03/15/2022
Lebanon judge freezes assets of 5 banks during probe
Lebanese banks have imposed informal capital controls since the economic crisis began in October 2019 after decades of corruption and mismanagement by the country’s political class.
03/15/2022
Lebanese banks have imposed informal capital controls since the economic crisis began in October 2019 after decades of corruption and mismanagement by the country’s political class.
03/14/2022
The UAE Ministry of Finance and OECD officials also discussed the need to address base erosion, profit shifting, economic substance regulations, and common reporting standards
03/14/2022
The Central Bank of Bahrain announces that the monthly issue of the Sukuk Al-Salam Islamic securities, has been oversubscribed by 180%
03/13/2022
Countries face a challenge in replacing supply of commodities from Russia and Ukraine
03/11/2022
The program encourages Saudi banks to loan to small businesses by guaranteeing a portion of the funds, and was launched in response to the coronavirus-related economic downturn in Saudi Arabia.
03/11/2022
Open for public consultation until May 6, the proposed regulations are aimed at protecting investors and ensuring market integrity
03/11/2022
The DFSA found that, in making these statements, Paymentology disseminated misleading or deceptive information in breach of DFSA administered legislation.
03/11/2022
Both Dalma and Mr Cefaratti dispute the DFSA’s findings and have referred the Decision Notices to the Financial Markets Tribunal
03/11/2022
The second agreement concerns the Mediation and Arbitration Centre of the Union of Arab Banks, with a partnership agreement aimed at resolving disputes between the various Tunisian banks.
03/11/2022
Founded in 1957, Al Rajhi Bank is considered one of the world's largest Islamic banks by capital value.
03/10/2022
A regulatory authority will be established under the new law to oversee the sector
03/10/2022
Banks have denied claims of favoritism toward certain clients, and say they have consistently called on the government to introduce a capital control law to regulate the sector — something the government has failed to do.
03/10/2022
The new rules will take effect on 21 March 2022 and will replace rules which have been in place since 2007.
03/09/2022
QFB has recently announced its financial results for the year ending 31 December 2021
03/08/2022
Across its 50+ offices globally, Alvarez & Marsal supports the advancement of women through mentorship, training and flexible work models that help women thrive both professionally and personally.
03/08/2022
This comes in line with SAMA’s mandate of promoting financial sector stability, supporting economic growth and enhancing its support to MSMEs development.
03/07/2022
“If this is not accepted, then the bank has no choice but to close the account.”
03/07/2022
The organization noted that the UAE “has made progress” in strengthening anti-money laundering measures
03/07/2022
The new rules will take effect on 21 March 2022 and will replace rules which have been in place since 2007.
03/06/2022
Country will work closely with FATF to address remaining areas of improvement