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.
03/02/2020
Partnership aims to further support SMEs
03/02/2020
These initiatives revived the economy and ensured more private-sector participation in the overall development of the economy.
03/02/2020
Bond repayments are due and yet the government seems no closer to finding a solution
02/28/2020
This is because of its greater role in transforming the banking sector from its conventional channels to digital alternatives in banking.
02/28/2020
The CBK urged the customers to cooperate and comply with the banking instructions.
02/28/2020
Emirati banks received approximately 89.8 per cent of the total investments
02/28/2020
The financial sector in general and Islamic finance in particular remains one of the main pillars of the national economy as the country further strengthens its economic diversification strategy.
02/27/2020
The number of enforcement cases also rose 35 per cent to 251 with a total claim amount of Dhs2.6bn
02/27/2020
The agreement follows DIFC Authority and DIFC FinTech Hive's recent participation during the Singapore FinTech Festival
02/27/2020
The Central Bank of the Republic of Turkey is authorized to set the rates of the 51 fees listed in Annex I of the Communiqué.
02/27/2020
The Amendments re-determined bank’s risk groups to include the spouses and children of individuals previously listed in a relevant bank’s risk group.
02/27/2020
The Amendments limit the persons that can bid their shares in a tendker offer to existing shareholders by the tender offer’s public disclosure date, and prevent shareholders who acquired any shares between this date and the date of the tender offer