07/23/2019
Such challenges, he added, need to be addressed by strengthening the banking sector's ability to withstand risks and absorb shocks, applying sound corporate governance rules, activating the role of risk departments, enhancing compliance with local an
07/23/2019
The Abu Dhabi Global Development Market, ADGM, and the China National Nuclear Corporation, CNNC, signed a cooperation agreement to facilitate Belt and Road initiatives in the UAE and MENA region, and help grow CNNC's globalization plans.
07/22/2019
Meanwhile, the defendant's lawyer, Attorney Ali Al-Wawan, argued that the court summon did not show allegation that his client made the plaintiffs sign any document to indicate payment of interests on top of the loans taken.
07/22/2019
The MoU was signed by Mazin Manna, CEO of ADIB, and Adnan Ahmed Yousif, President & Chief Executive of Al Baraka Banking Group, at ADIB's HQ
07/22/2019
Mazin Manna, Group CEO of ADIB, said: “Partnering with Al Baraka is closely aligned to our overall strategy of bringing value-add services to customers which can enhance their banking experience."
07/19/2019
In December 2018, UAE officially announced that it would assist Pakistan to help it overcome international payment crisis and to avoid the deal with the International Monetary Fund, which contained strict terms and conditions.
07/19/2019
The revised norms will result in banks facing a shift in the relative attractiveness of different types of exposures, which will also impact the attractiveness of adopting an internal model based approach to credit or market risk, KPMG said.