UAE launches initiative for global legislative framework for Islamic Finance
The UAE on Wednesday launched a new initiative to create a unified global legal and legislative framework for the Islamic…
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Habayeb named Senior VP of GE and President & CEO of Global Growth Organization
Nabil Habayeb, GE’s President and CEO for the Middle East, North Africa and Turkey, has been named Senior Vice President,…
National Bank of Bahrain launches enhanced virtual training programme
The National Bank of Bahrain has announced a first-of-its-kind Virtual Training Calendar driven by EMIC Training and in collaboration with…
Qatar Wealth Fund seeks $7.6 billion loan backed by stock
Qatar’s sovereign fund is borrowing around 7 billion euros ($7.6 billion) against its stock holdings, as the top liquefied natural…
Turkey push for cheap credit pays off as banks turn on taps
Turkey’s push for cheap credit to mitigate the fallout from the coronavirus is bearing fruit, as companies and consumers take…
QCB launches instructions for financial institutions to address coronavirus risks
The Qatar Central Bank (QCB) has launched a package of instructions for financial institutions operating in the country with a…
Nakheel cuts salaries as pandemic hits Dubai retail and real estate
Dubai property developer Nakheel has cut salaries by as much as half as the pandemic hits Dubai property developers and…
Over 1,000 DIFC companies enrol in end-of-service scheme
Zurich Workplace Solutions has confirmed that the majority of companies based in the Dubai International Financial Centre signed up to…
London property sales intact for Middle Eastern investors: Knight Frank
The COVID-19 clauses and growth of owner-occupiers keep London property sales intact for Middle Eastern and global investors. The…
Opinion: Globalisation is evolving, not dying – just look to the Middle East
From the UAE to Saudi Arabia, the last decade has seen member countries open their borders ever wider to foreign…
Bahrain re-appoints Rasheed al-Maraj as central bank governor – BNA
Bahrain’s king Hamad bin Isa Al Khalifa has re-appointed Rasheed Mohammed al-Maraj as governor of the central bank for another…
UAE banks can take on upcoming global challenges
Thank you for your reading and interest in the news UAE banks can take on upcoming global challenges and now…