08/16/2020
Under the decree, Dubai Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum is now chairman of the corporation's board
08/16/2020
All this in all probability interprets into the central bank holding charges when it meets on Thursday.
08/14/2020
For years the U.S. has led the way in imposing major anti-money laundering (AML) fines, but regulators in Europe have recently started taking a much tougher line.
08/14/2020
US President Donald Trump said the deal will facilitate peace in the Mideast
08/13/2020
The loan, which will be repaid with money raised from an international bond issuance, will bolster state coffers hit by low oil prices and the economic downturn caused by the coronavirus crisis
08/13/2020
Egypt’s central bank recently announced that net international reserves reached $38.31 billion at the end of July.
08/13/2020
The DIFC’s robust legal and regulatory framework, alongside its highly developed and comprehensive financial ecosystem, continues to be a catalyst for growth in regional banking.
08/12/2020
Government had earlier announced financial compensation under SANED in the wake of the measures taken to mitigate the economic impact of pandemic
08/12/2020
The central bank halved the amount in an earlier move.
08/12/2020
The committee rapporteur, MP Osama Al-Shaheen, said that the Ministry of Social Affairs presented short and long term solutions, revealing the ministry laid down a plan to terminate the services of 360,000 expatriate workers.
08/12/2020
TAIK has already been working with BCG to find ways to achieve a bilateral trade volume of $100 billion between the two countries.
08/12/2020
Much of his money went to the U.K., a favorite destination for overseas investors looking for a discreet place to make their money grow.
08/12/2020
The EBRD expects to dedicate the entirety of its activities to combating the economic impact of the crisis and stands ready to provide support worth €21 billion over the 2020-21 period, in order to help the 38 emerging economies where it invests.
08/12/2020
At the same time, the government is trying to reassure the country’s own citizens they will not suffer from the economic downturn.
08/12/2020
The lender gained approval to offer 'selected financial services to professional clients and market counterparties' from the financial free zone
08/11/2020
Kuwaiti MP Khalil Al-Saleh, who head the committee panel, said the committee plans to meet with the minister of social affairs, Mariam al-Aqeel.
08/11/2020
The developer recently unveiled a three-year plan to turn around its fortunes after several years of underperformance and mounting losses
08/11/2020
With the business scene crumbling, banks are facing rapidly growing non-performing loans and asset risks on their balance sheets.
08/11/2020
The G20 TechSprint initiative, launched in April 2020, aims to highlight the potential for technologies to resolve regulatory compliance (regtech) and supervisory (suptech) challenges.
08/11/2020
Prince Faisal called on all stakeholders to take advantage of the initiatives introduced by the council to achieve their objectives to serve national interests.