Banks worth $47 trillion adopt new U.N.-backed climate principles
Banks with more than $47 trillion in assets, or a third of the global industry, adopted new U.N.-backed “responsible banking”…
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Dh80.96 billion sent home by expats in the first half of 2019
Expat remittances from the UAE amounted to Dh80.96 billion ($22.04 billion) during the first half of 2019, according to figures…
Revealed: Top 10 banks in the UAE
The UAE once again has the largest domestic banking sector in the Gulf region, with a 38 per cent share…
76% of UAE residents prefer online banking over bank branch visits – survey
Three out of four bank customers in the UAE prefer online banking over traditional bank visits, with majority of customers’…
GCC still lagging when it comes to converting wealth to well-being
Boston Consulting Group has highlighted the global standing of the GCC in a number of dimensions on its latest Sustainable…
UN to launch Principles for Responsible Banking
What are the Principles for Responsible Banking designed to achieve? As society’s expectations change, banks must be transparent and…
U.A.E.’s Commercial Bank Plans to Cut Up to 18% of Its Workforce
Commercial Bank International PSC will trim as much as 18% of its workforce through a voluntary redundancy program as the…
1.9 million expats quit Saudi Arabia citing high fees and sluggish growth.
More than 1.9 million expatriates have left Saudi Arabia since the start of 2017, according to a report released yesterday.…
The IFSB database disseminates data for Islamic Banking systems in member countries, including Libya for the first time
The Islamic Financial Services Board has announced the dissemination of country-level data on financial soundness and growth of the Islamic…
Real estate sector contributes 13.6% to Dubai’s GDP in 2018
The real estate sector in Dubai has achieved positive performance in 2018, boosting the emirate’s GDP growth, according to a…
Have you seen the Emirates A380 diamond lounge?
Dubai-based Emirates has shared a picture of its A380 'diamond' onboard lounge with fans on social media. "We know…
Impact Of Digital Disruption Worldwide
In our latest report, Tides of Disruption: How to navigate business transformation, we highlight key markets and their current readiness…