08/05/2015
It will pay $150 million cash for a 98.5 percent stake in the business, helping Kuwait's seventh-largest bank by assets expand and giving Greece's Piraeus a much-needed liquidity boost.
08/04/2015
The UAE’s Securities and Commodities Authority and the Financial Services Regulatory Authority of Abu Dhabi Global Market have signed a Memorandum of Understanding to exchange information and enhance mutual cooperation on areas including market sup
07/30/2015
HE Dr. Abdulrahman Bin Abdullah Al Hamadi also reviewed the latest work developments of the Arab Committee on Payment & Settlement Systems
07/30/2015
Turkey’s central bank is weighing a move to a simplified single-rate policy to boost confidence and attract more investment to the Middle East’s largest economy.
07/29/2015
The company said its reputation had suffered from client complaints and a recruitment drive did not yield results quickly enough to save the business.
07/29/2015
The investigation followed a periodic risk assessment by authorities that identified deficiencies in Arqaam's systems and controls to prevent money laundering
07/27/2015
The Qatari government approved a draft law that specifies requirements to practice real estate brokering in the country. Previously outside of any specific law until now, the new law will set obligations and disciplinary accountabilities of the real estat
07/26/2015
The law will determine the best practices in the financial markets
07/24/2015
No one knows how many left their debt behind, but it is well documented that some fled because they had loans and credit cards they could not afford to pay back.
07/23/2015
Jordan’s state news agency Petra reports that the Government has given the go-ahead for the signing of a $3-billion soft loan framework agreement with Islamic Development Bank
07/22/2015
The European Court of Human Rights states that Turkish state’s seizure of Demirbank in 2001 was unfair, in a repeat of a similar ruling concerning Kentbank.
07/21/2015
The SFO gained powers to strike DPAs in February last year
07/16/2015
The license allows the bank to expand its activities as wholesale bank from Kingdom of Bahrain.
07/16/2015
The UK’s foreign office was conned out of $1.3 million (£870,572) after officials fell victim to a major fraud in Dubai.
07/15/2015
The firm will now open a branch office in Tehran headed up by first ranking Iranian qualified lawyer Saeid Salari.
07/14/2015
The Central Bank of Kuwait has issued the Financial Stability Report for 2014 - Governor Dr Mohammad Al-Hashel announced yesterday.
07/14/2015
ADGM on Track for First Financial Services Licence Applications by Q4 2015
07/13/2015
Barwa Real Estate Group announced signing a Shari’ah-compliant financing contract with the International Bank of Qatar, worth $175 million approximately QAR 640 million.
07/13/2015
More than 200 expats have registered their wills with a new common-law probate system launched in May, it was announced on Sunday.
07/12/2015
These achievements are possible thanks to the accumulated expertise and skills of the UAE people