DCG responds to members’ concerns over COVID-19 impact
Dubai Computer Group (DCG) has resolutely worked towards safeguarding the business interest of its members against any detrimental impact faced…
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Bahrain's Al Salam Bank sells $182.5mln US multi-family portfolio
Al Salam Bank-Bahrain has made an early exit from its portfolio of seven multi-family assets in the US for a…
QIB adds innovative new features to its Mobile App
Qatar Islamic Bank (QIB) continues creating value for its customers by releasing several new innovative, useful features, on its award-winning…
Reliance on technology increases risk of cyber attacks
The use of technology has increased significantly recently as citizens and residents are staying home to limit the spread of…
FAB reports Dh2.4b net profit in first quarter 2020
First Abu Dhabi Bank, the UAE’s largest bank reported a net profit of Dh2.4 billion for the first three months…
QDB selects five competition winners to develop innovative solutions to tackle coronavirus
Qatar Development Bank announced yesterday the names of five teams who won an initiative launched by the bank to develop…
Lebanese banks set rate of pounds per dollar for withdrawals from dollar accounts-sources
Lebanese banks have set an exchange rate of 3,000 pounds per dollar for withdrawals from U.S. dollar accounts for this…
Combating coronavirus: Dubai warns of $10mln loan scheme fraud
The UAE residents and financial services community have been warned against a scam offering $10 million loan to support young…
Saudi Aramco hybrid engine to cut car pollutants
A new hybrid electric-petrol engine reducing harmful greenhouse gasses by 50 percent could be developed from a study by scientists…
Al Salam Bank-Bahrain successfully exits USD 182.5 million US Multifamily Portfolio
Al Salam Bank-Bahrain has announced the successful sale of a portfolio of 7 multifamily assets in the US for a…
Egypt seeks aid from IMF amid virus downturn
Egypt is seeking an aid package from the International Monetary Fund to offset the economic impact of the coronavirus pandemic,…
HSBC to block donations to Palestinian aid charity Interpal
British bank HSBC has told customers in the UK that it will stop processing standing order payments to the Palestinian…