09/25/2019
The agreement with Anglo-Gulf Trade Bank provides for the supply of the above mentioned TAS platforms, delivered in the cloud through Microsoft Azure, a SWIFT-certified Service Bureau run by TAS for a period of three years and a system integration service
09/25/2019
The ECB in particular has eased aggressively, lowering its deposit rate by 10 basis points to a record low of -0.5%.
09/25/2019
Spoofed email trick customers of Dubai-based company into transferring £42,000 overseas
09/25/2019
The bonds and related tawarruq are offered by the CBK to regulate liquidity in the market
09/24/2019
In a bid to boost Bloomberg's editorial reach in the region the media giant launched a studio in QFC.
09/24/2019
The case against Küveyt Türk is one of many seeking to “bring justice against international banks that have provided material support to or aided and abetted terrorist organizations,” the press release said.
09/24/2019
The issuing bank or the guarantor has distinctive obligations as that of the principal debtor.
09/24/2019
He said the global economy was facing intensifying headwinds, and the financial industry was at a cross-roads which required exploration of new service methods.
09/24/2019
Through the partnership with UBF, FinTech AD serves to provide a platform for UBF members to accelerate and showcase their digital transformation agenda and initiatives.
09/23/2019
The global economy is chugging along, but the picture from the US is mixed and China continues to slow down, meaning that investors need to think very carefully about how they position portfolios.
09/23/2019
They included a cut in policy rates, the reinstitution of large scale net asset purchases or quantitative easing, more attractive 'targeted longer-term refinancing operations for banks, and stronger forward guidance signs to investors.
09/23/2019
To prevent the economy from further decline, a strong stimulus in the form of a corporate tax cut for all domestic companies from 34.9 per cent to 22 per cent (without exemptions and incentives) has been announced by the Finance Minister.
09/23/2019
The rise in employment rate during Q2 was the result of the increase in the real estate sector and in other business platforms, which include the agricultural, mining, hotels and restaurants, financial intermediation, education and health.
09/23/2019
Central Bank president Tahir Al Amri said that from the bank's perspective, the answer is 'categorically no'
09/23/2019
"Moreover, capital spending, measured by the net acquisition of non-financial assets, rose Y-o-Y by 94.1 percent, reaching Dh13.1 billion. As a result, the Net Operating Balance registered a deficit of Dh 1.2 billion in 2019 Q1 compared to Dh10.4 bil
09/22/2019
Carstens: Direct Relationship between Employees' Wellbeing and Organizational Performance
09/20/2019
Bank issues a notice to its customers to be aware of magic pen and other banking frauds
09/20/2019
Appellate judges Alnashir Visram, Gatembu Kairu and Agnes Murgor said they were in agreement with the High Court’s decision that Kwanza Estates Ltd’s request for the judgment was not only premature but irregular.
09/20/2019
The firm has six branches spread across the country and has noted an increase in foot traffic with all outlets performing very well
09/19/2019
This 13th dissemination completes the availability of quarterly data from Q4 of 2013 to Q1 of 2019, and is part of the IFSB's Prudential and Structural Islamic Financial Indicators project