Qatar National Bank awarded for use of iris
Qatar National Bank has been recognised for having the “Best Biometrics Initiative, Application or Program in Qatar” for its use…
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Economic downturn may see outflow of expats from GCC
Experts expect an outflow of expatriate workers from Gulf states as a result of the economic shock delivered by the…
Avaloq and ACTICO expand strategic partnership to prevent financial crime
Avaloq is expanding its existing partnership with ACTICO. The two companies are integrating the ACTICO Compliance Suite into Avaloq's…
COVID-19: Dubai to cut property service charges this year
Dubai's property owners can look forward to paying lower service charges this year, as part of wider efforts to lower…
Lebanon Economy to Shrink by Massive 12% This Year
The International Monetary Fund projected Tuesday that Lebanon's economy will shrink 12% in 2020 amid the country's worst economic and…
QFC announces new measures to support its firms
The Qatar Financial Centre has announced new support measures, including the extension of deadline to file tax without incurring any…
SoftBank's troubles deepen with warning of $16.7 billion writedown
SoftBank warned investors on Monday that the value of its technology fund may have dropped by as much as $16.7…
Qatar Airways, Standard Chartered sign $850mn financing deal
Qatar Airways and Standard Chartered have successfully signed a $850mn financing in respect of seven Boeing 787-9 aircraft. This…
UAE banking sector joins law enforcement agencies to fight fraud
UAE Banks Federation, the Central Bank of the UAE, Abu Dhabi Police and Dubai Police have launched the UAE’s first…
Turkey’s banking watchdog slashes limits on banks' FX transactions
Turkey’s banking watchdog said Sunday it was slashing the limit for banks’ foreign-exchange swap, forward and option transactions with foreign…
Arab Africa Trade Bridges Program Outlines Actions to Support Developing Countries Cope with the COVID-19 Crisis
The International Islamic Trade Finance Corporation and its partners have approved an AATB Program Action Plan to support African and…
Lebanon In Crisis: FFA Private Bank CEO Jean Riachi Q&A
Global Finance: How is the current crisis affecting Lebanese banks? Jean Riachi: It’s very bad for Lebanese banks. Their…