02/07/2020
In order to gain access to the accounts of unsuspecting victims, the fraudsters impersonated banks and required customers to confirm personal details over the phone in order for accounts to be left active and open.
02/06/2020
It argued that, while there is no allegation that either customer engaged in criminal activity, the transactions presented a clear risk of money laundering or terrorism financing.
02/06/2020
The waived fees include those for medical training activities, schools awareness campaigns and entry fees to public libraries, among others
02/05/2020
More than 100 speakers will address 3,000 attendees later this month
02/05/2020
The decision will have negligible impact on the bank’s profitability, ADCB said in a statement
02/05/2020
The winners were announced at an evening ceremony on Wednesday 29 January at the Ritz-Carlton DIFC in Dubai.
02/05/2020
Rescue package needed ‘to restore confidence’ and kick-start major banking reforms
02/04/2020
It also claimed Azima, who runs a cargo airline with customers including the US Navy, orchestrated a 'campaign of denigration' against Saud bin Saqr Al Qasimi, the ruler of Ras Al Khaimah.
02/04/2020
The plan, approved by Berri today, provides between three and 100-day deadlines to carry out the policy proposals, forecasting a six per cent deficit, plans a $700 million reduction in spending, and intends to maintain public services.
02/04/2020
Withdrawal limits differ from bank to bank, but have so far generally been capped at around $1,000 a month, while most transfers abroad have been halted.
02/04/2020
Five-year unsecured financing can be raised to $600m
02/04/2020
A draft law in the United Arab Emirates will see more family-run corporates listing, while pension reforms will create a huge pool of investable assets.
02/04/2020
Junk-bond trader Paras Shah allegedly took food repeatedly from office cafeteria without paying
02/04/2020
Commercial Bank operates in retail and wholesale banking, and makes strategic investments through its associates and subsidiaries.
02/04/2020
The due diligence of BLOM Egypt requires the approval of the Central Bank of Egypt, which has not been discussed until now.
02/03/2020
For the purposes of the guidance, a ‘digital security’ is defined as types of digital assets that possess the features and characteristics of a security.
02/03/2020
FATF is an intergovernmental body established in 1989.
02/02/2020
Dechert partner denies High Court claim over ‘interrogation’ of emirate’s captive
01/31/2020
Under market rules and regulations, listed companies must immediately and without delay disclose such events to the market authority and the general public.
01/31/2020
Since then Turkey has continued to be problematic for HSBC, with currency volatility in the Turkish lira and a swathe of loan losses within the subsidiary.