REFILE-UAE stimulus to help bank liquidity but virus may increase problem loans – Moody's
Ratings agency Moody’s said on Tuesday that a $70 billion UAE stimulus package will support bank liquidity and limit likely…
Regulation, Risk & Compliance
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Regulatory, stimulus measures to help UAE banks repel virus
The measures taken by the Central Bank of the UAE regarding the relaxation of Basel III regulations will help lenders…
Lebanon Draft Crisis Plan Sees Need for $10 bln-$15 bln and Depositor Contribution
Lebanon requires net external financing of $10 billion-$15 billion over the next five years to help it through its financial…
COVID-19: Economies need to be free of 'fear pandemic'
No business is ever set up to fail. No business can survive a government fiat that mandates the entire sector…
Dentons plays key role in Oman solar project finance deal
Dentons, a global law firm with a major presence in the UAE, said it had played a major advisory role…
DFSA Takes Measures to Support its Financial Community
The Dubai Financial Services Authority has announced a number of initiatives aimed to provide significant assistance and regulatory relief to…
UAE banks increasing aggression towards debtors during Coronavirus crisis
Around the world, governments, banks, landlords and utility companies are doing their best to alleviate the hardships suffered by people…
Qatar to sell triple-tranche dollar bonds amid low oil prices -sources
Qatar on Tuesday started marketing U.S. dollar-denominated bonds in tranches of 5, 10, and 30 years, sources familiar with the…
KPMG recommends steps to bolster cybersecurity in the COVID-19 era
The outbreak of Covid-19 poses a challenge to many businesses across the globe, also impacting information security as ill-wishing threat…
Lebanon speaker Berri to central bank governor: deposits are "sacred"
The Speaker of Lebanon's Parliament told Central Bank Governor Riad Salameh on Tuesday that people's bank deposits were "sacred" and…
UAE's $70bn stimulus will help bank liquidity but could increase problem loans, says Moody's
A $70 billion stimulus package from the UAE government will help bolster bank liquidity and limit asset deterioration amid the…
Oman Insurance members staying home get access to doctors using TruDoc 24×7
Oman Insurance Company has announced a service to help its members get access to doctors, wellness experts and pharmacies from…