ADIB launches second fund committed to a special financing strategy
ADIB, an Islamic financial services group, has signed an agreement with WCB Investments, a joint venture between National Investment Company,…
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UAE’s banking sector acts quickly to provide relief
The UAE banking sector is on solid growth track and is marching ahead despite COVID-19 challenges. Mohammed Ibrahim Al…
Post COVID-19 scenario: Setting UAE banks on the recovery path
There are many unanswered questions regarding the Covid-19 crisis, the first of which is the ultimate impact on human health.…
Beware of 'phishy' numbers
As digital solutions disrupt the banking industry, fraudsters have become increasingly sophisticated resulting in a surge in the number of…
Qatar Airways' Boeing 787-9 'Qsuite 2.0' ready for take-off
Qatar Airways' second-generation Qsuite stands idling at the edge of the runway, primed for take-off - and if it wasn't…
Emirates will really miss its business travellers and high flyers
Until recently, Tarek Sultani Makhzoumi typically spent every other week of the year on the road, traveling from London to…
QIB’s Gamal warns of profit threat to every bank
Never letting a good crisis go to waste, to borrow a phrase from Winston Churchill, Qatar has used a three-year…
SAMA values support by Saudi banks amounting to 100 million riyals
His Excellency Dr. Ahmed bin Abdul Karim Al-Khulaifi, Governor of the Saudi Arabian Monetary Agency has valued the initiative of…
Bank Hapoalim to Pay $874 Million to Settle U.S. Tax Charges
Geoffrey S. Berman, the United States Attorney for the Southern District of New York, Jeffrey A. Rosen, the Deputy Attorney…
Report: Green energy can save Middle Eastern economies
A big cut in the use of fossil fuels for electricity generation by 2030 would save the Middle East and…
Saudi foreign reserves fall to lowest record in 20 years
Saudi Arabia’s Monetary Authority said on Tuesday that the kingdom’s net foreign assets, which include securities such as US Treasuries…
COVID-19: UAE's ADIB bids on digital to drive Islamic trade finance
UAE lender Abu Dhabi Islamic Bank is renewing its focus on providing shariah-compliant trade financing in the region, driving in…