Dubai Updates Cybersecurity Strategy

See Also: 2017 Predictions on Data Security: Insights on Important Trends in Security for the Banking Industry The new strategy, designed to help portray Dubai as a world leader in cybersecurity, eventually could be expanded nationwide. "The strategy's a ... ( read original story ...)

UAE banks boost lending, revenues

said in its UAE Banking Pulse report. The increase in lending between the first quarter of 2017 and the final quarter of 2016 came after these banks' loan books fell 0.13 per cent between third and fourth quarter of 2016, signalling the end of a per­iod ... ( read original story ...)

Qatar National Bank sees no big deposit outflows

DUBAI, June 14 (Reuters) - Qatar National Bank (QNB), the largest bank in the Middle East and Africa, has seen no significant outflows of deposits since a diplomatic rift started between Qatar and certain other Arab countries, it said on Wednesday. ( read original story ...)

UPDATE 1-Qatar National Bank sees no big deposit outflows

DUBAI, June 14 Qatar National Bank (QNB), the largest bank in the Middle East and Africa, has seen no significant outflows of deposits since a diplomatic rift started between Qatar and certain other Arab countries, it said on Wednesday. Last week ... ( read original story ...)

‘UAE paid $3bn to finance Turkey coup attempt’

The United Arab Emirates financed a high-profile coup attempt last year in Turkey and paid about three billion dollars to the putschists, a columnist in a Turkish daily has claimed. Mehmet Acet, a columnist for Yeni Safak daily, said on Tuesday that ... ( read original story ...)

Dubai startups get new funding sources

The Mohammed Bin Rashid Fund (MBRF), which is the financial arm of Dubai SME, and finance platform Beehive have signed a memorandum of understanding (MoU) to aid small and medium-sized enterprises (SMEs) with their financing needs. The MoU will enable SME ... ( read original story ...)

Natural gas built Qatar, now may protect it in Gulf dispute

As a hedge ... sovereign wealth fund called the Mubadala Development Co., French oil giant Total SA and Houston-based Occidental Petroleum, did not respond to a request for comment. Without that natural gas, electricity plants in Dubai and the UAE capital ... ( read original story ...)