Coronavirus

Coronavirus

BNP Paribas activates emergency support plan in Bahrain in response to global health crisis

April 17, 2020

100,000 EUR will be donated to Bahrain’s national campaign against the coronavirus pandemic BNP Paribas and its subsidiaries around the…

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Coronavirus

Finance minister: Saudi Arabia facing current global crisis from position of strength

April 17, 2020

Saudi Finance Minister Mohammed Al-Jadaan said the Kingdom was facing the current global crisis from a position of strength, the…

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Coronavirus

UAE banks told not to terminate Emiratis or cut their salaries due to coronavirus

April 17, 2020

The UAE Central Bank has postponed Emiratisation target in the financial sector for 2020 and also asked banks not to…

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Coronavirus

Coronavirus And The Coming Financial Revolution

April 16, 2020

The coronavirus pandemic is one of the biggest and unprecedented seismic shifts in the global economy that we’ve ever seen…

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Coronavirus

Arab Africa Trade Bridges Program Outlines Actions to Support Developing Countries Cope with the COVID-19 Crisis

April 15, 2020

The International Islamic Trade Finance Corporation and its partners have approved an AATB Program Action Plan to support African and…

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Coronavirus

COVID-19: Dubai to cut property service charges this year

April 15, 2020

Dubai's property owners can look forward to paying lower service charges this year, as part of wider efforts to lower…

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Coronavirus

Economic downturn may see outflow of expats from GCC

April 15, 2020

Experts expect an outflow of expatriate workers from Gulf states as a result of the economic shock delivered by the…

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Coronavirus

Banks can't save Gulf economies

April 15, 2020

As the COVID-19 pandemic's economic damage continues, governments around the world are trying to intervene in the financial sector to…

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Coronavirus

IMF warns ‘vulnerabilities high’ in the Middle East hit with dual shock of coronavirus and oil plunge

April 15, 2020

The International Monetary Fund forecasts a dramatic contraction for Middle Eastern and North African economies this year, predicting a worse…

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Comment & Analysis

Looking Beyond COVID-19: How Companies Can Prepare for the Post-Pandemic Economy

April 15, 2020

As COVID-19 continues to sweep across the world, it is has undoubtedly taken the global financial markets by storm. Despite…

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Coronavirus

Jordan's banks to cut rates by 1.5% to spur economy hard hit by COVID-19

April 14, 2020

Jordan's responded to central bank calls to cut interest rates charged to small and medium sized firms and individuals feeling…

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Coronavirus

Saudi regulator revises initiatives to help banks fight COVID-19 challenges

April 14, 2020

The Saudi Arabian Monetary Agency has either postponed or temporarily eased many initiatives in its efforts to enable financial institutions…

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