09/30/2019
The central bank said that the objective of introducing this regulation is to put in place a framework for licensing, regulating and monitoring loan-based Crowdfunding Platforms.
09/27/2019
QNB, which received approval for the branch from the Hong Kong Monetary Authority, said it would provide a full range of banking products and services and that the launch was part of an international expansion plan to establish a foothold in key markets l
09/27/2019
Besides its remarkable activity in welcoming visitors as well as local and foreign delegations, especially investors wishing to familiarise themselves with the investment horizon in the Emirate, DLD, through its different sectors and departments, signed n
09/27/2019
Some banks will accept the digital authentication system by early October
09/27/2019
The Arab world’s most populous nation has been determined to bring inflation under control after it devalued the currency by half in 2016
09/26/2019
Banking Supervisor Hedva Ber describes how she’s injecting competitive spirit into a financial sector with socialist roots.
09/26/2019
The cases covered 75 men and 86 women in Sharjah
09/26/2019
Step taken in order to implement and follow up the policy of Kuwaitization
09/25/2019
The agreement with Anglo-Gulf Trade Bank provides for the supply of the above mentioned TAS platforms, delivered in the cloud through Microsoft Azure, a SWIFT-certified Service Bureau run by TAS for a period of three years and a system integration service
09/25/2019
The ECB in particular has eased aggressively, lowering its deposit rate by 10 basis points to a record low of -0.5%.
09/25/2019
Spoofed email trick customers of Dubai-based company into transferring £42,000 overseas
09/25/2019
The bonds and related tawarruq are offered by the CBK to regulate liquidity in the market
09/24/2019
In a bid to boost Bloomberg's editorial reach in the region the media giant launched a studio in QFC.
09/24/2019
The case against Küveyt Türk is one of many seeking to “bring justice against international banks that have provided material support to or aided and abetted terrorist organizations,” the press release said.
09/24/2019
The issuing bank or the guarantor has distinctive obligations as that of the principal debtor.
09/24/2019
He said the global economy was facing intensifying headwinds, and the financial industry was at a cross-roads which required exploration of new service methods.
09/24/2019
Through the partnership with UBF, FinTech AD serves to provide a platform for UBF members to accelerate and showcase their digital transformation agenda and initiatives.
09/23/2019
The global economy is chugging along, but the picture from the US is mixed and China continues to slow down, meaning that investors need to think very carefully about how they position portfolios.
09/23/2019
They included a cut in policy rates, the reinstitution of large scale net asset purchases or quantitative easing, more attractive 'targeted longer-term refinancing operations for banks, and stronger forward guidance signs to investors.
09/23/2019
To prevent the economy from further decline, a strong stimulus in the form of a corporate tax cut for all domestic companies from 34.9 per cent to 22 per cent (without exemptions and incentives) has been announced by the Finance Minister.