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…
Regulation, Risk & Compliance
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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…
QFB holds AGM to discuss performance, future initiatives
Qatar First Bank held its annual general meeting Tuesday to discuss the bank’s performance and future initiatives after releasing its…
Qatar issues $10bn bonds in international debt markets
Qatar has issued $10bn in bonds in tranches of five, 10, and 30 years yesterday, thus becoming the first sovereign…
Lebanese banks set 2,600 pounds to dollar rate for small accounts
Lebanese banks are to apply an exchange rate of 2,600 pounds per dollar for withdrawals from small accounts of up…
Lebanon to audit central bank accounts
Lebanon will audit its central bank’s accounts in a bid to show transparency after launching debt restructuring talks with creditors,…