10/02/2018
Saudi Arabia’s financial intelligence unit is not able to conduct sophisticated financial analysis, although it does provide a wide variety of information that is available to and used by competent authorities.
10/01/2018
In February 2018, the EGX approved the listing of shares of Banque du Caire with a capital of EGP 2.25bn distributed to 562.5m shares at a nominal value of EGP 4 per share.
10/01/2018
Al-Hashel added that a team of experts has been assembled to look into the most cutting-edge financial services and products to help the sector grow.
10/01/2018
Last week, it was reported that the Bank of Sharjah, Invest Bank and United Arab Bank were engaged in merger talks.
09/28/2018
The enterprising and tax-shy can still exploit loopholes in the system
09/27/2018
Dubai world's first city to enable investors to start business from remote locations
The partnership will enable investors overseas to use a network of 650 business centres spread across 85 cities in 45 countries to start a business in Dubai.
09/27/2018
CBK clarifies on guidelines for e-payment transactions
All e-pay methods are subject to the scrutiny of the CBK.
09/27/2018
Saudi Arabia, UAE, Bahrain, Kuwait to enter key JP Morgan bond indexes
The indexes are key performance benchmarks for international investors in emerging market debt
09/27/2018
Saffery Champness opens fourth international office
A permanent office has been established to support and expand the firm’s intermediary network and assist with servicing existing clients across the Gulf Co-operation Council (GCC) and wider region.
09/26/2018
Al Ahli Bank of Kuwait Marks Its First International Capital Markets Issuance
The transaction was very well received by international investors, culminating in an orderbook twice oversubscribed at the initial price level.
09/25/2018
The statement added that IFC will support the bank in helping informal micro businesses, often owned or led by women, move to the formal sector.
09/25/2018
They added that the CEO Advisory Council, made up of bank chief executives, is considering the proposal and, if approved, will suggest it to the central bank.
09/25/2018
The introduction of this regime underlines FSRA’s commitment to international standards and best practices
09/25/2018
However, the government acknowledges inflation will remain well above target over the coming years.
09/24/2018
Establishment of working group was among key recommendations outlined by industry experts
09/24/2018
Under the new IFRS 9 standard, banks and financial entities will be mandated to set aside a certain proportion of profit against losses for unseen reasons.
09/24/2018
Bid to propel banking sector
09/24/2018
Your may liquidate the company and close the bank account and cancel his visa, before travelling to his home country.
09/21/2018
David Casa called on Noor Bank to publish any identifying information concerning the UBO of 17 Black and the transfers carried out through 17 Black
09/21/2018
A combination of the airlines would provide further evidence of the sheikdoms consolidating businesses to boost competitiveness.