Egypt- Banque du Caire opens regional office in UAE for Gulf customers
Banque du Caire announced it has opened a representative office in the United Arab Emirates as a focal point between…
Regulation, Risk & Compliance
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Egypt affirms support for the African Development Bank, regional integration agenda
Egypt has affirmed its strong support for the African Development Bank as a development partner and is committed to strengthening…
Government and businesses to accelerate entrepreneurial growth
The region’s best entrepreneurship development initiatives and the most important drivers of entrepreneurial success were in focus at the ‘SME…
CBUAE foreign currency assets hit AED348 bn in January
The total foreign currency assets held by the Central Bank of the UAE stood at AED348 bn by the end…
Abu Dhabi state investor Mubadala halts business with Goldman Sachs amid 1MDB lawsuit
Abu Dhabi state investor Mubadala has suspended new business dealings with Goldman Sachs since its subsidiary filed a lawsuit in…
CBQ to power opening round of MERC in Qatar
Commercial Bank has signed a sponsorship agreement with the Middle East Rally Championship (MERC), under the auspices of the Federation…
Dubai and Hong Kong to forge strong investment, trade ties
In line with the efforts to intensify investment and economic relations between two leading global business hubs, top level officials…
Law tackling gray economy by limiting cash deals lurches real estate market
Moves to reduce Israel’s shadow economy and curb tax evasion appear to have already impacted residential real estate transactions, with…
DFSA signs MoU with Bank Al Maghrib
The Dubai Financial Services Authority has signed a Memorandum of Understanding with Morocco’s Bank Al Maghrib to cooperate in the…
Barwa Bank sets eyes on growth fuelled by Qatari economy
Barwa Bank Group convened its annual general meeting (AGM) and extraordinary general meeting (EGM) at the Four Seasons yesterday. …
UAE regrets inclusion in EU tax blacklist
The United Arab Emirates has slammed a European Union decision to add it to a tax haven blacklist despite the…
Dubai-based crypto firm to stop using Alibaba name
A Dubai-based cryptocurrency firm will stop using the name ‘Alibabacoin’ after reaching a settlement with Chinese e-commerce giant Alibaba Group…