11/28/2018
His Excellency added that the agreement implements passporting mutual recognition as a regulatory mechanism for the promotion and supervision of investment funds, and encourages foreign licensed firms in financial free zones based in other countries to mo
11/27/2018
Bahrain has created a fintech regulatory unit and Abu Dhabi and Dubai is cultivating a financial startup scene.
11/27/2018
First Abu Dhabi Bank part of 51 foreign syndicated loan deals
11/26/2018
The meeting marked the widespread rollout of automatic exchange of financial account of information.
11/23/2018
The two are being investigated by Swiss prosecutors and the banking regulator, which allege they used their position on Falcon's board to enable 1MDB to conduct unlawful business.
11/22/2018
The sovereign-wealth fund says the bank played a ‘central role’ in the 1MDB scandal
11/22/2018
The regulator has asked the bank to also ask the chief executive and chief financial officer to resign immediately as it does not consider them "fit and proper".
11/22/2018
Crowdfunding has globally witnessed incremental growth aided by Fintech platforms, the CBB noted.
11/22/2018
The parties also attended the Bahrain – Hebei Business Forum to discuss opportunities and strengthen cooperation.
11/22/2018
The collaboration between CFA Institute and MEIRA underscores the mutual commitment of both organisations to contribute to improve the communication of the Middle Eastern companies
11/21/2018
The deteriorating bank ties also threaten a larger re-export trade of other countries' goods to Iran through Dubai's ports and airports
11/21/2018
New agreement is aimed at financing micro, small and medium-sized enterprises in Jordan
11/21/2018
These generous policies for the local populations now face a key problem: how to ensure they remain sustainable in the long-term.
11/21/2018
The industrial group is planning a 5- to 7-year tenor fixed-rate U.S. dollar-denominated senior unsecured sukuk under their $3 billion Trust Certificate Issuance Programme, subject to market conditions.
11/21/2018
A new economy really is needed in MENA.
11/20/2018
The new government has been struggling to plug the big hole on the external front as the current account deficit reached record $18bn in FY18.
11/20/2018
Under the existing law, the figure is JD24,000 for households with JD4,000 in exemptions on VAT medical and educational receipts and invoices and JD12,000 for individuals.
11/20/2018
For some (listed constituents), this (the new framework) will be just "business as usual’ but for others, they will "undoubtedly" need to pay more attention to the IR function and its resourcing, he said
11/19/2018
Inconsistent laws and practices were highlighted in a dispute between UAE-based Dana Gas and its bondholders over the repayment of a $700 million sukuk and whether it still complied with Sharia law.
11/19/2018
Even so, the trade balance is still in favor of Qatar, which exported goods worth $54.6 million (Sh5.4 billion) to Kenya in 2015 according to latest figures.