Libya’s banking woes escalate with conflict
Banks in Libya have been foundering for years under the weight of worsening chaos and UN Envoy Ghassan Salame warned…
Regulation, Risk & Compliance
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Abu Dhabi in talks with banks for new debt issues – sources
Abu Dhabi has been in talks with banks for potential debt sales in the international markets this year as the…
OAB Signs Agreement with Majan Lounge
Oman Arab Bank recently signed an agreement with Majan Lounge at the Muscat International Airport. The agreement will see…
Dubai Crown Prince approves decision to waive Dubai government services fees
H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, approved…
ADNOC Logistics testing biofuel to reduce fuel consumption
ADNOC Logistics & Services will test biofuel as a bunkering fuel for ships, in an effort to comply with the…
UAE businesses optimistic about resilient economy
The global economy is certainly bearing the headwinds with China's coronavirus outbreak, India is facing a slowdown, Brexit is here…
UAE allocates $2bn for investment projects in Mauritania
The UAE announced, Sunday, that it has allocated $2 billion to Mauritania for the implementation of investment and development projects,…
Global women's forum aims to promote inclusion
A series of high-profile speakers are set to inspire audiences at this year’s Global Women’s Forum Dubai. Guests will…
ADCB to exit its operations in Jersey to focus on home market
Abu Dhabi Commercial Bank will exit its operations in Jersey to focus on its home market in the UAE. …
Former Lebanon economy chief in plea for $25bn bailout plan
A former Lebanese economy and trade minister has called for a second Paris summit to bail out the debt-ridden nation…
Lebanon PM signs 2020 state budget with $700m spending cuts
Lebanese Prime Minister Hassan Diab has today signed off on the 2020 state budget and referred the plan to President…
Lebanon Banks Tighten Withdrawal Caps, Sparking Outcry
Major banks in Lebanon began tightening banking controls this month, halving the amount of dollars depositors are allowed to withdraw…