05/27/2021
NMC's administrators Alvarez & Marsal filed a suit in ADGM courts last month to obtain power over those securities, claimed by Dubai Islamic Bank, and possibly to use them to pay other creditors.
05/27/2021
Saudi Central Bank says possible coverage would remain for the duration of a visit to the Kingdom
05/27/2021
Emadi had been minister of finance in the wealthy Gulf Arab state since 2013
05/27/2021
The apex bank has partnered in this campaign with the Kuwait Banking Association and all Kuwaiti banks to raise financial awareness in the country.
05/27/2021
The central bank’s foreign assets increased 0.4 per cent year-on-year
05/26/2021
The quality of service and client satisfaction are critical aspects of our business
05/26/2021
NMC ran into trouble last year after the disclosure of more than $4 billion in hidden debt
05/26/2021
GCC states have shown spending restraint in response to oil price decline and COVID
05/26/2021
It will be the first global fund dedicated specifically to supporting global tourism growth
05/26/2021
eXtra said the approval comes in line with the company’s strategy to offer a complete set of solutions in Sharia-compliant consumer finance to reach to a wider customer base
05/25/2021
According to a report by Financial Times, funds raised through future sale of Saudi Aramco shares will go to PIF
05/25/2021
The plan would involving releasing $50,000 per depositor, of which $25,000 would be cashed out in dollar bills and the remaining $25,000 in Lebanese pounds at the market price.
05/21/2021
The DIFC Court also has a ‘conduit’ role to play in facilitating the enforcement of English court judgments before the onshore Dubai courts.
05/20/2021
It will no longer be a requirement to have a local sponsor/agent
05/20/2021
The grace period for compliance with the OBF ended on April 30 this year
05/20/2021
Discover, Diners Club International and network alliance cardholders will be able to use their cards for the first time in Bahrain through this strategic alliance.
05/20/2021
Qatar sued Banque Havilland in London in 2019, accusing the lender of leading a financial attack with the aim of destabilizing the Qatari riyal
05/19/2021
It will advise retail clients on onshore and offshore products
05/19/2021
Deliberations are ongoing and there is no certainty that a deal will proceed, said the people.
05/19/2021
The revoking of the licence related to the Decretal Federal Law No. (25) of 2020, which broadly covers standards of supervision and regulation across the sectors which the central bank regulated including banking, insurance, money exchangers and payment s