MoU to establish a strategic supervisory framework for both regulators in supervision of cross-border operations of banking institutions.
The listing will be on the Abu Dhabi bourse and will be subject to relevant regulatory approvals.
ENABLE is a Desert Group company that cultivates horticulture projects and initiatives across the country.
Abu Dhabi National Energy Co is talking to banks to obtain loan facilities of up to $1.3bln which would refinance maturing debt
The DFSA’s initiatives follow the launch of the FinTech Hive at the DIFC
ADX’s implementation of Technical Short-Selling Services is aimed at raising market turnover.
Air Berlin bondholders are unlikely to recover more than 1% of outstanding debt following the German airline's insolvency.
Bank of Sharjah and Invest Bank are in merger talks that could create an institution with about AED50.6bln ($13.8bln) of assets.
Sweeping corruption investigation in Saudi Arabia that has involved the detention of dozens of businessmen and officials.
Loan growth in the UAE could rebound to around 3 to 4% in 2018 after flat growth in 2017, chairman of the UAE Banks Federation said.
Responsible investment and FinTech are both a response to the failure of the financial sector to fully play its expected role in society
New research shows indirect subsidies for oil and gas dwarf direct energy subsidies