CCB lists $1.2b green bonds on Nasdaq Dubai
China Construction Bank Corp celebrated the listing of two green bonds of $700 million and $500 million, totaling $1.2 billion,…
Regulation, Risk & Compliance
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Ex-Guardian Wealth Qatar CEO hit with fine and ban
The QFC Regulatory Authority has announced that it had taken disciplinary action against the former CEO of Guardian Wealth Management…
QPay witnesses more than 4-fold jump in transactions in 2019
QPay, Qatar's e-commerce payment gateway, has witnessed a "remarkable" more than four-fold jump in transactions in 2019 and the direct…
UAE residents flying back to Dubai still require GDRFA approval
UAE residents flying back to Dubai continue to require approval from the General Directorate of Residency and Foreign Affairs (GDRFA)…
ADIO, ADQ join forces to boost Abu Dhabi's digital economy, startups
The Abu Dhabi Investment Office and ADQ, one of the region’s largest holding companies, will join forces to spur further…
DIFC launches new license starting at $1,500 for startups and entrepreneurs in Dubai
The Dubai International Financial Centre has launched a new Innovation License for startups, entrepreneurs and technology firms which choose to…
Dubai authorities clarify protocol for returning residents
Authorities in Dubai have outlined the four steps necessary for residents returning the emirate to comply with. As the…
Apple Maps can now provide turn-by-turn directions in UAE
Smartphone users across the country will now get turn-by-turn directions from Apple Maps while walking or driving, the tech giant…
Dubai fraudster David Haigh made bankrupt after losing $5m case
David Haigh, a convicted fraudster who led GFH Financial Group's (GFH) bid for an English football team, has declared bankruptcy…
New Faces at Oman’s Central Bank, Ministries as Deficit Swells
Oman replaced its finance minister and central bank chairman, consolidating ministries as it’s headed for one of the biggest budget…
Qatar’s Islamic banks fare well in 2019 balance sheet growth
Islamic banks have fared well in balance sheet growth than their conventional counterparts last year, the Qatar Central Bank (QCB)…
Gulf International Bank signs partnership with Alnahda
Gulf International Bank –Saudi Arabia recently announced the signing of a partnership agreement with Alnahda Society in Riyadh (Alnahda) to…