COVID 19: How Dubai banks can make your life, businesses easier this April
Emirates NBD, Dubai Islamic Bank, Emirates Islamic Bank, Mashreq Bank and Commercial Bank of Dubai have rolled out a series…
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Gulf Banks Put Brakes on Lending as Dollar Liquidity Crunch Looms
Gulf banks are limiting their lending to minimize potential losses from the coronavirus crisis and an expected squeeze in dollar…
Coronavirus Poses Downside Risks to Jordanian Banks
The spread of the coronavirus will add pressure to Jordanian banks and to the challenging domestic operating environment that was…
Abu Dhabi bank taps Lazard to advise on NMC, Finablr exposures
Abu Dhabi Commercial Bank hired Lazard Ltd. to advise on its exposure to NMC Health Plc and Finablr Plc, as…
UAE Exchange customers keep waiting for their money
Some UAE residents have become victims of the ongoing shutdown of operations at UAE Exchange Centre, with their funds getting…
Al Ramz Capital expands market-making activities on Nasdaq Dubai
Al Ramz Capital, a subsidiary of Al Ramz Corporation Investment and Development, has expanded its market-making activities in Nasdaq Dubai…
How long coronavirus survives on surfaces – and what it means for handling money, food and more
Coronavirus lives longer on some surfaces than others. Research suggests it lives for up to 72 hours on hard, shiny…
ADCB exposure to NMC Health could top $1b
Out of the $6.6 billion NMC Health has to pay off banks, the Abu Dhabi Commercial Bank’s exposure alone could…
NBB continues to implement measures to safeguard well-being of its employees and support individual customers
In an effort to exercise caution and safeguard the well-being of its staff members during these times of uncertainty, the…
Virtual G20 meet leads to new virus plan
G20 finance ministers and central bank governors met virtually on Tuesday to coordinate their efforts in response to the COVID-19…
Turkey widens emergency response with bond buying
Turkey’s central bank on Tuesday added to its emergency programme to help contain the economic fallout from the coronavirus outbreak…
Adnoc Distribution raises dividend to Dh2.57b
Adnoc Distribution raised its dividend payout to Dh2.57 billion, an increase of 7.5 per cent over last year. This was…