ENBD REIT Completes Share Buy-Back Programme
ENBD REIT, the Shari’a compliant real estate investment trust managed by Emirates NBD Asset Management Limited, has announced that it…
Regulation, Risk & Compliance
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Abu Dhabi Global Market awards digital banking licence to Anglo-Gulf Trade Bank
Anglo-Gulf Trade Bank has received a full digital banking license and Category 1 status from the Financial Services Regulatory Authority…
Emirates NBD enhances data-driven decision making as first global bank to leverage SAP Financial Services Data Platform
Emirates NBD has partnered with SAP to become the first bank globally to implement SAP Financial Services Data Platform. …
Commercial Bank to issue bonds worth up to $700m: CEO
Commercial Bank, one of the largest conventional lenders in Qatar, is set to issue bonds worth up to $700m (about…
MoI cautions citizens, residents on anonymous, suspicious messages
The Ministry of Interior has reminded people to be cautious of anonymous and suspicious messages received through SMS, WhatsApp and…
Banks advised “Pay higher interest for Kuwaiti dinar deposits than US dollars”
The Central Bank of Kuwait has advised banks to pay higher interest for Kuwaiti dinar deposits than US dollar deposits,…
Federal Tax Authority Reaffirms: ‘Refunding Tax for Eligible Applicants a Direct Transaction Between Registrants and the FTA’
The Federal Tax Authority reaffirmed that refunding taxes for legally eligible applicants is a direct transaction between the registered business…
Improving Open Data access in UAE is key to startup success: whitepaper
Improving access to Open Data in the UAE would give startups in the country the knowledge and tools they need…
Saudi Arabia should consider raising VAT to 10%: IMF
Saudi Arabia should consider raising a value added tax (VAT) to 10% from the current 5%, the International Monetary Fund…
Aventicum Capital expands Qatar presence
Aventicum Capital Management Qatar the asset manager jointly established by Credit Suisse and the Qatar Investment Authority has acquired selected…
ENBD to hire banks for rights issue
Dubai’s biggest bank is close to appointing Citigroup Inc. and Morgan Stanley to manage a rights share offering of as…
GCC banks are catching up as clients become more demanding, says tech disruption report
As in other markets, the main risk of technological disruption for retail banks in the Gulf Cooperation Council is changes…