How long coronavirus survives on surfaces – and what it means for handling money, food and more
Coronavirus lives longer on some surfaces than others. Research suggests it lives for up to 72 hours on hard, shiny…
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Moody's – GCC and Malaysia to drive Islamic finance growth
Sukuk issuance is set to remain stable at around $180 billion this year There are downside risks from the coronavirus…
COVID-19 fightback: UAE banks learn value of remote banking
Banking customers in the UAE should consider using online and mobile banking channels to support the UAE government’s effort to…
COVID-19: Dubai to inject new equity into Emirates airline
Dubai's Crown Prince Sheikh Hamdan bin Mohammed said on Tuesday the government is committed to fully support Emirates airline and…
Are foreign banks in the UAE helping customers affected by Covid-19?
As the coronavirus outbreak continues to ravage economies across the globe, major banks in the UAE have rolled out measures…
Turkey doubles guarantees on loans to spur credit
Turkey is turning on the credit taps, spearheaded by state-owned lenders, to help its economy weather the storm caused by…
Abu Dhabi Islamic Bank's shareholders approve increase in foreign ownership limit
Abu Dhabi Islamic Bank secured shareholders’ approval to raise its foreign ownership limit to 40 per cent, up from the…
Abu Dhabi bank ADCB says no layoffs in 2020 due to Covid-19 impact
Abu Dhabi lender ADCB Group – which includes Al Hilal Bank – has announced that no employee will be made…
Victims reveal huge losses after falling for Dubai property scam
Victims of a property rental scam in Dubai could lose tens of thousands of dirhams after falling foul of fake…
Bahrain-based Benefit posts $8.8mln net profit
Benefit, the main handler of the country’s electronic fund transfers and ATM transactions, has reported net profit of BD3,327,998 for…
COVID-19 response: Saudi Arabia tells banks to go easy on loans
Saudi Arabia’s central bank is ordering lenders to provide concessional loans to businesses grappling with the fallout of the coronavirus…
Ezdan Holding posts QR309.2mn net profit in 2019
Ezdan Holding Group has posted a net profit of QR309.2mn in 2019 compared with QR433.7mn in 2018, the company announced…