DFSA Takes Measures to Support its Financial Community
DFSA providing a series of significant regulatory relief measures Measures allow financial services firms to focus attention on protecting the…
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Fitch revises HSBC Bank Middle East's outlook to negative
Fitch Ratings has revised UAE-based HSBC Bank Middle East Limited's Outlook to Negative from Stable, while affirming the bank's Long?Term…
Short-term impact of COVID-19 on UAE logistics sector: Knight Frank
The long-term outlook of the UAE’s industrials and logistics markets remain strong despite the short to medium-term challenges due to…
Saudi futuristic city turns into a mirage in Covid-19 era
In the Red Sea coastal province of Tabuk, where the futuristic city of NEOM was meant to rise from the…
UAE-based agtech Pure Harvest secures $100 million commitment from Kuwait’s Wafra, raises $20.6 million Series A
Pure Harvest, a UAE-based agtech business has secured a $100 million multi-stage investment commitment from Wafra, a Kuwaiti investment firm…
Blockchain paves the way for genuine innovation in Islamic finance
With the coronavirus continuing to ravage the world and close to a fifth of the world’s population — or 1.5bn…
COVID-19 exit: UAE economy can expect a second-half bounce
The UAE’s stimulus package should start seeing results from the second-half of the year... but until then, the economy will…
ADCB Group Completes Complex Three-Bank Integration to Create Fully Unified, Powerful Banking Group
Abu Dhabi Commercial Bank Group PJSC (ADCB Group) has achieved full integration of Union National Bank (UNB) and Al Hilal…
Stimulus measures will help GCC banks remain stable
The sharp decline in oil prices, accelerated real-estate price corrections, and drop in vital non-oil economic sectors will pressure the…
World Health Day 2020: Things to do during lockdown
Every year, April 7 is celebrated as World Health Day to spread awareness about maintaining good health and a balanced…
CBUAE, ADGM & DIFC issues a joint guidance for banks and finance companies on the application of IFRS9 during COVID-19 pandemic
The Central Bank of the UAE, the Financial Services Regulatory Authority of Abu Dhabi Global Market and the Dubai Financial…
Are there any safe havens in this global market crash?
As stock market volatility looks set to continue for some time, investors can be forgiven for wanting to flee the…