DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister ...
Read More »Commerzbank not to clear euro deals in region from New Year
Reuters Commerzbank has told customers in the Gulf it will no longer process their transactions in euros, four Gulf banking sources say, joining other big banks that cut such services after being fined for dealings with Iran. Major US and European peers have been tightening risk controls in the region after US regulators imposed billions of dollars of penalties ...
Read More »