QCB governor attends GCC meeting in Oman
HE the Governor of Qatar Central Bank Sheikh Abdullah bin Saoud al-Thani took part in the 72nd Meeting GCC Committee…
Regulation, Risk & Compliance
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UAE banks suspend credit, debit cards as customers don't update Emirates ID
Banks in UAE have started suspending credit and debit cards of some customers who haven't updated their Emirates ID details…
Bahrain central bank cuts one-month deposit rate -statement
Bahrain’s central bank said it cut its one-month deposit rate to 3.10 percent from 3.25 percent on Wednesday, but kept…
Oxford Business Group appoints new directors for Bahrain and Oman
To support the production of its forthcoming country 2020 reports on Oman and Bahrain, global research consultancy Oxford Business Group …
Sharia-Certified Crypto Exchange Lists XRP Paired With Six Fiat Currencies – The Ripple Effect
Sharia-compliant crypto exchange Rain just added XRP to its platform. The digital asset is one of a select number of…
Mauritius leader hails global role of Saudi crown prince
Showkutally Soodhun, the head of the ruling party of Mauritius, has praised the important changes being witnessed in Saudi Arabia…
CBD partners with Takaful Emarat
Commercial Bank of Dubai (CBD) recently commemorated its partnership with Takaful Emarat in providing payments and cash management solutions. …
Some UAE residents' credit, debit cards suspended for failing to update Emirates ID details, banks confirm
Banks in the UAE have suspended the accounts of customers who failed to update their Emirates ID details last month,…
Bahrain invites Indian fintech firms to set up base
The Bahrain Economic Development Board is inviting Indian firms . by providing "a plethora of opportunities to Indian fintech firms…
Top UAE Bankers Affirm Continued Support For Debt Settlement Bank Initiative
Top UAE bankers have affirmed their continued cooperation with the Debt Settlement Fund Initiative, aimed at easing debt burden for…
Kuwaitis' flats can be rented to expat bachelors
The head of the committee formed to follow up the phenomenon of bachelors living in private residential areas, says there…
UAE financial adviser consolidation gathering pace
Consolidation across the UAE’s financial advice industry is set to gather momentum due to regulatory changes, the pressure from investment…