Browsing: financial sector

The Abu Dhabi Exports Office (ADEX) and a consortium of UAE banks, led by First…

Dubai’s economy continued its upward trajectory, with the emirate’s Gross Domestic Product (GDP) reaching AED339.4…

The second edition of the Arab Payment Week (APW) is set to begin today and will continue until 29 January 2025, at the Sheraton Abu Dhabi Hotel and Resort. Organized by Buna, the cross-border payment system for the Arab world, the event provides a platform for experts and leaders in the financial sector to discuss developments in payments and financial services, explore ways to strengthen the sector’s future, and ensure its sustainability.

The Digital Operational Resilience Act (DORA) is poised to reshape the EU’s financial sector by enhancing its cybersecurity defences. Scheduled to take effect on 17 January 2025, the regulation aims to ensure financial institutions and third-party ICT providers can withstand and recover from cyberattacks and ICT-related disruptions. DORA broadly defines ICT providers as entities that offer information and communication technology services.

In a significant move aimed at strengthening bilateral ties, the Finance Ministers of the United…

In a positive start to 2024, the UAE (United Arab Emirates) saw a 3.4% rise…

The United Arab Emirates’ recent entry into the BRICS coalition underscores its dedication to multilateralism…

The CEOs Advisory Council of the UAE Banks Federation (UBF), the sole representative and unified…

Bahrain has made a remarkable leap of nine places to achieve the twenty-first position in the 2024 World Competitiveness Ranking published by the World Competitiveness Centre – Institute of Management Development (IMD).

The Middle East’s asset management sector experienced a significant surge in 2023, witnessing a remarkable…