Uncategorized Archives - Page 1469 of 3971 - Managers of Wealth Middle East

The world’s wealthiest are sticking with stocks despite the coronavirus crisis, UBS finds

April 30, 2020

Wealthy investors and business owners are remaining optimistic about the longer term despite a sharp dip in short-term confidence due…

Hedge Funds & Alternative Investments

Dubai to Avoid Glare of Public Markets and Raise Bonds Privately

April 29, 2020

Dubai is in talks to raise billions of dollars of debt privately instead of following Gulf neighbors by tapping public…

FinTech

ADGM aims to use AI to automate licence application

April 29, 2020

Abu Dhabi Global Market has partnered with RegTech startup Nexus FrontierTech in its move to use artificial intelligence to automate…

Comment & Analysis

Global reinsurance capital growth seen to decline after 15% gain in 2019

April 29, 2020

The global reinsurance industry’s capital growth is expected to decline this year as stocks and bonds are hit by the…

Hedge Funds & Alternative Investments

Qatar Petroleum places big LNG carrier order with Chinese shipyards

April 29, 2020

QATAR Petroleum has signed an agreement to reserve LNG ship construction capacity at Chinese yards, in order to ensure that…

Executive Moves

Al Rayan Bank names new chief risk officer

April 29, 2020

Jerold Williamson has been appointed as chief risk officer at Al Rayan Bank, subject to regulatory approval. This is…

Comment & Analysis

British Business Group in the UAE launches new website to support companies

April 29, 2020

According to a survey conducted by the British Business Group in Abu Dhabi, Dubai and the Northern Emirates against the…

Legal

Bank closes Jersey branch after £475,000 fine

April 29, 2020

THE Jersey branch of a global bank is closing down its business and leaving the Island after being fined £475,000…

Financial Results

Saudi Arabia’s first-quarter budget slips into deficit at $9.1 billion as oil revenue slides

April 29, 2020

Saudi Arabia on Wednesday reported a first quarter budget deficit of $9.09 billion, as oil revenue was hit hard by…

Fraud & Ethics

Coronavirus: Hackers pose as Dubai Police to steal bank details

April 29, 2020

Cybercriminals are exploiting the anxiety over coronavirus by posing as UAE government officials to get people to disclose their bank…

Awards and Recognition

QIB wins 3 Global Banking & Finance Review awards

April 29, 2020

Qatar Islamic Bank has been recognised by Global Banking & Finance Review with three prestigious titles, in recognition of the…

Coronavirus

COVID-19 impact: UAE bank profits come under pressure

April 29, 2020

Early indicators from the first quarter results of UAE banks point to a spike in provisions on expected credit losses…

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