After Lebanon, where next? Emerging markets look for weak links
In the aftermath of Lebanon's sovereign debt default and with the global economy reeling from its biggest shock in more…
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The Board of Directors of Abu Dhabi Commercial Bank elect H.E. Khaldoon Al Mubarak as Chairman
The Board of Directors at Abu Dhabi Commercial Bank has elected H.E. Khaldoon Al Mubarak as Chairman and H.E. Hussain…
Saudi Arabia to cut 5% of 2020 budget to fight effects of coronavirus pandemic
Saudi Arabia is to cut SAR50 billion ($13.32 billion) from this year’s budget in light of the negative impact of…
DiplomaticQuarter: UK envoy thanks Saudi health officials, updates British nationals on COVID-19
The UK Ambassador to Saudi Arabia Neil Crompton has thanked the Saudi authorities for their hard work containing the spread…
Saudis take on self-isolation through the internet
As Saudis go head-to-head with the coronavirus, taking precautionary measures through self-isolation, the internet has become an essential tool for…
Metro Bank hit with fresh lawsuit by Iranian customers
Embattled lender Metro Bank has been hit with a fresh lawsuit by a group of Iranian customers who say their…
Top 10 most successful businesses in the Middle East
Business Chief Middle East takes a closer look at the Top 10 most successful businesses on the Middle East stock…
Qatar Central Bank lowers interest rates
Qatar Central Bank announced yesterday that it reduced its deposit rate by 50 bps to 1.00 percent, lending rate by…
Business, but not as usual: a new era of more corporate responsibility?
The last few weeks have seen extensive turmoil as the ongoing Covid-19 outbreak sweeps across the world. While much of…
Six-Month Deferral On Instalments
Bahrain’s top bank yesterday deployed further regulatory measures and relaxations to cushion the pain inflicted by the coronavirus (COVID-19) on…
First Abu Dhabi Bank suspends some services amid coronavirus outbreak
First Abu Dhabi Bank has suspended some banking services at its branches across the UAE – including cash deposits –…
UAE Central Bank issues 'Dormant Account Regulation'
The Central Bank of the UAE has issued the “Dormant Accounts Regulation”, which intends at establishing a framework for the…