Jordan: central bank to regulate Open Finance
The Central Bank of Jordan has issued instructions to regulate Open Finance services provided by all banks operating in the…
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UAE Banks Federation raises awareness on bank fraud through national campaign
In your capacity as Director General, UAE Banks Federation, please elaborate on the Together Against Fraud awareness campaign and how…
MBME Group leverages modern solutions to lead MENA’s payment solutions market which is growing by 14.8%
MBME Group, has reported that businesses can grow by 14.8 per cent by integrating modern, secure, and prompt payment solutions.…
BisB Launches Tejoori Activation at City Centre Bahrain
Bahrain Islamic Bank has announced the launch of an exclusive campaign for its Tejoori account, with a total amount of…
Saudi Arabia on course to reverse debt burden: Moody’s
Saudi Arabia looks set to reverse most of the 2020 increase in its debt burden over the next several years…
The UAE participates in the first G20 Finance and Central Bank Deputies Meeting
The UAE participated in the first G20 Finance and Central Bank Deputies Meeting, which was held on the 13th and…
Emirates REIT closes $380mln sukuk issuance at 9.5% profit rate
Emirates REIT, a sharia-compliant real estate investment trust, has closed a $380 million sukuk issuance to refinance the $400 million…
Saudi, Kuwait bourses sign deal to boost capital markets
The Saudi Stock Exchange (Tadawul) and Boursa Kuwait have signed a deal to boost their capital markets and collaborate in…
UAE economy experiencing sustained momentum in 2022: OPEC
The UAE economy has experienced sustained momentum in 2022, boosted by Expo 2020 and the easing of COVID-19 restrictions, according…
RTA signs MoU with Dubai Development Authority to streamline land permits
The Roads and Transport Authority has signed a Memorandum of Understanding with the Dubai Development Authority to streamline the business…
UAE's compulsory medical insurance for all – what will insurers do on basic premiums?
With UAE planning compulsory health insurance across all emirates, citizens and residents will have more medical insurance plans to choose…
GCC external assets to hit $6tn if oil averages $120 a barrel in next five years
A steep rise in oil revenue is set to drive up the aggregate external assets of oil-rich Gulf states to…