UAE banks are digital ready
Banks in the UAE are increasingly adopting digital practices, according to the recent IDC report The Digital Ready Bank. …
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UAE decree to ensure wages are paid on time comes into force
A decree aimed at ensuring people receive their wages in full and on time takes effect on Monday. The…
Zicom looking to divest stake in oil slump-hit two mid-east firms
Challenging business environment in the Middle East has led BSE-listed Zicom Electronic Security Systems to look at divesting stake to…
AUB seminar on changes applied around corporate inheritance tax
Ahli United Bank announced yesterday that it will organize a special seminar for its Private Banking clients, on the “Changes…
Unstable performance of KSE indices last week
Indices of Kuwait Stock Exchange kept an unstable performance during the last week of Q3 2016, with no attempts to…
ADFD becomes a founding member at Lives and Livelihoods Fund, commits AED 180 mn
The Abu Dhabi Fund for Development signed an agreement with the Islamic Development Bank to become a founding member of…
Islamic banking growth outpaces conventional peers in key markets
The Islamic banking sector continues to outpace growth of conventional banking in key markets, often supported by proactive regulations and…
Saudi c.bank orders rescheduling of consumer loans hit by austerity
Saudi Arabia's central bank said on Sunday it had given commercial banks instructions to reschedule consumer loans of customers hit…
Oman outperforms GCC in converting growth into well-being, says BCG report
A new report by the Boston Consulting Group revealed that when it comes to its current-level Sustainable Economic Development Assessment…
German Economy Minister Sigmar Gabriel heads to Iran next week with a planeful of industry
German Economy Minister Sigmar Gabriel heads to Iran next week with a planeful of industry executives keen to rebuild trade…
More UAE investors change expectations on returns amid rising risks
Majority of the investors in the UAE have raised their expectations marginally in terms of returns even as they become…
Sweden seeks strategic partnerships with Qatar
A renowned Swedish professor has met with officials from Qatar’s financial and education sectors in a bid to create strategic…