/2020
The International Monetary Fund last year had forecast 2020 growth of 2.5% for the United Arab Emirates.
03/02/2020
The country is a regional business hub and major transit point for passengers travelling to China and other destinations in Asia.
03/02/2020
The signing ceremony was held in the presence of Edamah's Chief Executive Officer (CEO) Mr. Amin Alarrayed and the CEO of Bahrain Development Bank Group, Mr. Sanjeev Paul.