UAE central bank urges commercial lenders to use stimulus scheme
The United Arab Emirates central bank on Sunday urged commercial lenders to use the $70 billion-worth of capital and liquidity…
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ECI inks strategic partnership with National Bank of Fujairah
In the wake of the COVID-19 outbreak, banking institutions in the UAE are establishing many new ways to help their…
Asset buffers and fiscal discipline protect Abu Dhabi from external shocks, says finance head
Abu Dhabi’s economy is "well cushioned" from external shocks such as the coronavirus pandemic and volatility in oil markets, the…
A.I. to fight security breaches
Digital fraud continues to flourish, with recent surveys finding that security breaches have increased 67 per cent since 2014 and…
Qatar- Ahlibank reports net profit of QR180.4m for first quarter
Ahli Bank (Ahlibank) has recorded a net profit of QR180.4m for the first three months of 2020, an increase of…
Bahrain’s Kuwait Finance House joins ‘Skiplino’ app
Kuwait Finance House–Bahrain has announced joining the ‘Skiplino’ application. The app allows the bank’s customers to remotely make appointments via…
Keep moving and motivated with #cando
Here at Canaccord Genuity Wealth Management, our priority is the long-term wellbeing of our employees, clients and business contacts. As…
UAB's shareholders raise foreign ownership to 40%
The ordinary general meeting of United Arab Bank has approved raising the foreign ownership limit to 40%, setting the national…
Banks in Bahrain warned against wage funds misuse
Banks have been warned against misusing funds deposited by the government to pay wages of Bahraini employees in the private…
Islamic Authority and Arab States in a Time of Pandemic
As the new coronavirus and its economic and political consequences ripple cross the Arab world, Arab regimes are facing an…
Citrix appoints new Vice President for Networking in EMEA
Citrix has announced the appointment of Darren Fields to the position of Vice President, Networking EMEA. Previously Regional Vice…
Kuwait Syrian Holding posts 40% lower loss in 2019
Kuwait Syrian Holding Company’s net losses totalled KWD 345,017 ($1.11 million) in the fiscal year (FY) 2019 when compared to…