Standard Chartered Bank, a leading multinational banking and financial services company, has announced the launch of Islamic saving accounts for its corporate and institutional clients in the UAE.
The announcement was made at an e
Yahoo Inc said on Thursday that information for at least 500 million user accounts was stolen from its network in 2014 by what it believed was a state-sponsored actor, a theft that appeared to the biggest cyber breach ever.
Twitter said it had shut down 360,000 accounts related to "promotion of terrorism" since the middle of 2015, the company said in a blog post on Thursday.
The microblogging platform said it had suspended 235,000 accounts
Qatar National Bank, the Middle East's largest lender by assets, said it had taken immediate steps to ensure customers would not suffer any financial loss after a security breach last week exposed personal data of thousands of clients.
Twitter Inc has shut down more than 125,000 terrorism-related accounts since the middle of 2015, most of them linked to the Islamic State group, the company said in a blog post on Friday.
Twitter has said it only takes down accoun
Public company and bank audits conducted around the globe by units affiliated with the world's six largest accounting firms are persistently riddled with flaws, a group of international regulators have found.
The finding, rele
The failure of many small and medium enterprises (SMEs) to develop international trade opportunities is a major challenge for governments and business owners, said a body of leading financial experts.
The Association of Chartered
HSBC will close the accounts of some customers in the Middle East and North Africa with links to sanction-targeted nations such as Iran and Syria, the bank said, as it looks to cut the heavy compliance costs associated with them.
Risk management is a big challenge for all financial institutions today and they must adopt stricter auditing systems with more constraints on activities and practices to cope in the coming period, said a top banking official.