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Next time you pass through a UAE airport, chances are your passport may not be stamped. Or if you need…
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Central Bank withdraws Dh8.2b of surplus liquidity
The UAE Central Bank has withdrawn Dh8.2 billion out of excess liquidity in the market during July after it pumped…
UAE working on laws to boost non-oil sector contribution to 80% by 2021
The Ministry of Economy is working on a number of laws to help increase productivity of the economy and boost…
Sluggish July imports in Qatar show sanctions still hurting economy
Qatar's imports recovered only slightly in July after plunging in June, government data released on Thursday showed, suggesting the country's…
UAE bank credit increases in July – Khaleej Times
Gross credit by the #UAE banks grew in July, reflecting increase business activity in the country while deposit by non-residents…
Saudis may seek funding in Chinese yuan
Saudi Arabia is willing to consider funding itself partly in Chinese yuan, a senior Saudi official said on Thursday, raising…
Qatar banks seek Asian, European funding as diplomatic crisis bites
Qatari banks are turning to Asia and Europe for funding after clients from other Arab states pulled billions of dollars…
DFSA and Naseba to co-host second fintech summit
The summit will provide a platform for the region's banking, financial services and insurance decision makers to source and evaluate…
UAE fintech startup NOW Money gathers $700K
NOW Money has secured an investment of $700,000 from two U.S. based venture capital investors – Accion Venture Lab, the…
Pictet Sees Middle East Wealth-Fund Revival as Oil Price Holds
Pictet Asset Management SA said Middle Eastern sovereign wealth funds are starting to revive investment plans as a slump in…
Bank Nizwa Leads Banking Sector Growth Rate With 200 Percent Surge in H1 2017
Bank Nizwa achieved the highest growth rate in Oman’s banking industry reaching 200% after tax during the first half of…
Fujairah boom: The emirate seeing a rise in business, cultural and tourism projects
Fujairah, one of the seven emirates making up the United Arab Emirates, is witnessing an upsurge in new projects and…