'UAE a strategic growth market,' says National Payments Corporation of India
National Payments Corporation of India stated that UAE is one of its strategic international growth markets during a press briefing…
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Abu Dhabi Securities Exchange slides 0.6% amid index rebalancing
The Abu Dhabi bourse’s main index ended 0.6 per cent lower on Thursday, after falling by over a per cent…
Win for Dubai Bank as land firm’s appeal dismissed
A land company that had sued Dubai Bank (in liquidation) to restrain the lender from putting up its properties for…
KFH-Turkey… Robust Financial Position, Very High Liquidity Ratios
High-Quality assets due to diversified financing portfolio Group Chief Executive Officer at Kuwait Finance House(KFH), Mazin Saad Al-Nahedh, emphasized that…
Solidarity Bahrain has no plans to shut any branch
Solidarity Bahrain has no plans to shut any branches and reduce staff numbers even as it goes ahead with a…
1.9 million expats quit Saudi Arabia citing high fees and sluggish growth.
More than 1.9 million expatriates have left Saudi Arabia since the start of 2017, according to a report released yesterday.…
Lebanon central bank agrees to liquidation request from sanctions-hit bank
Lebanon's central bank said on Thursday it agreed to a request from Jammal Trust Bank, which was hit by U.S.…
Oracle to launch new cloud facilities in UAE and Saudi Arabia
Oracle will open two new cloud facilities each in the UAE and Saudi Arabia – the Arab world’s largest economies…
The IFSB database disseminates data for Islamic Banking systems in member countries, including Libya for the first time
The Islamic Financial Services Board has announced the dissemination of country-level data on financial soundness and growth of the Islamic…
Emirates NBD determined on UAE Paralympic success
The UAE’s pursuit of a record haul of medals at the quadrennial Paralympic Games in Tokyo in 2020 will receive…
Abu Dhabi’s CPI slips 0.8% in 8 months
The consumer price index in the emirate of Abu Dhabi slashed by 0.8% year-on-year during the first eight months of…
Real estate sector contributes 13.6% to Dubai’s GDP in 2018
The real estate sector in Dubai has achieved positive performance in 2018, boosting the emirate’s GDP growth, according to a…