Kuwait MP set to grill finance minister over fund corruption
Kuwait’s MP Riyadh Al Adsani has vowed to reveal any details related to the Malaysian Fund in his question put…
Regulation, Risk & Compliance
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OECD recognises UAE's efforts in fighting coronavirus
The Organisation for Economic Cooperation and Development, OECD, has recognised the determined efforts of the United Arab Emirates in fighting…
Qatar achieves self-sufficiency in essential products; supply chain well diversified: KPMG
Qatar has achieved self-sufficiency in most of the essential products of daily use including milk and several other perishables, KPMG…
Remittances from UAE to drop
Foreign remittance transactions from the UAE to India and other major recipient countries are expected to plummet by up to…
Businesses thrilled to resume work in UAE
The reopening of businesses and ease of restrictions on movement are steps in the right direction that will help revive…
Emirates NBD transforms property rental with finance program
Emirates NBD partners with startup property technology company Urban to transform financing for property rentals. Emirates NBD - a…
We’ll beat this: Crown prince vows Saudi Arabia will overcome virus pandemic
Saudi Arabia will defeat the coronavirus pandemic and “we are heading toward the good,” Crown Prince Mohammed bin Salman said…
Dubai Financial Services Authority to host RegTech Live event
The Dubai Financial Services Authority (DFSA) will be hosting a virtual event on the 2nd and 3rd of June. The…
The COVID-19 Pandemic Is Having an Unprecedented Impact on Financial Markets Globally and Regionally
Around 200+ senior banking sector officials in the region attended KPMG’s webinar “Covid-19: Implications for the GCC banking sector” to…
Lebanon's government welcomes banks' input in rescue plan
Lebanon's government on Friday welcomed a contribution by local banks to a financial recovery plan but said there were issues…
UAE Exchange starts issuing refunds – report
Money exchange firm UAE Exchange has started issuing refunds to some customers whose transactions had been delayed, according to a…
Mashreq provides help to a quarter of its retail clients through Covid-19 scheme
A quarter of Mashreq Bank’s retail customers have so far been provided government-led relief measures to ease their financial burden…