10/08/2024
The Power Purchase Agreements (PPAs) were signed by a consortium comprising of ACWA Power, PIF subsidiary Badeel and Saudi Aramco Power Company.
10/04/2024
The HKMA looks forward to working closely with the QCB to foster connectivity
10/04/2024
Dealings frozen over failure to meet mandatory biometric fingerprinting deadline
10/02/2024
The number of individuals visiting fingerprinting centers has significantly increased, with an average of 6,000 Kuwaitis per day, compared to the previously reported 600 daily.
10/01/2024
The UAE is an increasingly common jurisdiction for global asset management businesses seeking to capitalize on the benefits of the Gulf region.
09/30/2024
These developments reflect a robust economic landscape in the UAE, characterised by a solid banking sector and increasing investor confidence
09/27/2024
The bank's gold reserves surged slightly from $61.4 billion to $62.3 billion in the same period, according to the bank's weekly report on banking and money statistics.
09/25/2024
According to the financial statements, the bank’s total assets reached $107bln in December 2023
09/24/2024
As part of the Group’s dedication to fostering its leading role in social responsibility
09/24/2024
Move follows sixth consecutive decision to hold rates
09/20/2024
Move comes as inflation, though falling, remains above 50%
09/19/2024
Strictest regulatory framework in tandem with private sector partnerships are the cure.
09/19/2024
The UAE regulator reduced its base rate for the overnight deposit facility by 50 basis points
09/17/2024
The central bank directed the foreign bank to present the regulator’s action to its board of directors
09/12/2024
"Qatar represents 11.9% of the assets of the Arab banking sector achieving third rank among the Arab countries"
09/09/2024
The Central Bank of Oman’s latest bulletin reported a 2.3 percent rise in credit
09/05/2024
PMI rises above long-run average as growth of jobs and new orders strengthen
09/03/2024
The central bank reported a 31.1% increase in the “M1” money supply
09/02/2024
The framework also provides for the legal recognition of smart contracts.
09/02/2024
The IFIM Guide provides useful clarifications and examples on some of these conditions.