Oman central bank to offer $20 bln in extra liquidity
Oman’s central bank is preparing to provide some 8 billion Omani rials ($20.8 billion) in extra liquidity to banks as…
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Foreign property buyers in UAE to slow down, as coronavirus travel restrictions intensify
The UAE’s property market will likely see a decline in overseas buyers due to the coronavirus outbreak, according to the…
Foreign funds’ enhanced buy interests lift Qatar bourse
Foreign funds’ enhanced buying interests, on the back of government’s huge financial stimulus, yesterday lifted the Qatar Stock Exchange by…
Emirates NBD installs thermal scanners in offices
Given the developing situation around the Coronavirus – COVID-19 outbreak, the safety and wellbeing of our customers, our employees and…
UAE entrepreneur joins UK Biotech research company Vaxbio as Strategic Advisor to help launch an affordable COVID-19 vaccine
Mr. Khurram Shroff, Chairman of the IBC Group in Dubai, has joined Vaxbio, a biotechnology company based in Oxford, England,…
Mashreq strengthens management team with appointment of Group Head of Operations
Mashreq has appointed Mark Edwards as its new Group Head of Operations. With over 25 years of experience, Mark…
DriveWealth signs UAE-based WealthFace
DriveWealth has announced a new partnership with Wealthface. The agreement marks DriveWealth's first initiative in the Middle East and…
Israel's Hapoalim will pay $870 million to end U.S. tax probe
Israel’s biggest bank, Hapoalim, said on Wednesday it expects to pay $870 million to settle a U.S. tax evasion investigation.…
Advisers and bankers across the Middle East told to work from home
DIFC Courts, the regulatory body for Dubai's financial free zone, said it would begin operating remotely "with immediate effect", in…
KFH implements remote working solutions to ensure employee health and safety
In its continued effort to enhance productivity and assure wellness of its employees, Kuwait Finance House has announced that it…
UAE suspends issuing visas on arrival
The Ministry of Foreign Affairs and International Cooperation confirmed on Wednesday that it is introducing a temporary suspension on issuing…
UAE banks' assets hit $842.6bln in February
The Central Bank of the UAE has revealed the country's banking indicator figures for February 2020, noting gross banks' assets…