UAE cyber experts unite to warn against unprecedented criminal threat
Businesses, banks, governments and the public are facing a rising threat from increasingly sophisticated cyber criminals. A series of…
Regulation, Risk & Compliance
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UBF 2018 annual report highlights well-capitalised, highly liquid UAE banking sector
UAE Banks Federation has officially released its annual report for the year 2018, shedding light on the significant progress and…
Total UAE banking assets hit $780bn, largest in Arab world
Total banking assets at the end of December 2018 reached $780 billion, maintaining the UAE banking sector’s position as the…
QIMC signs agreement with Doha Bank to finance QR230m project
Qatar Industrial Manufacturing Company has signed an agreement with Doha Bank to finance its project, The Gulf Glass Factory, for…
Financial guarantee of KD 40,000 for domestic recruitment bureaus
The official spokesperson and Director of Public Relations at the Public Authority for Manpower Aseel Al-Mizyad affirmed that a letter…
ADCB launches real time trade finance for customers on dltledgers Blockchain platform
The UAE's Abu Dhabi Commercial Bank has digitised trade finance for its customers using the Singapore-based dltledgers Blockchain platform. ADCB…
Abu Dhabi plans first dollar bond issue in two years – sources
Abu Dhabi plans to issue U.S. dollar-denominated bonds this year, three sources familiar with the matter said, its first since…
UAE banks asked to treat males, females equally while giving loans
The UAE Central Bank has asked banks and financial institutions in the country to treat male and female customers equally…
Dubai’s Biggest Bank Seeks to Raise Foreign Ownership Limit
Emirates NBD PJSC, the biggest bank in Dubai, plans to open up to more foreign shareholders as the United Arab…
UAE’s Utico Signs Restructuring Agreement With Hyflux
UAE headquartered utilities company, UTICO, has signed and released a restructuring agreement with Hyflux, which will give it 88 per…
Dubai Land Department & BSA launch joint initiative to streamline UAE’s real estate sector
Dubai Land Department and BSA Ahmad Bin Hezeem & Associates LLP subscribed to the Real Estate Lawyer initiative launched to…
Banks in Qatar to issue uniform demand guarantee letter soon
All banks in Qatar will soon issue a uniform demand guarantee letter to customers, with the Qatar Central Bank poised…