UAE Central Bank to support banks in Covid-19 impact
The Central Bank of the UAE has confirmed their preparedness to support the banking system in mitigating the downside risk…
Regulation, Risk & Compliance
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Banque Havilland Investigated by FCA Over Qatar FX Manipulation
David Rowland’s Banque Havilland SA faces investigations by Britain’s financial regulator over its role in what the Qatari government has…
EY: Five MENA IPOs raise US$30.0b in Q4 2019
According to the EY MENA IPO Eye Report, IPO deal value in the MENA region witnessed a sizeable increase during…
Emaar to stop taking bookings at three Dubai hotels as Covid-19 hits demand
Dubai-based Emaar Hospitality will stop taking bookings at three hotels in Dubai starting next week, it was reported on Monday.…
Lebanon banks agree to ease some curbs on cash-starved depositors
Lebanese banks Tuesday agreed to lift certain restrictions imposed last year to stem a crippling liquidity crisis, the National News…
Emirates NBD holds its 13th General Assembly Meeting
Emirates NBD held its 13th General Assembly Meeting at the Bank’s Headquarters. At the General Assembly Meeting, a review…
$135bln invested in Fintech in 2019: KPMG
Global fintech investment in 2019 fell just shy of 2018’s record with $135.7 billion invested across 2,693 deals, according to…
Emirates NBD approves cash dividend of 40%
Emirates NBD recently held its 13th general assembly meeting at the bank's headquarters, where a review of the year ended…
Lebanon’s private creditors face significant losses, Moody’s warns
Moody’s Investors Service warned on Tuesday that private creditors faced significant losses as a result of the government’s decision to…
Record number of new firms join DIFC
The total of registered firms in the Dubai International Financial Centre (DIFC) reached 2,437 by the end of 2019 after…
Deal signed to train 11,000 Saudis in real estate sector
The Saudi Human Resources Development Fund (Hadaf) on Monday signed an agreement with the Real Estate General Authority to train…
Emirates NBD Digitizes Trade Finance With LiquidX
Emirates NBD, a leader in the Middle East, North Africa and Turkey region, has joined the LiquidX network, the latest…