Bahrain's KHCB gets shareholder approval for delisting from Dubai's DFM
Khaleeji Commercial Bank’s shareholders agreed to delist the bank’s shares from Dubai Financial Market, the Bahraini bank said in a…
Regulation, Risk & Compliance
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Acting selfishly has consequences right now – why ethical decision making is imperative in the coronavirus crisis
As the country moves into lockdown mode in response to the COVID-19 pandemic, we are increasingly faced with serious ethical…
Qatar Airways offers 10 per cent bonus on rebookings, commits to continue flights
Qatar Airways has announced an update to its flight change fee waiver policy, offering an additional 10 per cent of…
Emirati banks offer 98% of services to customers electronically
Over the past three years, the UAE’s banking sector has expanded, and now it provides 98 percent of its services…
Islamic Corporation for the Development of the Private Sector Emergency Response to the Impact of the COVID-19 Pandemic
On 11th March 2020, the World Health Organization (WHO) declared COVID-19 a pandemic. ICD (ICD-ps.org) is deeply concerned about…
Jordan finance minister says IMF approves $1.3bn reform program
Jordan’s finance minister said on Wednesday the IMF had approved a four-year, $1.3bn funding program that signalled confidence in the…
KFH-Bahrain defers payment of installments without charges for six months
Kuwait Finance House – Bahrain has announced postponing the personal financing installments for all Bahrainis and residents’ individual clients and…
Abu Dhabi banks announce 17 financial initiatives for the community and businesses
The Abu Dhabi Government has unveiled a comprehensive package of financial incentives, in line with the directives of His Highness…
Qatar banks to delay loan installments for six months for virus-hit sectors-central bank
Qatar's central bank approved the postponement of loan installments and interest for six months for sectors affected by the coronavirus…
Gulf countries pledge over $120bn stimulus to combat corona fallout
Six members of the Gulf Cooperation Council have pledged over $120 billion to help their economies fight the impact of…
COVID-19: UAE Central Bank directs banks to replenish ATMs with new banknotes, disposable gloves
The Central Bank of the UAE has directed banks to replenish ATMs with new banknotes of all denominations and to…
Lebanon facing tough debt restructuring, but bonds cheap:Morgan Stanley
Lebanon faces a complex and difficult debt restructuring that could take up to two years, Morgan Stanley has estimated, though…