COVID-19 fight: Movement restrictions should not worry UAE bank customers
The 24-hour movement restrictions on Dubai residents as part of the massive sanitization drive to fight the spread of COVID-9…
Regulation, Risk & Compliance
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Emirates NBD and Emirates Islamic jointly contribute funds to UAE Ministry of Education
Emirates NBD and Emirates Islamic have contributed AED 4 million (from their Charity Fund) to the UAE’s Ministry of Education…
Africa and Gulf Bank selects Path Solutions for strategic Islamic core banking implementation
In line with its new vision to fuel innovation, Africa and Gulf Bank in Sudan has signed an agreement with…
UAE central bank boosts anti-coronavirus stimulus to $70 billion
The United Arab Emirates’ central bank announced new measures to guarantee liquidity in the banking system in the face of…
Dubai Islamic Bank discloses Dh1.55 billion exposure to NMC
Dubai Islamic Bank on Sunday disclosed to the Dubai Financial Market that it has an approximate exposure of $424 million…
UAE Central Bank Boosts Anti-Coronavirus Stimulus to $70 Bln
The United Arab Emirates' central bank announced new measures to guarantee liquidity in the banking system in the face of…
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
Societies and economies are being affected by the unprecedented and unpredictable nature of the COVID-19 pandemic. These include a major…
Firms given extra 6 months to implement seismic UAE regulation
The UAE’s Insurance Authority has decided to extend its commission capping regulation for six months. The succinctly-named Insurance Authority…
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…
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…