10/01/2020
The Dubai International Financial Centre ratified the original version of its Data Protection Law (DPL) in 2007, for example — about a year earlier than Europe’s official General Data Protection Regulation (GDPR) and first Payment Services Dir
09/30/2020
Safeya Mounir looks into the cause of higher-than-expected remittances from Egyptian expatriates abroad
09/30/2020
But there could be exodus of millionaires in short term due to COVID-19, says New World Wealth
09/30/2020
The banking sector is seen as having sizeable potential, with a vast unbanked population
09/29/2020
Almost two-thirds of people in the UAE (64% in the UAE and 64% globally) expect the country to go fully cashless
09/29/2020
Fintech Professional Claims that Digitization of the UAE Economy is Being Led by Individual Consumers, Not Service Providers
As reported by Gulf News, Iyer also mentioned that the UAE’s modern infrastructure has created the ideal environment for launching a digital banking platform.
09/28/2020
The global economy and markets continue their correction from the strength seen earlier in the summer.
09/27/2020
Count Oliver of Wurmbrand-Stuppach launches Ambassadors Club in Dubai after months of delays caused by the coronavirus pandemic
09/27/2020
Consumers have become 'thriftier' due to pandemic, says UAE central bank
09/25/2020
Economists attribute the current downturn to the coronavirus pandemic and a drop in Turkey’s foreign currency reserves.
09/25/2020
Travellers must present negative Covid-19 results prior to boarding and take another test upon arrival in Sharjah
09/25/2020
Women form only 4% of total board members in the top 50 Mena companies compared to about 35% in an index of European listed companies
09/24/2020
The non-hydrocarbon GDP in Q2 is estimated to have declined by 9.3% Y-o-Y, after a drop of 2.7% in Q1
09/24/2020
Singapore, along with China, Canada, Hong Kong, South Korea, and Saudi Arabia are among the banking systems that are likely to recover first from the Covid-19-induced economic downturn, says S&P Global Ratings. The ratings agency, in a report dated S
09/23/2020
As a result Cayman remains a favourable jurisdiction providing substantive offshore structuring solutions for the region.
09/22/2020
Fund raising for Lebanon: Julius Baer Cares and Julius Baer Foundation support emergency relief efforts
The funds will be equitably distributed among the Lebanese Red Cross, the Lebanese Hospital Geitaoui, the Saint George Hospital University Medical Center and the Assameh Birth and Beyond Pediatric Unit in Karantina Hospital.
09/22/2020
Saudi Arabia's banking market is heating up as customers are increasingly looking for new offers and a differentiated banking experience
The results suggest that customers have multiple banking relationships and switch banks easily.
09/22/2020
SMEs impact on Qatar banking system asset quality low: Moody’s
Retail exposure is mainly to Qatari nationals where job losses have been negligible, and the real estate market is in a cooling-off period for the past few years and new lending to the sector has therefore been relatively limited.
09/22/2020
CBE expected to keep interest rates on hold Thursday
On an annual basis, this is due to lower food prices and weak consumer spending from HC Securities and Investment's point of view, who currently expect inflation to decline to approximately 5% in Q4 of 2020.
09/22/2020
COVID-19: Will salary cuts be the new normal in UAE?
The return of salaries to pre-pandemic levels is a selective process