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…
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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,…
Will MENA Region Emerge as the Next Fintech Hub?
As the world braces itself for a potential global recession, it’s hard to countenance the idea of growth markets or…
Dubai DIFC invests in innovative FinTech start-up companies
Dubai International Financial Centre, DIFC, announced on Monday that it has invested in four FinTech start-up companies. According to…
Dar Al Takaful to buy Noor Takaful for Dh215m
Islamic insurance company Dar Al Takaful is buying competitor Noor Takaful for Dh215 million in cash, as it looks to…
Guiding you through the digital banking landscape in the UAE
The UAE’s banking sector is rapidly leading the GCC region in digital banking solutions. But what exactly is digital banking…
Shrinking interest margins hurt UAE bank profits
The UAE’s banking sector is facing challenges on its asset quality and profitability from COVID-19 and low interest rate environment,…
Higher provisions led to plunge in top UAE banks' Q1 profit
Top UAE banks reported declines in first quarter net profit as they made higher provisions for the challenging macroeconomic conditions—low…