The Dubai Financial Services Authority (DFSA), which oversees Dubai's financial free zone, and the China Banking Regulatory Commission (CBRC) signed on Wednesday an agreement in order to cooperate in the field of financial supervision. (read more…) – FINANCE
The Federal Cabinet in its meeting on Tuesday endorsed UAE’s decision to join the Gas Exporting Countries Forum (GECF). an inter-governmental organisation of 12 of the world’s leading natural gas producers. (read more…) – FINANCE
(MENAFN – Khaleej Times) HSBC Holdings launched on Tuesday a Dh1 billion fund for small and medium enterprises, or SMEs, and forecast that loans to the sector in the UAE would grow by 20 per cent … (read more…) – FINANCE
DUBAI, May 15 (Reuters) – Dubai Islamic Bank (DIB), the largest sharia-compliant lender in the Gulf Arabemirate, is planning to issue a benchmark-sized,dollar-denominated Islamic bond, or sukuk, lead arranging … (read more…) – FINANCE
DUBAI, May 15 (Reuters) – Dubai Islamic Bank (DIB), the largest sharia-compliant lender in the Gulf Arab emirate, is planning to issue a benchmark-sized, dollar-denominated Islamic bond, or sukuk, lead arranging banks said. (read more…) – FINANCE
COLUMBUS, Ga. & DUBAI, United Arab Emirates–(BUSINESS WIRE)–TSYS® (NYSE: TSS) today announced that Qatar National Bank (QNB) has signed a licensing agreement for PRIME 4, the latest version of TSYS’ card and merchant management solution. (read more…) – FINANCE
(MENAFN) The UAE's Central Bank stated that deposits with the country's banks grew by USD10 million to USD311 million at the end of March, compared with USD301 million at the end of February, … (read more…) – FINANCE
(MENAFN – Khaleej Times) The UAE is expected to finalise an insolvency and bankruptcy law by the end of 2012, Minister of Justice Dr Hadif bin Jowan Al Dhahiri said at the Global Policy Conference … (read more…) – FINANCE
ABU DHABI, May 15 (Reuters) – UK lender HSBC Holdings, launched a 1 billion dirhams ($272.4 million) smalland medium enterprises (SME) fund on Tuesday and said it seesloans to the sector in the United … (read more…) – FINANCE
ABU DHABI (Reuters) – UK lender HSBC Holdings , launched a 1 billion dirhams (169.4 million pounds) small and medium enterprises (SME) fund on Tuesday and said it sees loans to the sector in the United Arab Emirates growing by 20 percent this year . The lender is bullish on the SME sector despite...
