Turkey central bank trims 2019 inflation forecast
The Turkish central bank on Wednesday cut its 2019 inflation forecast to over 14 percent while vowing to keep a…
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Dubai-based solar developer raises $65m to power MENA
Yellow Door Energy, a Dubai-based solar developer this week said it raised $65 million to fund an expansion effort in…
National Bank of Kuwait Set to Use Ripple for International Remittances
The National Bank of Kuwait has started blockchain-based remittance services to Jordan using blockchain technology supplied by Ripple. The…
Business Line Dubai: In with the old, in with the new
Islamic banking is as old as Islam itself and despite a recent slump, it is becoming increasingly popular globally with…
Commercial Bank of Kuwait installs video kiosks at 68 branches
Commercial Bank of Kuwait has started to adopt the smart-branch model by creating a flexible and cost-effective virtual banking system…
DFSA joins launch of Global Financial Innovation Network
The Dubai Financial Services Authority has announced the launch of the next phase of the Global Financial Innovation Network …
Gulf Bank hosts 2nd WISE Investment Forum
Gulf Bank hosted the second edition of its annual WISE Investment Forum on Monday. Held at the Four Seasons…
Burgan Bank team lifts Kuwait Cricket Bank League trophy
Burgan Bank is pleased to announce its historic victory as champion of the annual ‘Kuwait Cricket Bank League’ 2019, crediting…
Citi’s Rankin: ESG funds need ‘stress-test’ moment to progress
The major roadblock to ESG funds being more widely adopted as mainstream products is the lack of a ‘real stress…
Digital giants ‘profiting’ from settlements; call to oppose Eurovision
Digital tourism giants Airbnb, Booking.com, Expedia and TripAdvisor are profiting from “war crimes” by offering services in Israeli settlements, rights…
Swiss firm unveils UAE edition watch worth Dh2 million
Dubai is known as a paradise for luxury brands. Swiss watchmakers are quick to recognise this demand by introducing unique…
Dubai regulator secures $52,500 fine through British courts
The Dubai Financial Services Authority has successfully pursued Andrew Grimes, formerly of Clements Dubai Limited, through the UK courts for…