Thursday 26 May 2016
 
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Customer accounts safe says Qatar National Bank

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.

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Twitter shuts down 125,000 ‘terrorist accounts’

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

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Audits around the world 'riddled with problems'

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

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Governments 'must tap SMEs' global potential'

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

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HSBC closes accounts in sanction-hit ME states

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.

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Risk management 'a big challenge'

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. &qu

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Shamal wins six new accounts

  Shamal Marketing Communications (SMC), a Dubai-based boutique PR agency, recently added six new client accounts.    SMC will provide PR support for three exhibitions, Seatrade, GIBTM and SIAL

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Mashreq launches SME contact centre

Mashreq, one of the UAE’s leading financial institutions, has announced the launch of a dedicated contact centre for small and medium enterprises (SMEs). The centre will facilitate service queries such as account maintenance, updating trad

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New firm to audit Gulf Air accounts

A company has been mandated to audit national carrier Gulf Air’s accounts to find out the reasons for its losses despite Bahrain government's financial support, an official Cabinet source told our sister paper Akhbar Al Khaleej last night.

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Burgan Bank showcases services to Kuna staff

A team from Burgan Bank, a leading retail banking group in Kuwait, recently visited Kuwait News Agency (Kuna) in a move to introduce its accounts as well as its services to Kuna’s employees. The bank’s team showcased a wide range of added

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