the ETFs listed above provide a good mix of sectors and regions that may still perform if the UAE economy hits another bumpy patch. Arabian Gazette - Arabian Gazette is your window to insightful news, features and analysis on business, economy, finance ... ( read original story ...)
UAE entrepreneurs have the highest fear of failure rate for the MENA region
Our research shows that there is an urgent need to deploy the region’s substantial human, natural, and financial assets more efficiently ... Saudi Arabia and the United Arab Emirates. Although Tunisia did not participate in the 2016 GEM research cycle ... ( read original story ...)
UAE central bank to set up a dedicated department to deal with cyber attacks
Abu Dhabi: UAE Central Bank is taking measures to mitigate risks arising out of cyber-attacks and is planning to set up a dedicated department to deal with the issue, its governor said in Abu Dhabi on Wednesday. “Cyber risks go hand in hand with ... ( read original story ...)
Dubai’s Noor Bank to move away from unsecured small business lending
Dubai-based lender Noor Bank is to move away from unsecured lending to small and medium-sized enterprises, its chief executive told Reuters, after a rise in bad debts within this sector. The shift is part of a turnaround plan chief executive John ... ( read original story ...)
Central Bank sees surge in gross credit, money supply
Gross credit and deposits in the UAE's banking sector rose in October amid a surge in money supply, reflecting an upswing in economic activity. According to the latest monetary data provided by the UAE Central Bank on Tuesday, money supplies in two ... ( read original story ...)
Smart Dubai extends Paperless Finance project
Smart Dubai Office is set to extend its ‘Paperless Finance' project to other Dubai government entities, to help them eliminate paper transactions from their financial processes. The Paperless Finance project, which is currently in use by Smart Dubai ... ( read original story ...)
Iran Banking Issues With China, UAE Resolved
A senior Iranian official announced that there are no significant banking issues with China and the UAE, as hurdles with Turkish Halkbank are being removed. “About two months ago, there were reports that bank accounts of Iranian petrochemical companies ... ( read original story ...)
National Bank of Fujairah Structures Shari’a-Compliant Financing Solution for Malabar Gold
We are happy to be part of the inaugural Shari’a-compliant gold financing transaction in the UAE, which will go a long way in supporting the precious metals sector by accessing the Shari’a compliant banking products that represent almost 20% of the UAE ... ( read original story ...)
UAE Banks Federation revamps its brand identity
Reinforcing its pivotal role in driving the continuous growth and development of the country’s banking sector, the UAE Banks Federation, a professional representative body comprising 48 member banks operating in the UAE, has launched a new brand identity. ( read original story ...)
Saudi crackdown almost derailed Emaar IPO; UAE offers now at risk
People have their pictures taken near an Emaar sign outside the Dubai Mall in the UAE. Advisers to Emaar Properties scrambled to complete a $1.3bn offering in its UAE development business after local investors reneged on hundreds of millions of dollars in ... ( read original story ...)