New projects worth over Dhs80bn are either ongoing or envisaged for completion over the next five years
CFOs need to remain flexible and adapt quickly to a changing environment
This move came after the central bank met the market needs for liquidity over the previous months
DIFC introduced a new data protection law, that aims to enhance its current regime around data, security and privacy best practices
Choosing a life insurance product is a valuable investment for your future
Essential food items, medical care, education and financial services will be exempt from the planned levy
The fund will invest in tech startups across sectors including fintech, healthtech and edutech
The new equity futures platform is slated to launch on October 18
The new bank will have total assets of more than $220bn, creating the Gulf region’s third-largest lender
The three projects were selected from among over 150 projects participating in a special programme launched by District 2071
A central-bank digital currency would allow euro-area residents to place deposits with the ECB directly
Entrepreneurs must strive to earn money for the right reasons
Non-performing loan ratio increases from 3.8% in December 2019 to 4.1% in June 2020
Increase in non-performing loans squeezed banks’ profits in the GCC country
ADIO will help connect Israeli companies with strategic entities and grant them access to resources in Abu Dhabi
The 10-year Euro Medium Term Note Programme reached maturity on October 5
The latest listing brings the bank’s current sukuk value on the exchange to $1.5bn
Xare allows users share access to their account and credit card with friends and family
The smartSCF platform will provide automated tools to optimise working capital and reduce transaction costs
Lawyers for Huawei argue HSBC improperly aided the US to indict CFO Meng Wanzhou
BCG survey says 87 per cent of respondents would consider a digital-only bank
ASPIRE hopes to reach 5,000 participants in the next 12 months
Kuwait is the only country in the six-member Gulf Cooperation Council that links its currency to a basket dominated by the US dollar, while the others are linked solely to the greenback
Oman’s startup and innovation ecosystem is picking up pace
Abu Dhabi’s sovereign investor to acquire minority stake in the US-based venture capital firm
The new offices of ADNOC’s trading entities are located in Abu Dhabi’s International Financial Centre
Rising global digitisation due to the pandemic has been a catalyst for companies in the cloud computing and data analytics space, opines entrepreneur and investor Shailesh Dash
Gulf Business talks to Wissam Khoury, head of international at Finastra, on the state of Open Banking in the GCC