COVID-19 special: Spotlight on sectors
Summary The COVID-19 crisis and country shutdowns is placing enormous pressure on the earnings, cash flows and balance sheets of…
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Don’t let bad news faze you and control what you can
The new financial year has started on an uncertain note—of a kind that you may not have dealt with earlier—with…
Coronavirus Survival Guide For Wealth Manager
The paradigm shift brought about by coronavirus is forcing the wealth management industry to formulate strategies and come up with…
Qatar fines Horizon Crescent Wealth QR30mn for violations
The QFC Regulatory Authority (QFCRA) yesterday announced that it had taken action against Horizon Crescent Wealth LLC (HCW) and imposed…
Standard Chartered launches US$50m COVID-19 assistance fund
In keeping with its brand promise to be Here for good, particularly in times of adversity, Standard Chartered (the Group)…
UAE's IA set to issue six-month delay on BOD-49 implementation
The United Arab Emirates Insurance Authority is to delay the implementation of its game-changing BOD-49 by six months, International Investment…
Microsoft launches new Microsoft 365 Personal and Family subscriptions
Microsoft today announced the evolution of its Office 365 offerings for consumers into Microsoft 365 Personal and Family subscriptions, with…
Central Bank of the UAE hosts its 3rd Board of Directors Meeting for 2020
The Board of Directors of the Central Bank of the UAE, held their third meeting this year via Video Conference…
Coronavirus, low oil prices threaten GCC insurers’ earnings- S&P
The coronavirus pandemic and the oil price shock threaten earnings of GCC insurers, possibly leading to negative rating actions in…
Saudi Arabia pumps 12m barrels of oil for the first time
Saudi Arabia pumped more than 12 million barrels of oil on Wednesday for the first time in its history. …
UAE Central Bank discusses Targeted Economic Support Scheme to contain coronavirus
The Board of Directors of the Central Bank of the UAE, CBUAE, held its third meeting this year via video…
Bahrain pays back $1.25bln in bonds – statement
Bahrain has paid back $1.25 billion in bonds that matured on March 31, the Ministry of Finance and National Economy…