06/03/2020
Banks continue to court the PIF, but a proposal made earlier this year to delay the repayment of a $10 billion bridge loan raised in October was questioned by some of the lenders.
06/02/2020
Dr. Ahmed Alkholifey, governor of SAMA, told Al-Arabiya that the funds will come in the form of one-year no-interest deposits in all Saudi banks.
06/02/2020
Benchmark bonds are generally meant to be over $500 million, but a source close to the deal said the transaction could range between $750 million and $1 billion.
06/02/2020
Banque Syz has four offices in Switzerland and two other representative offices abroad, in South Africa and the United States of America.
06/01/2020
The regulator proposed ‘practical solutions’ to manage economic uncertainty while complying with IFRS 9
06/01/2020
The move is part of the central bank's efforts to support the kingdom's financial institutions
06/01/2020
The total number of licences issued in the UAE in May reached 648,684.
06/01/2020
Since the COVID-19 crisis began, the PIF has spent $7.7 billion amassing a portfolio
06/01/2020
A sale could happen as soon as this week and proceeds will be used for general budgetary needs, sources said
06/01/2020
SCB agreed to settle OFAC’s claim for $132m regarding 911 transactions worth around $133m to or through the United States in violation of Iranian Transactions and Sanctions Regulations (ITSR).
05/31/2020
Working hours is aligned to federal directives on sterilisation programme
05/31/2020
As the country ran down its hard currency buffers in the currnet year, it collected a group of 20 countries to be included in swap deals such as the ones the US has given to other emerging economies.
05/31/2020
Social instruments could also be used directly to support households by compensating them for lost income, and by providing access to affordable basic services, such as education and health care.
05/29/2020
The draft capital law aims to protect what is left of Lebanon's hard currency reserves, member of parliament Alain Aoun told Reuters.
05/29/2020
The central bank’s gross reserves have dropped by $20 billion in the period.
05/29/2020
Directors and managers should ensure they are clear on their responsibilities under the applicable insolvency regimes in order to avoid claims of mismanagement and liability.
05/29/2020
The move opens the way for investigations into bank accounts of current and former officials such as Cabinet ministers
05/29/2020
Protesters blame central bank governor for taking Lebanon close to bankruptcy
05/29/2020
Lenders with exposure to SMEs, retail, real estate to see biggest impact
05/28/2020
Recently, Qatar International Court and Dispute Resolution Center offered Pro Bono services to spearhead the delivery of swift, fair, and efficient judgments as part of an innovative legal model for commercial and civil dispute resolution.