Banks in GCC, APAC adopting digital identity, biometrics, AI
Customers around the world are turning to digital platforms for daily operations, including banking transactions. The world is in…
Regulation, Risk & Compliance
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South Africa best gateway for Qatari firms to $2.2trn market
South Africa, Africa’s second largest economy, can serve as the best gateway for Qatari companies that are planning to expand…
Saudi oil struck, Fed cuts rates and China slows
The Noise In a widely expected move, the US Federal Reserve voted to cut interest rates for the second time…
ECB's monetary stimulus to continue, says QNB report
The European Central Bank has decided to launch a new stimulus package at the latest monetary policy meeting of its…
Banks worth $47 trillion adopt new U.N.-backed climate principles
Banks with more than $47 trillion in assets, or a third of the global industry, adopted new U.N.-backed “responsible banking”…
Dh80.96 billion sent home by expats in the first half of 2019
Expat remittances from the UAE amounted to Dh80.96 billion ($22.04 billion) during the first half of 2019, according to figures…
5.1 million employed in private sector by end of Q2 2019
Positive macroeconomic developments during the first and the second quarters of 2019 reflected on the UAE labor market as employment…
Oman has not discussed any Gulf aid package, says Central Bank
Oman has not discussed any aid package with its GCC allies, the president of its central bank was quoted as…
UAE govt spending tops $32 billion in Q1
The UAE consolidated government expenditure rose to Dh119 billion ($32.4 billion) during the first quarter (Q1) of 2019, a growth…
KFH, DISC Ink Partnership Agreement to Promote Employee Wellness
Kuwait Finance House signed a partnership agreement with the highly regarded Diversified Integrated Sports Clinic, one of the leading rehabilitation…
UAE bank warns customers: Don’t be tricked by magic pen
Do you believe in magic? Have you been tricked by magicians? Believe it or not, scammers can be magicians as…
Win for Dubai Bank as land firm’s appeal dismissed
A land company that had sued Dubai Bank (in liquidation) to restrain the lender from putting up its properties for…