08/15/2017
It concluded that it was a “damaging blow” to its economy, with a 36 percent fall in imports, a dramatic rise in the cost of food, a fall in construction-sector activity and sharp tensions in the Qatari banking sector.
08/13/2017
This change will impact diverse a bank’s business including accounting, risk management, capital management, regulatory reporting and more
08/10/2017
SBI Jeddah, which had been licensed to start operations in the Kingdom on Oct. 3 2005, is expected to exit the Saudi banking market by the end of the year 2017.
08/10/2017
The boycott, however, was not announced publicly, another banker said.
08/09/2017
In April 2015, the DFSA published its related action against DBDIFC for misleading the DFSA, and for failures in DBDIFC's internal governance and systems and controls and in its client take-on and anti-money laundering processes.
08/04/2017
The decision by Qatar's fifth-biggest lender, which has a branch each in Dubai and Abu Dhabi, comes amid continuing tensions between Doha and a Saudi-led bloc, which on June 5 cut diplomatic and transport ties and also imposed some economic sanctions