Bank Hapoalim, Microsoft join forces on Blockchain technology
Israel’s Bank Hapoalim and software giant Microsoft said Wednesday they would collaborate to set up a platform to create digital…
Regulation, Risk & Compliance
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Al Hilal Takaful appoints Emirates NBD unit to manage strategies
Al Hilal Takaful, the Islamic insurance subsidiary of Ahli United Bank with operations in Bahrain and Kuwait, has appointed Emirates…
Oman Qatar Insurance share offer opens for subscription
Oman Qatar Insurance Company SAOG (under transformation), a leading insurance company in Oman, has announced the opening of its Initial…
Oman replaces long-serving executive president of central bank
Oman is replacing the executive president of its central bank after he held the post for 26 years, the official…
Isle of Man firm to launch $325mln Dubai property priced in bitcoin
The Knox Group of Companies, with headquarters in the Isle of Man, announced late on Tuesday it will launch a…
DGCX sees surge in Euro and Rupee contract trades in August
The Dubai Gold and Commodities Exchange said that trading volumes in Euro futures rose to their highest monthly level in…
Diezani, ex-minister, son, others top Dubai assets list
Barely two weeks after the signing of six agreements with the United Arab Emirates, the Federal Government has initiated moves…
Why Green Sukuk Could be a Growth Driver for Islamic Finance
Created to fund projects with positive environmental benefits, green bonds have become rapidly popular in Europe and Asia while gaining…
BPL Global opens for business in Dubai
BPL Global, the leading specialist credit and political risk insurance (CPRI) broker, has been granted a brokerage license by the…
UAE to maintain interest rates 'until 2018' – report
The UAE is not expected to hike interest rates until 2018, according to a report by BMI Research. The…
VAT could emerge a cost centre for banks irrespective of rates
Implementation of Value Added Tax in the UAE starting from January 1, 20018 will have some adverse implications for the…
Economists tangle over risk of a Greek-style collapse in Turkey
Is Turkey on the road to becoming a new Greece? The question has divided economists who have delved into what…