10/30/2014
Burgan Bank, Kuwait’s third-largest lender by assets, has received regulatory approval to launch a KD21.6 million rights issue by the end of 2014, it said in a bourse filing on Thursday.
10/29/2014
Complying with evolving U.S. economic sanctions and anti-money laundering regulations is an existential issue for Lebanese and Arab banks, bankers and legal experts said Tuesday at the 2014 annual forum for the heads of compliance units at Arab banks and
10/27/2014
The release of this standard was swiftly followed in July by the publication of a final and complete version of IFRS 9
10/26/2014
Cyber Risk Services and Crisis Management round out broad portfolio Deloitte considers cyber risk services to rank among its most important offerings in the marketplace.
10/26/2014
Efforts to promote the use of Bitcoin in the UAE have stalled amid uncertainty over how it is regulated here and in the wider region.
10/26/2014
The agreement puts in place a mechanism for cooperation between the two banks on regulatory matters
10/24/2014
Leading Omani Law Firm triumphs at IFLR Middle East Awards 2014
The firm scooped the 'Equity Team of the year' award in the face of strong competition from UAE-based legal powerhouses, Clifford Chance, Linklaters, and Latham and Watkins.
10/22/2014
But one centre has appealed to ADGM more than the others: Singapore
10/22/2014
The UAE currently has four, including the Central Bank and Insurance Authority, in addition to the federal Securities and Exchange Authority and the Dubai International Financial Services Authority.
10/22/2014
A Parliamentary bill regarding the country’s banking law was submitted to the Turkish Parliament yesterday
10/22/2014
Commercial Bank of Kuwait, the Gulf state’s fifth-largest lender by assets, has reached a string of debt settlements with clients that have helped to slash its non-performing loans
10/21/2014
Dentons celebrates the launch of new women's network in the Middle East
10/20/2014
Despite common characteristics and strong financial fundamentals, top three Gulf national banks such as Qatar National Bank National Bank of Abu Dhabi; and National Bank of Kuwait have differing risk profiles.
10/20/2014
Al Tamimi & Company, the Middle East's largest law firm, has won an impressive five awards at this year's IFLR Middle East Awards, underlining its position as the region's pre-eminent law firm for banking and finance matters, and for ca
10/20/2014
International law firm to open Dubai branch
With offices in Geneva, Lausanne, Luxembourg, Paris, and Shanghai,
10/17/2014
Small businesses were largely neglected during the early 50s and 60s and only went on to attract attention as the whole world moved towards becoming industrial economies.
10/16/2014
Seetharaman addressing the session on “Customer Risk Ratings and Evolving Nature of Financial Crime” at BNY Mellon, New York yesterday.
10/16/2014
In order to qualify as a QIF, a Domestic Fund must satisfy the following conditions at its inception and on an on-going basis.
10/15/2014
Expatriates in Oman sent home US$9.1bn while the country received US$39mn as remittance last year
10/15/2014
The growth of bank deposits also remained healthy as time and saving deposits continued to benefit from the prospect of higher interest rate while heightened activity in the stock market exerted little impact on demand deposits.