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RAKBANK decreases its credit card limit to AED 5,000

Ras Al-Khaimah based National Bank of Ras Al Khaimah (RAKBANK) has decreased its credit card limit to AED 5,000 for select customers as banks...

Saudi banks have enough liquidity to help the private sector during...

Finance Minister Mohammed al-Jadaan said that Saudi Arabia’s banks have enough liquidity to sustain the demands of the private sector irrespective of the pressures...

Qatar Islamic Bank bags Global Banking & Finance Review awards

Qatar Islamic Bank (QIB) has won the ‘Best Digital Bank in Mena Region’, ‘Best Digital Bank in Qatar’, and ‘Most Innovative Retail Banking App...

UAE to freeze assets of B.R. Shetty

Several organizations affiliated with Mr. Shetty were blacklisted by the UAE Central Bank Today, Official sources from UAE reported that the UAE Central Bank has...

Saudi Arabia introduces new regulations for financial organizations 

Saudi Arabia has issued a new royal order today instructing the Ministry of Justice to ensure effective measures are taken to curb the practice...

COVID-19 will change GCC Labor Market forever

Alarm bells have already started ringing for the local labor markets as novel coronavirus disperses and falling oil revenues begin to alter the Gulf...
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