10/16/2018
These reports assess jurisdictions against the updated standard which incorporates beneficial ownership information of all relevant legal entities and arrangements, in line with the definition used by the Financial Action Task Force Recommendations.
10/16/2018
They took money from our client but failed to deliver, says lawyer of company hit by suspected fraud
10/16/2018
This transaction is structured such that the margin of the facility is linked to DP World's carbon emissions intensity where the Company is incentivised to reduce its greenhouse gas emissions
10/15/2018
Sir Richard has announced he will suspend his role as director in two Saudi tourism projects until the fate of Mr Khashoggi is uncovered.
10/15/2018
The debt law will also support the establishment of a secondary market for government securities through which public debt instruments can be traded in UAE financial markets to meet the liquidity needs of the banking sector.
10/15/2018
It will enable a deepening of the financial markets, allow the UAE to tap a wider pool of financing options and create a government yield curve
10/14/2018
The law will enable banks operating in the state to purchase government bonds in dirhams or foreign currencies, which will help them comply with Basel III requirements.
10/14/2018
Doha Bank was the first organisation in the GCC to have achieved the ISO 20000 certification in 2007 and remains the only financial organisation in Qatar to be accredited.
10/12/2018
As some apply for licences, political crackdown prompts concern about stability
10/12/2018
He said, “Artificial Intelligence, blockchain, machine learning and cryptocurrencies are no longer fancy terminologies but the future of business.
10/12/2018
The findings tie into recent high-profile probes involving countries generally considered low-risk.
10/12/2018
A similar report was first produced by the two organizations in 2015.
10/11/2018
DFS Examinations Found Multiple Deficiencies in the Bank’s Compliance with Anti-Money Laundering Laws and Office of Foreign Asset Controls Regulations
10/11/2018
The three-year facility includes a number of 'green features' which are consistent with the Loan Market Association's Green Loan Principles (GLP), a set of guidelines designed to support environmentally sustainable economic activity.
10/11/2018
Funds such as Saudi Arabia's PIF are asserting themselves as direct investors, sidestepping established managers
10/10/2018
They invest, partner up with government-related entities and this helps the whole banking market in the region
10/10/2018
Starting January 31, 2019, sovereign bonds and sukuk from Saudi Arabia, the UAE, Bahrain, Kuwait and Qatar will gradually gain inclusion on the JP Morgan EMBI Index, which already includes Oman.
10/09/2018
Allegations of allowing customers to violate Iran sanctions said to date from at least five years ago
10/08/2018
Bahrain-based financial group confirmed that the offer it had received amounts to around $1bln
10/08/2018
The chairman added "this is with the objective of bringing together the best talents from OAB and Alizz Islamic Bank to create a market-leading Islamic bank that will continue its operations as an independent Islamic banking institution.