Expats in trouble for iqama errors

Expats complain that their names on iqamas which do not conform to their names in their passports are making problems during official transactions, especially in banks.


BB fears rise in inflation due to pay-hike

The central bank has expressed the fear that the proposed pay-hike for public servants might trigger inflationary pressure on the economy in the year 2015


Al Baraka Bank complies with Basel III requirement

The three prominent Islamic banks, Islamic International Arab Bank, Al Baraka Banking Group, and Bank of Khartoum, showed that they currently have sufficient levels of capital, far beyond what is required under Basel III.


VP: financial sector spurs progress

His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE’s Vice President and Prime Minister and Ruler of Dubai, has emphasised that the UAE’s financial plans and monetary policies are part of an all-encompassing national economic vision that i