UAE eCommerce sector to continue upward trajectory as digital payments boom during COVID-19
· 61% are now using cards or digital wallets more to make payments online instead of opting for cash on…
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Banks in Qatar investing heavily to ensure safe online banking
Banks in Qatar are at the forefront in deploying new and cutting-edge technology to ensure safe online banking with the…
FinTech Ripple chooses Dubai International Financial Centre for regional headquarters
Dubai International Financial Centre announced on Saturday that Ripple, the enterprise blockchain solution for global payments, has established its regional…
United Arab Emirates: Court allows late payment penalties on voluntary disclosures
In October 2020, the United Arab Emirates (UAE) Federal Supreme Court released a long-awaited decision on whether late payment of…
United Arab Emirates: Economic substance notification and report templates issued
On 22 October 2020, the United Arab Emirates (UAE) Ministry of Finance (MOF) released the much-anticipated economic substance (ES) report…
Using blockchain to leverage your digital assets
The transition from crypto assets to securities on the blockchain is becoming increasingly relevant for institutional investors. Digitisation of finance…
Amid Shuffle, Deutsche Bank Wealth Veterans Exit
Deutsche Bank's top private banker to wealthy Israelis as well as a veteran European market head are exiting, finews.com has…
Supporting business: More than 320,000 customers benefit from UAE Central Bank's TESS
The UAE Central Bank's Targeted Economic Support Scheme (TESS) liquidity scheme, which was rolled out to help businesses mitigate the…
Where tradition and innovation meet: Liechtensteinische Landesbank
Liechtensteinische Landesbank has been present in the UAE since 2005. In 2019, the bank’s Dubai office moved to the Dubai…
Central Bank emphasises impact of Mohamed bin Zayed’s constant support during COVID-19 crisis on UAE’s current economic recovery
The Central Bank of the UAE, CBUAE, emphasised the importance of the significant efforts of His Highness Sheikh Mohamed bin…
Abu Dhabi Commercial Bank centers its attention to local marketplace
Abu Dhabi Commercial Bank PJSC, which finalized a three-way union back in May, arranges to leave procedures in Qatar and…
Bahraini Court Fines Central Bank of Iran in Money Laundering Case
The Bahraini High Criminal Court has sentenced three Iran-owned Future Bank officials charged with financial crimes and money laundering to…