Kuwait central bank announces stimulus to support vital sectors, SMEs
Kuwait’s central bank announced a stimulus package on Thursday to support vital sectors and small and medium enterprises amid the…
Regulation, Risk & Compliance
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Redundancy and restructuring in the UAE
Whenever there is a challenging economy, companies and employers have to consider making difficult decisions around the company costs and…
UAE appoints Abdulhamid Saeed as new central bank governor – government office
The United Arab Emirates' president appointed Abdulhamid Saeed as the new central bank governor, the government communication office said in…
World Bank ramps up support for fragile MENA countries
The World Bank has rolled out financial support efforts to address public health needs, particularly for developing countries, amid the…
UAE likely to see GDP growth of 2.5pc in 2020: report
The UAE's non-oil economy will likely see stagnation in the first half of 2020, according to the latest Economic Update…
How UAE is leading its war on the coronavirus pandemic
There is a reason why the UAE is ranked one of the safest countries of the world. It has the…
Bahraini court's ruling against Iranian Bank lacks legal value: FM Spokesman
Spokesperson for the Ministry of Foreign Affairs of the Islamic Republic of Iran has decried the Bahraini government’s ruling against…
Qatar fines Horizon Crescent Wealth QR30mn for violations
The QFC Regulatory Authority (QFCRA) yesterday announced that it had taken action against Horizon Crescent Wealth LLC (HCW) and imposed…
UAE's IA set to issue six-month delay on BOD-49 implementation
The United Arab Emirates Insurance Authority is to delay the implementation of its game-changing BOD-49 by six months, International Investment…
Central Bank of the UAE hosts its 3rd Board of Directors Meeting for 2020
The Board of Directors of the Central Bank of the UAE, held their third meeting this year via Video Conference…
UAE Central Bank discusses Targeted Economic Support Scheme to contain coronavirus
The Board of Directors of the Central Bank of the UAE, CBUAE, held its third meeting this year via video…
COVID 19: How Dubai banks can make your life, businesses easier this April
Emirates NBD, Dubai Islamic Bank, Emirates Islamic Bank, Mashreq Bank and Commercial Bank of Dubai have rolled out a series…