09/22/2020
DP World, Bank Leumi to Explore Israel Logistics Investments
The UAE and Bahrain last week signed agreements to move toward establishing normal ties with Israel, setting in motion a potentially historic shift in Middle East politics.
09/22/2020
17,500 enrolled into Dubai's employee benefit scheme
The DEWS end of service scheme, details of which were released in January, is a low cost investment platform for receiving and managing mandatory employer end-of-service contributions on behalf of their employees and any added voluntary savings by employe
09/22/2020
Al Baraka to change the operational structure of its parent company in Bahrain
The Group’s banking subsidiaries, including Al Baraka Islamic Bank, Bahrain, will continue their banking activities
09/22/2020
Creditors take action against UAE's Al Jaber in decade-long saga
The move follows delays in restructuring agreements, under which Al Jaber was to appoint a new board and sell companies and assets such as the Shangri-La hotels in Dubai and Abu Dhabi.
09/21/2020
After a huge response there is now more information available for over 55s looking to retire in Dubai
09/21/2020
Despite this, some banks, including Deutsche Bank and specifically its US branches, continued to allow money transfers to be sent to Iraq despite the group’s control over large parts of the country.
09/18/2020
The agreement will allow Israeli clients to transact directly in the UAE.
09/18/2020
The new regulations and guidance have introduced important changes to the scope of the ES regulations, covered entities, compliance requirements, and governing authorities.
09/17/2020
e-Dirham mobile app Mubasher and three prepaid cards with integrated benefits unvielied
09/17/2020
Winning government contracts and not doing anything to recruit nationals is unacceptable
09/17/2020
The cabinet decision also raised the ceiling of the guarantees to 5 billion Qatari riyals, from 3 billion.
09/17/2020
In recent weeks, the Iraqi the government rejected the borrowing terms of the International Monetary Fund and the World Bank.
09/17/2020
The board members addressed the bank's operational plans and approved the consumer protection framework and regulatory oversight of the UAE banking industry.
09/16/2020
The CBE also called for taking into consideration the importance of avoiding any pressure on companies' financial liquidity.
09/16/2020
Talks on selling Egyptian business to restart with First Abu Dhabi Bank
09/16/2020
Leumi said its agreements with the UAE banks would help enable the countries to implement economic relations.
09/16/2020
The country has strict laws and mechanisms to deal with money laundering and the financing of terrorism
09/16/2020
The agreements formalize the normalization of Israel's already warming relations with the United Arab Emirates and Bahrain.
09/15/2020
Deal also extends to acquiring certain assets of IB Capital, owned by Ithmaar
09/15/2020
The state-owned bank said Sberinvest Middle East would engage in trade finance of Russian exports to the Middle East