Eazy Financial Services wins 'Excellence in Payments- Companies' award
Eazy Financial Services was announced as the winner of the ‘Excellence in Payments – Companies’ award for the year 2020…
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Islamic finance to expand in 2020 as demand for Shariah-compliant products grows
Islamic finance is poised to expand in 2020 and beyond, helped by growing use of Shariah-compliant products in the GCC…
VUMI makes Middle East push with Dubai office
International health insurance company VIP Universal Medical Insurance Group (VUMI) has expanded to Dubai. The new Dubai office will…
Coronavirus: global economy could be in recovery mode within SIX MONTHS – but on two conditions
The global economy is likely to be headed for recovery from a coronavirus-triggered downturn within six months – but only…
Dubai, Abu Dhabi governments ease burden of private businesses hit by coronavirus
The Dubai International Financial Centre in implementing a series of fiscal easing initiatives over the next three months starting April…
Saudi Arabia cabinet approves MOU between SAMA and Dubai Financial Services Authority
Saudi Arabia cabinet approves memorandum of understanding between Saudi Arabian Monetary Authority and Dubai Financial Services Authority in the field…
COVID-19: It’s time UAE media got government support
The UAE’s media industry needs the government to support it during this time of extreme stress, in much the same…
Adnoc Distribution raises dividend to Dh2.57b
Adnoc Distribution raised its dividend payout to Dh2.57 billion, an increase of 7.5 per cent over last year. This was…
Turkey widens emergency response with bond buying
Turkey’s central bank on Tuesday added to its emergency programme to help contain the economic fallout from the coronavirus outbreak…
Virtual G20 meet leads to new virus plan
G20 finance ministers and central bank governors met virtually on Tuesday to coordinate their efforts in response to the COVID-19…
NBB continues to implement measures to safeguard well-being of its employees and support individual customers
In an effort to exercise caution and safeguard the well-being of its staff members during these times of uncertainty, the…
ADCB exposure to NMC Health could top $1b
Out of the $6.6 billion NMC Health has to pay off banks, the Abu Dhabi Commercial Bank’s exposure alone could…