Qatar grants USD10 billion to Turkey to ease Lira's collapse
The central bank of Turkey has obtained USD10 billion from a currency swap agreement it made with Qatar, the analytical…
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How investment in AI, robotics will impact Middle East economies
While most organisations are looking to adapt their businesses in the light of the 'digital' tsunami, the technologies that have…
Dubai back to business: DIFC Gate Avenue to reopen from June 1
The DIFC Gate Avenue, the retail area within the Dubai Financial Centre will be open for business starting June 1,…
Initiative to promote private investments in Bahrain's government land
Plans are underway to seek private investments in government-owned land, said a top businessman. Bahrain Chamber of Commerce and…
Quilter shares seven principles for investing through volatile times
With the global economy currently in the midst of a crisis following the rapid spread of coronavirus, Quilter International and…
National banks invest AED200 million in stock markets in April
National banks invested AED200 million in local stock markets in April 2020 after stock prices reached attractive levels, an increase…
Banks in Saudi, emerging markets will see spike in bad loans- S&P
Banks in Saudi Arabia and more than a dozen other countries are likely going to see their profits deteriorate and…
Beirut’s bank chief comes under fire over crisis
Touted as the guardian of Lebanon’s monetary stability, he has steered the country’s finances for nearly three decades through post-war…
Lebanon removes banking secrecy rules to fight corruption
Lebanon’s parliament approved on Thursday a law to remove decades-old banking secrecy rules in order to better fight rampant corruption…
Directors' duties and UAE corporate bankruptcy
Company directors and managers in the United Arab Emirates must ensure that decisions made in a financial distress situation are…
Time for Banks to go Digital
In turbulent times, remote access for both bank’s customers and financial institutions is crucial. Services could range from opening accounts…
GCC issuance & investor demand are still strong
Despite the extended government lockdowns in place since March 2020 due to the coronavirus, GCC issuance has been relatively strong…