Regulation, Risk & Compliance

FinTech

DFSA welcomes Regulatory Sandbox applications for its 2020 Summer Cohort

April 22, 2020

DFSA supports the future of finance through innovation and Dubai’s SMART Initiatives The Dubai Financial Services Authority invites applications from…

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Islamic Finance

Oman Arab Bank gets regulatory nod for Alizz bank merger

April 22, 2020

Oman Arab Bank is set to proceed with its merger with Alizz Islamic Bank after securing regulatory approval for the…

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Property & Real Estate

Aldar teams up with banks to offer low interest rate home finance

April 22, 2020

Aldar Properties is partnering with banks in Abu Dhabi to offer home finance at low interest rates at some of…

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Hedge Funds & Alternative Investments

Newcastle owner Mike Ashley to bank £17m even if Saudi-funded takeover collapses

April 22, 2020

Newcastle United owner Mike Ashley could earn up to a staggering £17m even if the proposed sale to a Saudi…

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Insurance

UAE employers reminded of insurance obligations during Covid-19

April 22, 2020

Patients require medical insurance to receive care across government and private hospitals and health centres   UAE employers reminded of…

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Regulation, Risk & Compliance

CBK tells lenders to postpone customer dues

April 21, 2020

The Central Bank of Kuwait on Sunday instructed banks to postpone amounts due from coronavirus affected customers for six months…

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Regulation, Risk & Compliance

UAE borrows $7bn to counter slumping oil prices

April 21, 2020

The Emirate of Abu Dhabi has priced a $7 billion multi-tranche international bond offering as an integral component of its…

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FinTech

FAB, Etisalat Digital launch fully contactless digital invoicing solution for SME merchants

April 21, 2020

First Abu Dhabi Bank, FAB, has partnered with Etisalat Digital to launch a digital invoicing solution that caters to the…

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Coronavirus

Nasser Social Bank launches 15.5% savings certificate for medical staff

April 21, 2020

Nasser Social Bank approved the issuance of a new savings certificate for doctors and nurses.   A one-year certificate with…

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Coronavirus

Dubai’s largest bank sees decline in revenue over Coronavirus

April 21, 2020

Emirates NBD, Dubai’s largest bank, on Monday reported a 24 percent slide in first quarter net profits after making huge…

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Hedge Funds & Alternative Investments

Middle Easterners Apply for Citizenship by Investment From Dominica

April 21, 2020

Citizenship by Investment from the Commonwealth of Dominica remains in demand in the Middle East.    Earlier this month, Ambassador…

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Legal

Abu Dhabi 'Executive Regulation of Human Resources Law' released

April 21, 2020

The Abu Dhabi Human Resources Authority, HRA, announced on Sunday the release of the 'Executive Regulation of the Human Resources…

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