Oman's sultan appoints head of new sovereign wealth fund
Oman's Sultan has appointed Abdulsalam al-Murshidi as the head of the Omani Investment Authority, a new state entity replacing the…
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Dubai developer gets 'locked out' of own project by contractor
A developer in Dubai has been "locked out" out of its two completed projects in Dubai, after a dispute escalated…
Shariah-compliant gold trading platform to launch in UK
A digital gold-trading platform compliant with Islamic finance norms is about to get launched in the UK as early as…
Shams, Mashreq Bank announce partnership to support SMEs in Sharjah
Sharjah Media City, known as Shams, and Mashreq Bank, one of the leading financial institutions in the UAE, have announced…
First Abu Dhabi Bank issues 'green bond' in Hong Kong dollars
First Abu Dhabi Bank has issued a 750 million Hong Kong dollar five-year “Green Bond” through a private placement. This…
Blockchain technology to inject cash into Saudi Arabia banking sector
Saudi Arabian Monetary Authority has recently used the blockchain technology to deposit portion of the previously announced cash to be…
How is the COVID-19 pandemic impacting on the global economy?
As the COVID-19 pandemic has swept across the world, so too has the economic impact of the social distancing measures…
Experts call on employees to develop skills to cope with post-COVID-19 world
Human resources development experts have urged employees to acquire new skills to meet the needs of the post-COVID-19 period by…
The Covid crisis and the Oceans
From this period of lockdown we may remember the vision of wild animals wandering through the deserted streets of our…
Standard Chartered appoints CFO for Africa and Middle East
Standard Chartered has announced the appointment of Subhradeep Mohanty as Chief Financial Officer (CFO) of the Africa and Middle East…
Impact investing: Deploying capital to do good and reap returns
If there was a way wherein investors could use their hard-earned savings to reap returns at par with the market,…
DIFC Fintech Fund invests in four startups
Dubai International Financial Centre (DIFC) has dipped in to its $100 million Fintech Fund to invest in four startups, FlexxPay,…