Abu Dhabi bank ADCB says no layoffs in 2020 due to Covid-19 impact
Abu Dhabi lender ADCB Group – which includes Al Hilal Bank – has announced that no employee will be made…
Uncategorized
47651 articles found
Abu Dhabi Islamic Bank's shareholders approve increase in foreign ownership limit
Abu Dhabi Islamic Bank secured shareholders’ approval to raise its foreign ownership limit to 40 per cent, up from the…
Turkey doubles guarantees on loans to spur credit
Turkey is turning on the credit taps, spearheaded by state-owned lenders, to help its economy weather the storm caused by…
Are foreign banks in the UAE helping customers affected by Covid-19?
As the coronavirus outbreak continues to ravage economies across the globe, major banks in the UAE have rolled out measures…
COVID-19: Dubai to inject new equity into Emirates airline
Dubai's Crown Prince Sheikh Hamdan bin Mohammed said on Tuesday the government is committed to fully support Emirates airline and…
COVID-19 fightback: UAE banks learn value of remote banking
Banking customers in the UAE should consider using online and mobile banking channels to support the UAE government’s effort to…
Moody's – GCC and Malaysia to drive Islamic finance growth
Sukuk issuance is set to remain stable at around $180 billion this year There are downside risks from the coronavirus…
Why the stock market crash could be the buying opportunity of a lifetime
While most private investors are horrified to see share prices crash, as this hammers the value of their pensions and…
Egypt's central bank places limits on cash withdrawals
Egypt's central bank on Sunday said it had instructed banks to put temporary limits on daily withdrawals and deposits amid…
Lebanon to finalise turnaround plan by year-end to mend 'broken' economy, finance minister says
Lebanon’s economic model of a high interest rate regime that attracted billions of dollars in deposits is “broken” and the…
UAE Central Bank urges banks to prioritise remote working as a measure against coronavirus
The UAE Central Bank encourages banks, financial institutions and exchange houses to prioritise remote working, except for 30 per cent…
Bahrain’s GIB Hires Deutsche Bank’s Jamal Al Kishi as CEO
Jamal Al Kishi, Deutsche Bank AG’s chief executive officer for the Middle East and Africa, has quit to join Bahrain-based…