Coronavirus Archives - Page 49 of 64 - Managers of Wealth Middle East

Bahrain's Al Baraka Bank looks for acquisitions as coronavirus pandemic hits valuations

May 8, 2020

Al Baraka Banking Group, a Bahrain-based Sharia-compliant lender, plans to expand its footprint in Asia including India, China and Indonesia…

Coronavirus

QCB launches instructions for financial institutions to address coronavirus risks

May 7, 2020

The Qatar Central Bank (QCB) has launched a package of instructions for financial institutions operating in the country with a…

Coronavirus

Two UAE banks cut credit card limits as COVID-19 crisis deepens

May 7, 2020

If you activate several new cards, apply for a personal loan or carry a high debt, your limit could be…

Coronavirus

From Chaos to Catalyst by Paul Roehrig

May 7, 2020

Thanks to a small bit of contagious RNA — what Nobel Prizewinning biologists poetically called “bad news wrapped in protein”…

Coronavirus

Saudi Arabia announces penalties for those breaching coronavirus measures

May 6, 2020

People violating measures designed to stop the spread of coronavirus could be sent to jail, Saudi Arabia’s interior ministry said…

Coronavirus

UAE banks will be able to 'manage' COVID-19 economic shock – Central Bank

May 6, 2020

The coronavirus that continues to rage around the world and drags the global economy to a near standstill will test…

Coronavirus

Coronavirus: UAE Higher Sharia Authority approves COVID-19 parameters

May 5, 2020

The Higher Sharia Authority for financial and banking activities in the UAE held its second meeting of 2020 on April…

Comment & Analysis

Saudi Arabia hit with Moody's downgrade, prepares for 'painful' measures — but can likely weather the storm

May 5, 2020

Saudi Arabia is preparing to enact “strict, painful measures” in the face of its worst growth contraction in two decades…

Coronavirus

Coronavirus impact: E-commerce businesses grow faster in Dubai

May 4, 2020

Dubai Economy on Saturday announced that 943 'DED Trader' licences were issued in the first-quarter of 2020, an increase of…

Comment & Analysis

GCC bank credit profiles to weaken despite massive economic stimulus

May 4, 2020

The credit profiles of GCC banks are set to weaken due to the coronavirus pandemic and lower oil prices despite…

Coronavirus

Higher Shariah Authority at Central Bank issues guidelines for COVID-19 relief

May 4, 2020

The Higher Shariah Authority for financial and banking activities recently met and reviewed COVID-19 pandemic’s effects on the economy and…

Coronavirus

GCC's road to recovery amidst the Covid-19 pandemic

May 4, 2020

Oil prices have declined massively since March, as Russia and Saudi Arabia could not reach an agreement at that time…

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