Central Bank of Egypt sets up EgyCash company for money transfers
The Central Bank of Egypt has announced the establishment of the company EgyCash company for technological solutions for monetary dealing.…
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IMF eases back on forecasts for Saudi Arabia's economic slump
The Gulf's largest economy will contract sharply this year due to the impact of the coronavirus pandemic but the extent…
VAT will shore up Oman’s economy
Economic analysts in Oman have welcomed the decision to impose Value Added Tax (VAT) in the Sultanate, as it will…
Managing the Crisis: Financial restructuring from a tax perspective
As the COVID-19 pandemic continues to bring unprecedented challenges through its economic and financial impacts, the IMF revealed its updated…
Qatar ranks first worldwide on Digital Accessibility Rights Evaluation Index 2020
Qatar has ranked first worldwide on the Digital Accessibility Rights Evaluation Index 2020 (DARE Index 2020) released by the Global…
Buyers from the U.A.E. and U.S. Account for Highest Numbers of Mortgage Deals for U.K. Properties
Big-spending buyers from the U.A.E. and the U.S. are leading high-end international property purchases in the U.K., according to a…
Lebanon's Bankmed appoints ex-minister Hasan as CEO
Bankmed, one of the largest Lebanese banks in terms of assets, has appointed former minister Raya Haffar El Hasan as…
Emirates NBD Asset Management unveils 3 funds
Emirates NBD Asset Management has launched three multi-asset funds for investors in different risk categories. The Emirates Signature Cautious…
Qatar's economic fundamentals show country 'primed' for future growth: HSBC regional chief
Qatar's economic fundamentals highlight the fact that it is a country primed for growth in the years ahead, says Martin…
A full-scale digital service offering financial relief and flexibility
Rohit Garg, Executive Vice-President and Head of NeoBiz, Mashreq Bank, speaks to GN Focus about the various measures the bank…
UAE economy to grow 3.1 per cent in 2021, says the IIF
The UAE’s economy is projected to turn around in 2021 with a 3.1 per cent GDP growth - after a…
Fund transfers among the UAE banks amounted to Dhs6.307tr
The total value of fund transfers among the UAE’s banks amounted to Dhs6.307 trillion during the first eight months of…