UAE bankruptcy law will not offer protection for defaults on personal debt
The UAE’s new bankruptcy law will not offer protection from jail for individuals unable to repay their debts, according to…
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Emirates NBD establishes future digital banking lab to drive smart service adoption in UAE
Emirates NBD, one of the leading banking groups in the Middle East, has announced a new initiative that aims to…
Arab banks' ties to foreign banks under pressure, survey finds
More than a third of Arab banks have seen their business links with foreign banks shrink over the past four…
Emerging markets drove global equities higher as oil declined
Global equities were slightly positive for the month of August, led by emerging markets. Brent oil reversed some of…
ADS Makes Two Senior Appointments, Promoting Ryan Lemand and Marcelo Vasques
ADS Securities, a comprehensive provider of foreign exchange and contracts-for-difference, has made two senior promotions to its executive team, with…
Barclays named ‘Best Bank for Advisory’ in the Middle East
Barclays won Euromoney’s ‘Best Bank for Advisory in the Middle East’ award, which recognises best in class advice to clients…
Israeli Court Issues FATCA Injunction
The Supreme Court of Israel recently issued an interim order preventing the Israeli Government from transferring personal financial data to…
UAE Central Bank plans five-year roadmap
The Central Bank of the UAE has approved its five-year strategic plan with a focus on a number of initiatives…
Dubai real estate: which way will it go?
After almost two years of declining property prices, Dubai’s real estate industry is hoping a recovery is imminent. However, many…
Bain & Co. Working as Consultant on Abu Dhabi NBAD-FGB Merger
Bain & Co. has been appointed to advise Abu Dhabi’s two biggest lenders as they merge into a $175 billion…
The power of millennials, especially in the GCC
According to Bank of America Merrill Lynch, from a demographic perspective, there are two billion millennials around the world and…
Emirates Islamic and Jumeirah Golf Estates enter into partnership for Alandalus
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, today announced a strategic partnership with Jumeirah Golf…