Dubai Financial Services Authority welcomes new sandbox cohort
The Dubai Financial Services Authority announced the acceptance of seven new firms into its cohort process, which permits companies to…
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Standard Chartered STILL on the hook over Iran deals as it faces £1.2bn fine in US
Standard Chartered faces an extra three months on probation with US authorities as it haggles over a £1.2billion fine for…
Bahrain Islamic Bank appoints another top woman executive
Bahrain Islamic Bank has promoted Eman Ali Abdulla Ebrahim to head the bank’s central operations department, making her the first…
The Fry Group receives rubber stamp for Dubai business
The Fry Group has officilaly launched its Middle East business and the opening of its new office, located in the…
Dubai Creek Harbour launches five-star waterfront branded residence
Palace Residences bring a boutique waterfront living experience for residents with branded 1, 2, 3 and 4-bedroom apartments. The homes…
Saudi banks set for most growth in four years
Saudi banks may report double-digit earnings growth this year as rising interest rates and increased government spending offset the risk…
Dubai house prices to drop 5 to 10% more this year
There is potential for residential real estate prices in Dubai to decline by another 5 to 10 per cent this…
UAE bank bailout points to restructuring, mergers
SMALLER banks in the United Arab Emirates are facing regulatory pressure to merge after the fallout from a property downturn…
UAE indices sing different tunes unlike global peers
Global markets may have been impacted favourably or adversely from the headlines on trade war or Federal Reserve or global…
Qatar establishes General Tax Authority
Qatar has established the General Tax Authority, which will be in charge of implementing all tax laws and improving tax…
Central Bank of Kuwait modernizes Technology Platform
Tata Consultancy Services is now operational on TCS BaNCS, its flagship banking platform that helps financial services institutions embrace open…
DFSA regulatory accepts seven new firms to apply for an Innovation Testing Licence
The Dubai Financial Services Authority (DFSA) announced the acceptance of seven new firms into its cohort process, which permits companies…