Has the Fed Cancelled Bankruptcy? – Sanctum Wealth Management
The Fed risks creating distorted signals with its bond support program Hertz in bankruptcy raises equity!! Investors increasingly have…
Uncategorized
47651 articles found
DIFC back to business with offices, retail outlets and restaurants open
Dubai International Financial Centre has welcomed back clients, visitors, retailers and restauranteurs at the Centre. “The health and safety…
Abraaj ex-CEO’s alleged theft cost the firm $385m – liquidators
Liquidators overseeing Abraaj Group’s insolvency now estimate chief executive officer Arif Naqvi’s alleged theft to have cost the firm $385m,…
Bahrain planning to set up specialised banking court
Bahrain Association of Banks is considering the establishment of a specialised banking court to help speed up procedures and strengthen…
DFSA and Deloitte Middle East publish discussion paper on Digital Assets Custody
DFSA’s Innovation Strategy contributes to the Dubai International Financial Centre’s (DIFC) Future of Finance agenda Paper aims to further support…
Burgan Bank enhances customer experience with electronic virtual assistant "Banki"
Demonstrating its leadership as an innovative financial solutions provider, Burgan Bank recently launched its voice enabled artificial intelligence-powered banking chatbot…
Lockdown could trigger exodus of expats from UAE
Lockdown measures worldwide have helped slow the spread of coronavirus, but some of the fallout has been more acute for…
Commercial Bank of Dubai allows foreign ownership of its shares
Commercial Bank of Dubai, which counts Investment Corporation of Dubai as its biggest shareholder, became the latest lender in the…
Winning investments: UAE Mubadala's 2019 income surges to $14.43bln
Abu Dhabi's state investor, Mubadala Investment Company, has seen a big surge in its comprehensive income at 53 billion UAE…
Saudi Arabia considers cancelling hajj for first time in modern history
Saudi Arabia is considering cancelling the hajj pilgrimage season for the first time since the kingdom was founded in 1932,…
Oman's Taageer Finance shareholders approve up to $25.97mln bond issuance
Shareholders of Oman’s Taageer Finance Company have approved the issuance of up to 10 million Omani riyals ($25.97 million) unsecured…
Turkish banks' short-term funding fix poses risks in COVID-19 aftermath
Turkish banks’ reliance on short-term foreign currency debt is proving a concern for investors as it risks piling on pressure…