The Central Bank of the UAE has lowered interest rates in line with the decrease in interest rates on the US dollar, following the U.S. Federal Reserve’s...
Dubai, UAE, 02 March 2020: Mashreq, one of the leading financial institutions in the UAE, has appointed Joel D Van Dusen as its new Head of...
Mashreq Bank and Dubai International Financial Centre (DIFC) have come together to launch the region’s first Know-Your-Customer (KYC) blockchain data-sharing platform. The platform, which is now...
(Bloomberg) — The haven status of the dollar and the yen came under question in February, with both wobbling as the coronavirus outbreak threatens the two economies. While the...
The UAE Banks Federation (UBF) – the official representative body of the UAE banking industry – has launched committees to promote the growth and transformation of...
(Bloomberg) — The first U.S. coronavirus death. Signs the disease is squeezing China’s economy. A possible outbreak in Washington State. Trading may have stopped, but the drumbeat...
(Bloomberg) — JPMorgan Chase & Co. is planning to enter the U.K. consumer-banking market in the next few months, offering a range of savings and loan products...
The UAE’s Central bank has said that it was closely monitoring the financial sector after banks in the country cut jobs by letting go of hundreds...
Dubai’s largest bank is selling ‘kangaroo’ bonds with a 10-year maturity, according to media sources. Emirates NBD has hired ANZ, Emirates NBD Capital, Mizuho and Nomura...
First Abu Dhabi Bank (FAB) has issued bonds worth over AED 3 billion via two separate public issuances in three days, marking its first-ever Sterling bond...
