Abu Dhabi, UAEThursday 26 November 2020

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Compared with conventional banks, Islamic banks are perceived to have lower fees and offer better finance and profit rates on savings. Getty Images

Islamic banking products see higher uptake among non-Muslims in the UAE

November 26, 2020
To date, the Targeted Economic Supprt Scheme has benefited more than 310,000 retail customers, nearly 10,000 small and medium sized enterprises and more than 1,500 private sector corporates. Ryan Carter / The National

Lenders welcome Tess extension by UAE Central Bank

November 25, 2020
The number of technology start-ups based at Abu Dhabi Global Markets has grown by 80 per cent this year, the financial free zone's chairman Ahmed Al Sayegh told the FinTech Abu Dhabi event. Alamy

Abu Dhabi Global Market rolls out new digital lab

November 25, 2020
The Central Bank of the UAE on Wednesday announced the launch of a new FinTech office to support the growth of the FinTech industry. Ryan Carter / The National

UAE Central Bank opens FinTech office to boost digital payments

November 25, 2020
The Riyadh skyline. The Saudi Arabian Monetary Authority is renamed as Saudi Central Bank. Reuters

King Salman renames Saudi Arabian Monetary Authority to Saudi Central Bank

November 25, 2020
Workers clean one of the Deutsche Bank towers at its headquarters in Frankfurt.  Bloomberg

Deutsche Bank considers permanent shift to let staff work two days a week from home

November 24, 2020
President-elect Joe Biden is likely to nominate former Federal Reserve Chair Janet Yellen to head the US Treasury. If confirmed by the Senate, Ms Yellen would be the first woman to assume the position and be tasked with steering the world's largest economy as it faces mass layoffs and a sharp growth slowdown caused by Covid-19. AFP

Why Janet Yellen's nomination to lead Treasury bodes well for the US economy

November 24, 2020
Abu Dhabi, U.A.E., February 12, 2019. Sunny but chilly weather at the Corniche. -- (Probable Big Picture) Watersports enthusiasts enjoy the beautiful weather. Victor Besa/The National Section: NA Reporter: Mustafa AlRawi

Changes to UAE company law will drive foreign investment, business leaders say

November 23, 2020
Lebanese President Michel Aoun said he is determined to fight corruption after an auditing firm tasked with reviewing the country's central bank pulled out. AFP

Unfazed by withdrawal of auditing firm, Lebanon’s president vows to fight corruption

November 22, 2020
Saudi Telecom Company (STC) sold a 15 per cent stake in its digital payment unit to Western Union for $200 million. Courtesy Saudi Telecom Company

Western Union snaps up 15% of Saudi Telecom Company's digital payments arm

November 22, 2020
Abu Dhabi Global Market Square. The regulatory authorities for Abu Dhabi and and Dubai's financial free zomes both signed agreements with Israels Bank Hapoalim to collaborate on FinTech development on Saturday. Alamy

UAE's financial free zones sign agreements with Israel's largest bank

November 21, 2020
Lebanese riot police outside Lebanon's central bank, where protesters took place in April. Auditing firm Alvarez & Marsal contracted by Lebanon's government to conduct a forensic audit of the central bank pulled out the deal because it was not able to acquire needed information. AP

Lebanon in limbo after auditors terminate agreement over lack of access to data

November 21, 2020
Pedestrians walk near the headquarters of Sberbank in Moscow. Bloomberg

Russia's largest lender Sberbank expects AI profit expansion

November 21, 2020
HSBC is offering varying degrees of flexibility for employees. Getty

HSBC lets Hong Kong staff work up to four days a week from home

November 20, 2020
IMF managing director, Kristalina Georgieva, says strong policy action by governments is still required to support the economic recovery seen in the third quarter of this year. AFP

Strong policy action required to maintain economic recovery, IMF chief says

November 19, 2020
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Mina Zayed demolition: Abu Dhabi announces major road closures
Podcasts
Mina Plaza will be demolished on Friday. Victor Besa / The National 

Mina Zayed demolition, Abu Dhabi quarantine change, IATA Covid app - The Daily Update

Podcasts
Changes to the Commercial Companies' law are expected to boost FDI to the UAE and spur business activity. Reem Mohammed/The National

What changes to UAE company foreign ownership rules mean for you

Business Extra
Customs officers seize 662kg of drugs hidden in a stash on a vessel in Dubai. Courtesy: Dubai Customs  

Mosques to reopen, National Day car rules, 1,310 new cases - The Daily Update

Podcasts
Afra Al Dhaheri working on her installation 'Tasreeha, 2020', from Abu Dhabi Art's Beyond: Emerging Artists show at Manarat Al Saadiyat

Meet the three female artists from Abu Dhabi Art’s commissions programme

Podcasts
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