Qatar Offers Turkey $10Bn to Curb Lira’s Collapse
Turkey’s Central Bank has received $10 billion from a currency swap agreement it secured with Qatar on Wednesday, according to…
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Saudi British Bank completes 1st Phase with “Wethaq”
The Saudi British Bank has completed the first phase of automating bank guarantees through “Wethaq” digital platform,recently launched by The…
Bank Muscat AGM approves 35% cash dividend, 5% bonus shares
Bank Muscat held its Annual Ordinary General Meeting and an Extraordinary General Meeting of the bank’s shareholders using the electronic…
Abu Dhabi's Aldar sees steady revenues, but profits dip in Q1-2020
Abu Dhabi’s Aldar Properties recorded Dh1.76 billion in revenues for the first three months, and unchanged from last year. But…
Lebanese PM: central bank to intervene to protect Lebanese pound
Lebanon's central bank will intervene in the market starting from Thursday to protect the Lebanese pound whose declining value has…
Al Ahlia Insurance makes insurance purchase simple, easy and safe
Al Ahlia, one of Oman’s leading insurers, is helping customers buy and renew their motor insurance form the safety of…
Dubai's small businesses prep for tough Q2-20, with many expecting steep sales decline
A majority of UAE businesses – 56 per cent - are bracing for a drop in revenues by more than…
A 70% chance for global growth in 2021, says Abu Dhabi's Mubadala
The global economy is likely to recover from this year's virus-driven recession with 5 per cent growth in 2021, according…
UAE banks’ risk rise in bad loans: S&P
United Arab Emirates banks are at risk from a spike in bad loans over the next one to two years…
SALAMA announces AED 13.65 million profit for Q1 2020
Islamic Arab Insurance Company (“SALAMA”) has announced its reviewed financial results for the quarter ending March 31, 2020, reporting a…
Dubai Startup Jingle Pay Targets the Middle East With Digital Neobanking Services
Jingle Pay is bringing neobanking to the Middle East, starting with its home turf of the UAE. The neobank…
Doing business in The United Arab Emirates
The United Arab Emirates is often used as a base for Middle East and North African operations by companies attracted…