UNB and Ducab Officials Meet to Review Progress on Islamic Finance Partnership
Senior officials from Union National Bank visited Ducab senior management and facilities to review progress on the AED 350 million…
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Saudi banks' liquidity positions resilient
Large Saudi banks continue to report liquidity coverage ratios above 100 percent despite a 30 percent outflow of government-related deposits…
Access to finance critical to GCC economies
As lower oil prices affect the role played by governments as direct and indirect drivers of GCC business investment, ensuring…
Saudi bank shares rally on SAMA’s monetary action
Saudi banking shares rallied on Monday after the central bank said it would deposit about SR20 billion at commercial lenders…
Sovereign Wealth Funds Brace for Rainy Days Ahead
While Saudi Arabia has led the world in oil production, the kingdom has trailed its Gulf neighbors in terms of…
DFSA Strengthens Regional Regulatory Co-operation
The Dubai Financial Services Authority earlier this week signed a Memorandum of Understanding with the Jordan Securities Commission. The…
Jones Day welcomes Projects & Infrastructure partner Nadim Khan in Dubai
The global law firm Jones Day has announced that Nadim Khan has joined the Firm as a partner in the…
Half of UAE investors present optimistic view of 2016
Half of the investors in the UAE suggested an optimistic view of their investments in 2016, a far cry from…
Moody's concludes review on 17 Turkish financial institutions
Moody's Investors Service has today concluded its review for downgrade of 17 Turkish financial institutions by downgrading the long-term debt…
Mobile phone most preferred payment device in UAE
Mobile phones are the most commonly used device among consumers in the UAE and more than half of all consumers…
82% of UAE expats have no takaful life coverage, says survey
The majority of the UAE’s residents, comprising both nationals and expatriates, are yet to sign up for takaful coverage while…
Turkish Private Equity Deals Signal Investment Appetite After Failed Coup
Turkey’s biggest casual dining chain, Big Chefs, sold a minority share to an internationally backed private-equity firm, a sign that…