Qatar starts legal proceedings against FAB in New York in market manipulation row
The Qatar Financial Centre Regulatory Authority (QFCRA) said on Tuesday it has started legal proceedings in New York to compel…
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UnionPay Partners with Abu Dhabi Islamic Bank to Enable Contactless Payment on 15,000 Terminals throughout UAE
UnionPay International has partnered with Abu Dhabi Islamic Bank, to enable UnionPay card and contactless payment transactions on the bank's…
Commercial Bank of Dubai partners with Quwat Al Barq Businessmen Services to promote eDirham Cards
Commercial Bank of Dubai, one of the leading financial institutions in the UAE, entered into a partnership with Quwat Al…
In-Depth Analysis of Abu Dhabi and Fintech in 2020
The capital of the United Arab Emirates (UAE), Abu Dhabi, with its historically oil-driven economy has been diversifying to create…
Wealthy Gulf families are now taking lessons from kids on responsible investing
In the Gulf, the younger ones are handing out some lessons on investments with a humane touch. Or with an…
UAE's fintech industry can grow faster if on its own
What makes a city a sectoral hub? The people, the government and the infrastructure? Or staying ready with all of…
UAE banks' profits deteriorate; bad loans likely to go up
Profits of UAE’s top banks continued to deteriorate in the second quarter of the year as interest rates and credit…
Aldar Properties’ Noya project sold within four hours of launch
Abu Dhabi’s property developer Aldar Properties has confirmed that its residential community Noya, situated on Yas Island, was sold out…
Dubai developer Nakheel appoints new CEO
Dubai-based developer Nakheel has appointed Naaman Atallah as its chief executive officer. Atallah, who was most recently working as…
ADIB provides AED 91 million financing for UAE-based client to acquire UK Business Park
Abu Dhabi Islamic Bank has provided AED 91 million (£18.9 million) in Sharia’a-compliant structured financing for a private UAE-based client. …
How has the wealth management space fared in the GCC?
“When money realises that it is in good hands, it wants to stay and multiply in those hands,” author Idowu…
Qatar Sunday reports 167 new cases Covid-19, one death and 182 recoveries
The Ministry of Public Health (MoPH) on Sunday reported 167 new confirmed cases of coronavirus (Covid-19) during the last 24…