Commercial Bank launches campaign for Diners Club credit card holders
Commercial Bank is launching an “exclusive campaign” for its “valued customers” holding the elite Diners Club Credit Card, to make…
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National Bank of Kuwait Sells $750 Million in Perpetual Bonds
The National Bank of Kuwait sold US$ 750 million of perpetual bonds offering a 4.5% yield. The global coordinators…
A Global View Of GDPR PRogress
This research reflects practical difficulties and regional differences in levels of adherence to GDPR across Europe, the United States, …
Burgan Bank appoints Al-Haqhaq as Deputy Group Chief Executive Officer
Burgan Bank announced yesterday the appointment of Raed Al-Haqhaq as Deputy Group Chief Executive Officer,and Chief Executive Officer-Kuwait, after obtaining…
IFDI 2019 witnesses shifting dynamics in Islamic finance
The Islamic Corporation for the Development of the Private Sector (ICD), the private sector development arm of the Islamic Development…
Emirates NBD rights issue draws $4.9bn
Emirates NBD Bank has announced that its rights issue was oversubscribed approximately 2.8 times as a result of strong demand…
UAE mulls creation of single financial services regulator to replace IA and SCA
The government of the United Arab Emirates is examining the possibility of a merger between the country’s Insurance Authority and…
The UAE's foreign investment regime
Foreign investment restrictions do exist in the United Arab Emirates (UAE). However, the regime is undergoing gradual change following the…
World's top 100 asset owners have $19trn in AUM
• The largest asset owners in the world are too important to fail in their mission, carrying a massive burden…
MEP Casa calls on UAE to fully cooperate on 17 Black
MEP David Casa has called on the United Arab Emirates to fully cooperate with Maltese and European law enforcement on…
Blockchain adoption to fuel fintech growth
The UAE's fintech sector is poised for robust growth and will witness large collaborations with banks, said Raja Al Mazrouei,…
Is UAE the global blockchain capital in 2020?
United Arab Emirates has been keen to adapt and change with the world and is now on the verge to…