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…
Regulation, Risk & Compliance
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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…
Solidarity Bahrain has no plans to shut any branch
Solidarity Bahrain has no plans to shut any branches and reduce staff numbers even as it goes ahead with a…
The IFSB database disseminates data for Islamic Banking systems in member countries, including Libya for the first time
The Islamic Financial Services Board has announced the dissemination of country-level data on financial soundness and growth of the Islamic…
Emirates NBD determined on UAE Paralympic success
The UAE’s pursuit of a record haul of medals at the quadrennial Paralympic Games in Tokyo in 2020 will receive…
UAE monetary base up to AED386.3 bn in August
The UAE monetary base increased to circa AED386.3 billion by the end of August, around 1.7 percent up from AED379…
RPT-UAE central bank cuts rates by 25 basis points
The United Arab Emirates central bank said on Wednesday that it was cutting interest rates applied on the issuance of…
ABK sponsors central bank’s International Banking Conference – Shaping the Future’
Al-Ahli Bank of Kuwait announced yesterday, that it is sponsoring the “International Banking Conference – Shaping the Future”, held under…
Saudi and UAE cut key rates following Fed, Kuwait stands pat
The central banks of Saudi Arabia and the United Arab Emirates cut their key interest rates on Wednesday, following the…
Lebanon central bank agrees to liquidation request from sanctions-hit bank
Lebanon's central bank said on Thursday it agreed to a request from Jammal Trust Bank, which was hit by U.S.…
Merkel urges return to Iran nuclear deal to defuse Middle East tensions
German Chancellor Angela Merkel on Tuesday called for a return to an international deal curbing Iran's nuclear activities as the…
Safe Haven ETFs to Grab Amid Middle East Tensions
The latest attacks on Saudi Arabia’s major crude facilities have made jittery investors resort to safer bets. The series…