05/23/2019
UAE Monetary Base Up To AED386 B In April
The UAE monetary base increased to circa AED386 billion by the end of April, 3.5 percent up from AED373 bn one month earlier
05/23/2019
Banking law amendments for capital requirements could trigger profit retention, M&As: Pharos
Furthermore, the report indicates that if the law is approved, the CBE may give banks up to three years to comply and by that time, all banks under our coverage that fall below the require minimum would have already built an adequate capital base from pro
05/22/2019
The environment in Bahrain is changing, especially with the implementation of VAT earlier this year.
05/22/2019
Market participants are eager to see positive change in the industry – not least through more-balanced contractual relationships.
05/22/2019
Murrison and Adel also tackled developments and escalations in the Middle East during their meeting.
05/22/2019
The bankruptcy filing was seen as a key test of Saudi Arabia's new law for handling insolvency disputes
05/21/2019
The stories making headlines in the Star this morning.
05/21/2019
A few days before the referendum in 2016, Global Risk Insights published a list of four effects of Brexit on the Middle East and North Africa.
05/21/2019
Arian Bank was one of more than 50 Iranian banks hit with US sanctions in November
05/21/2019
Faced with unpredictable markets closer to home, businesses in Dubai are setting their sights on faraway Latin America
05/21/2019
Palestinian businessman Ibrahim Barham said he has received an invitation to participate in the workshop, adding that he will not participate without a national decision.
05/20/2019
The regulator said the decision will also ensure fairness and competitiveness of financiers and to maintain efficiency of procedures and mechanism in this regard.
05/20/2019
Under the current system, employees leaving a UAE-based organisation receive a gratuity payment after completing a minimum of one year of service.
05/20/2019
The secure, low-cost tool will help to streamline payment collection and provide customers with a convenient alternative to cash.
05/20/2019
The lender stated that the issuance will assist in adhering to its capital and long term liquidity regulatory requirements.
05/20/2019
The CBK has agreed with the banks that in order to enhance confidence in the stability of the banking system, it is important to raise the levels of cash in the ATM machines, in order to enhance the confidence of dealers in Kuwait, especially in light of
05/20/2019
Formerly known as 'Security Week,' Visa's 'Stay Secure' campaign in partnership with Dubai DED, now in its fourth year, promotes safe card usage of digital payments
05/20/2019
Qatar has since moved to liberalize its real estate sector, opening up new areas to foreign buying in a bid to boost demand.
05/20/2019
Sharjah bank's losses are about half of its subscribed capital of Dh3.18 billion
05/20/2019
Jafza said the move supports the UAE’s designation of 2019 as the ‘Year of Tolerance’