Dubai and India to enhance financial collaboration
Dubai International Financial Centre has undertaken a successful mission to the state of Maharashtra, India. The delegation was led…
Regulation, Risk & Compliance
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Turkey plans to move central bank, treasury units to Istanbul
Turkey plans to commence transferring some units of its central bank and Treasury to Istanbul from the capital Ankara by…
Building the court of the future in Dubai: Amna Al Owais on leading DIFC Courts
If anything can be said about Dubai’s business landscape, it’s that it moves fast. The incredible rate of development and…
UAE's ADNOC signs shipping deal with Chinese firm
The Abu Dhabi National Oil Company,ADNOC, signed, on Tuesday, a Partnership Framework Agreement with Wanhua Chemical Group Co., Ltd.,Wanhua Chemical,…
Turkish central bank slashes rates below 20% in first shift since crisis
Turkey’s central bank slashed its key interest rate by a more than expected 425 basis points to 19.75% on Thursday…
IHG strengthens midscale portfolio in Dubai with signing of Holiday Inn Dubai Deira Islands
IHG has signed a management agreement to develop a new Holiday Inn hotel at the upcoming 'Dubai Deira Islands', the…
CBK Gov. sees higher bank profitability amid economic improvement
Banks' profitability is likely to stay healthy on back of better economic conditions, marginally higher interest income, improved credit off-take,…
State fund sells Gulf Bank stake
Kuwait Investment Authority has sold a 16.1 percent stake in Gulf Bank to Alghanim Trading Co for KD 152.93 million…
ADGM and OneConnect collaborate on FinTech development, innovation
The Abu Dhabi Global Market and OneConnect Financial Technology signed a Memorandum of Understanding to promote and develop FinTech innovation,…
AUB honours employees for offering innovative proposals
Six proposals by employees aiming at a better process, product or service offering, have been honoured by Ahli United Bank…
Bank ABC and Emirates NBD capital launch
National Bank of Oman has mandated Bank ABC and Emirates NBD Capital Limited to arrange on its behalf a USD…
ESIC issues $600mln sukuk
On 23 July 2019, Emirates Strategic Investments Company 100% owned by His Highness Sheikh Mansour Bin Zayed Al Nahyan, rated…