Qatar blocks crypto asset services
Qatar's financial regulator has blocked any and all crypto asset services in the Gulf nation. The QFC Regulatory Authority…
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Green finance grows in Middle East as Etihad signs loan
Etihad Airways has signed a €100m loan linked to the UN’s Sustainable Development Goals. The deal is one of the…
Qatar, Australia trade reaches new heights
Australia’s annual bilateral goods and services trade with Qatar has reached a new all-time high of QR5.8bn, according to the…
Thinking the unthinkable: Lebanon’s sovereign debt default?
The unthinkable has finally happened in a secretive central bank’s digital ledger in the heart of Beirut. The rating…
TDB sources oversubscribed term financing from Middle East banks
The Eastern and Southern African Trade and Development Bank has closed a US$450mn syndicated term loan facility, upsizing its debut…
8 out of 10 millennials now prioritise responsible investing
Almost eight out of 10 millennials now prioritise socially responsible and impactful investing, according to a new global survey. …
Emirates Islamic is enhancing the digital experience for UAE customers
Islamic finance has developed markedly in recent years. According to a study conducted by Thomson Reuters, more than 1,300 Sharia-compliant…
Arab World Slow To Embrace Crypto, But Steadily Picking Up
The cryptocurrency industry has suffered a bit of a lackluster reception in the Middle East since the start, with mass…
DED cooperates with DIB to support Instant License holders
The Business Registration and Licensing, BRL, sector in the Department of Economic Development, DED, in Dubai, has teamed up with…
Saudi British Bank appoints chairperson for 3 years
Saudi British Bank has announced the appointment of Lubna Sulaiman Olayan as chairperson for a new term. Olayan will…
UAE’s banking system provides financial facilitations to retail sector worth AED50.4 billion in 9 months
The UAE’s banking system increased the total value of financial facilitations provided to retail commerce, amounting to AED50.4 billion during…
Kuwait current account surplus hits KD 1.3b in Q3: CBK
Kuwait recorded a current account surplus of KD 1.3 billion ($4.3 billion) in the third quarter of 2019, the Central…