BMCE Bank of Africa / BMCE BANK International Plc gets DIFC category4 license
BMCE Bank of Africa/ BMCE BANK International Plc announced getting the DIFC category4 license on March 11, 2020, which will…
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EFG Hermes concludes advisory on Al Habib Group’s $700 million IPO
EFG Hermes, a leading financial services corporation in Frontier Emerging Markets, has announced that its investment banking team had successfully…
UAE FinTech platform Rise raises over $1 million for GCC expansion
UAE FinTech platform Rise, which offers financial products and services for modest-income migrants, raised over $1 million (Dh3.67m) to expand…
Barclays cuts 2020 crude forecasts by $12 on virus, OPEC+ deal collapse
Barclays on Tuesday slashed its oil price forecasts for 2020, citing considerable downward pressure on the market from a Saudi-Russian…
Non-resident deposits in commercial banks post faster expansion: QCB
Non-resident deposits, which are about 14% of Doha's commercial banks' liabilities, witnessed faster expansion than resident and total deposits in…
Khalifa Foundation receives donation from Dubai Islamic Bank
The Khalifa bin Zayed Al Nahyan Foundation received a AED1.2 million donation from Dubai Islamic Bank, to support its efforts…
Turkish banks delay loan payments to ease the impact of COVID-19
Turkey’s Ziraat Bank, Halkbank and Vakifbank will allow their clients to postpone repaying debt by three months, following the recommendations…
Beyond coronavirus: The path to the next normal
The coronavirus is not only a health crisis of immense proportion—it’s also an imminent restructuring of the global economic order.…
The Decline and Fall of the Gulf's Oil Empire Is Looming
For much of the world, oil wealth is a curse. Endowed with ample reserves of hydrocarbons, the likes of Nigeria,…
New Report Exposes Nigerians Owning Property in Dubai
The Chairman, Progressives Governors Forum, Alhaji Atiku Bagudu, a lawmaker representing Enugu West Senatorial District, Senator Ike Ekweremadu and former…
Taking Care of Your Mental Health in the Face of Uncertainty
Human beings like certainty. We are hard-wired to want to know what is happening when and to notice things that…
Saudi Arabia implements urgent measures to mitigate impact of coronavirus on economy
The Saudi government is moving decisively to address the unprecedented effects and consequences of the COVID-19 , Saudi Minister of…