05/02/2018
Citi considering full banking licence in Saudi Arabia
Citigroup left Saudi Arabia in 2004 after operating for five decades when it sold its 20 percent stake in Samba Financial Group.
Legal, Tax, Regulation & Compliance
05/02/2018
Al Baraka Banking Group and the Bank of London & The Middle East (BLME) sign a Memorandum of Understanding
Opportunities to collaborate and gives BLME the chance to provide Al Baraka clients with investment opportunities in UK real estate.
05/01/2018
How ex-SGX chief regulatory officer Richard Teng is shaping the finance industry in the Middle East
He's looking to benefit the region as well as his own country to fly the Singapore flag away from home.
05/01/2018
Why the GCC States Think Africa Is Worth Fighting Over
Growing economic ties will remain the primary connection between the states of the Gulf Cooperation Council and countries across Africa.
04/30/2018
Deloitte Launches the Middle East Financial Services Regulatory Barometer 2018 for Banking Regulation in UAE
Navigating the year ahead
04/30/2018
Guernsey Finance publishes global distribution strategy statement: connecting to the parts of the world managers want to reach
The strategy statement sets out the aim by which Guernsey intends to become the global jurisdictional platform supporting managers to reach global markets
04/26/2018
Top US court rules for Arab Bank in Israel attack case
The decision rests on a legal provision almost 230 years old.
04/26/2018
Abu Dhabi's Al Hilal Bank is said to uncover internal fraud
38 people from Asian and European backgrounds were arrested last summer for the 'unlawful confiscation' from a UAE bank
04/24/2018
Belt and Road exchange to be set up at ADGM
This landmark MoU marks the successful culmination of a close relationship developed between ADGM and SSE
04/24/2018
Qatar bank merger said to stall over price dispute
The banks had aimed to complete the merger by the end of 2017.
04/24/2018
Iran central bank bans cryptocurrency dealings
Iran moved this month to formally unify its official and open market exchange rates
04/24/2018
DFZC launches initiative to stimulate and accelerate e-commerce growth
The Dubai Free Zones Council has announced new e-commerce regulations for free zones.
04/24/2018
Guardian Wealth hit with $1m fine
GWMQ was authorised by the Regulatory Authority on 20 October 2009 as an insurance intermediary firm to conduct insurance mediation in accordance with Article 29 of the Regulations.
04/24/2018
Baker McKenzie recognized for regulatory & investigations in the Middle East
The awards ceremony celebrated outstanding achievement within the legal profession.
04/23/2018
Antitrust legal quick tips. Foreign investment review: five key antitrust tips
Against this backdrop, companies contemplating cross-border M&A must be aware of foreign investment review regimes and plan accordingly.
04/22/2018
Bahrain participates in IMF-World Bank meetings
the Minister said that the package aims to provide the WBG with an average annual financing capacity of about $100 billion between the fiscal years 2019-2030.
04/22/2018
DIFC’s FinTech Hive expands accelerator programme
Insurance, Islamic finance and regtech services to be included
04/22/2018
'Talks to sell 70 per cent of Kuwait's Global Investment House underway'
The stake is currently held by NCH Ventures SPC, Al Rubaie told Reuters on the sidelines of the meeting.
04/20/2018
Iran lawmakers want central banker fired amid rial chaos
Under his leadership inflation was curbed, as promised, to 9.6% from a high of 40% when Rouhani first took power.
04/20/2018
DIFC targets new wealth products and SE Asia in global initiative
The DIFC is also home to China’s four largest banks in terms of total assets; Bank of China, Agricultural Bank of China, ICBC and China Construction Bank Corporation.