Regulation, Risk & Compliance

Regulation, Risk & Compliance

CBUAE, ADGM & DIFC issues a joint guidance for banks and finance companies on the application of IFRS9 during COVID-19 pandemic

April 6, 2020

The Central Bank of the UAE, the Financial Services Regulatory Authority  of Abu Dhabi Global Market and the Dubai Financial…

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Comment & Analysis

Economic Policies for the COVID-19 War

April 6, 2020

The COVID-19 pandemic is a crisis like no other. It feels like a war, and in many ways it is.…

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Comment & Analysis

The evolution of diversity and inclusion in the UAE

April 6, 2020

Business Chief talks to Noor Alhashmi, SVP of Human Capital at Abu Dhabi Finance, to discuss diversity and inclusion in…

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Coronavirus

ِAl-Mashat discusses with Egypt's development partners advancing mutual cooperation in face of COVID-19

April 6, 2020

Minister Rania Al-Mashat chaired a video conference meeting with more than 100 professionals representing heads of country offices, development professionals…

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Coronavirus

COVID-19 fight: Movement restrictions should not worry UAE bank customers

April 6, 2020

The 24-hour movement restrictions on Dubai residents as part of the massive sanitization drive to fight the spread of COVID-9…

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Coronavirus

Emirates NBD and Emirates Islamic jointly contribute funds to UAE Ministry of Education

April 6, 2020

Emirates NBD and Emirates Islamic have contributed AED 4 million (from their Charity Fund) to the UAE’s Ministry of Education…

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FinTech

Africa and Gulf Bank selects Path Solutions for strategic Islamic core banking implementation

April 6, 2020

In line with its new vision to fuel innovation, Africa and Gulf Bank  in Sudan has signed an agreement with…

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Coronavirus

UAE central bank boosts anti-coronavirus stimulus to $70 billion

April 6, 2020

The United Arab Emirates’ central bank announced new measures to guarantee liquidity in the banking system in the face of…

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Islamic Finance

Dubai Islamic Bank discloses Dh1.55 billion exposure to NMC

April 6, 2020

Dubai Islamic Bank on Sunday disclosed to the Dubai Financial Market that it has an approximate exposure of $424 million…

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Regulation, Risk & Compliance

UAE Central Bank Boosts Anti-Coronavirus Stimulus to $70 Bln

April 6, 2020

The United Arab Emirates' central bank announced new measures to guarantee liquidity in the banking system in the face of…

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Islamic Finance

International Islamic Trade Finance Cooperation provides US$850 million for COVID-19 Emergency Interventions for Organization of Islamic Cooperation (OIC) Member Countries in Most Need

April 6, 2020

Societies and economies are being affected by the unprecedented and unpredictable nature of the COVID-19 pandemic. These include a major…

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Insurance

Firms given extra 6 months to implement seismic UAE regulation

April 3, 2020

The UAE’s Insurance Authority has decided to extend its commission capping regulation for six months.   The succinctly-named Insurance Authority…

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