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.
08/11/2020
Businessmen, Shura Council member, ex-judge, notary officer, ex-police director arrested
08/11/2020
Agreement between Supply@ME and iMass investments will trial an inventory monetisation programme with Abu Dhabi-based manufacturers and lenders
08/10/2020
Banks will be allowed to go below the 100% 'net stable funding ratio' but not below 90%
08/10/2020
In light of the progress the Philippines has made in Islamic banking, she stressed that offering a Shariah-compliant digital solution to the market 'will be very attractive.
08/10/2020
A government entity plans to go all out on cloud computing
08/10/2020
Global issuances, however, expected to dip 5% in 2020 on effects of Covid-19 pandemic
08/10/2020
Economic collaboration committee will focus on sectors including real estate, banking, retail, hospitality and manufacturing
08/10/2020
This comes as part of the nation’s strategic planning to conduct at least 30% of all transactions via online or digital platforms.
08/10/2020
Banks Legal senior associate, Anshul Kalra, looks at some of the key issues facing tenants and landlords in the current economic and legal environment
08/09/2020
The CBUAE has also clarified that for the purposes of calculating NSFR and ASRR, the CBUAE Zero Cost Funding Facility under the TESS programme should be treated as stable funding with a 50 per cent weight, irrespective of its maturity.
08/07/2020
Often claims on construction projects arise because of the changes to the original scope of work, known as variations.
08/07/2020
Porto Group (PORT) will provide a joint and several guarantees to Banque Misr