02/21/2021
Saudi Central Bank launches instant payment system Sarie
New IPS allows customers to send and receive low-value local remittances 24 hours a day
02/21/2021
New IPS allows customers to send and receive low-value local remittances 24 hours a day
02/19/2021
It will be made available to ‘top talent’ globally for up to 10 years
02/19/2021
Staveley is asking for £819mln in damages through a civil lawsuit over the bank’s emergency cash call during the 2008 financial crisis
02/18/2021
The Centre’s comprehensive financial ecosystem continues to attract global payments and technology players to the region in order to scale via accessing MEASA markets.
02/18/2021
REIT funds provide several investment options for investors allowing the companies and individuals to invest in properties
02/17/2021
The move is reflective of the robust solvency profile of the UAE national banks
02/17/2021
4,300 new licences for economic and commercial activities around the country were issued in the first 15 days of February
02/17/2021
The oil-producing nations of the Gulf have been among those hardest hit by the global pandemic, dealing with the double blow of both depressed economic activity and plummeting oil prices due to limited demand.
02/17/2021
Qatari financial services regulator works with global body to provide digital platform to assess whether financial services workers understand how to prevent financial crime
02/16/2021
Companies will, however, be free to work with the private sector.
02/16/2021
Given the wall of losses facing the financial sector, some investors and economists say it's too little too late anyway
02/16/2021
Its launch will confirm Qatar as the first country in the Middle East to implement a country wide, digital, AML/CFT assessment, with a unique reporting function, as part of QFMA efforts to combat the causes of financial crime in the Qatar capital market.
02/15/2021
HSBC says it is optimistic about growth opportunities in Gulf state
02/15/2021
The fact that this transaction was first completed in Qatar demonstrates that the country has a number of market leading internationally recognised Islamic financial institutions with diversified product sets and a high demand for Sharia compliant banking
02/12/2021
The increase in home office practices worldwide let firms explore further into the new setup.
02/12/2021
Once activated, it will allow beneficiaries to benefit from it in the implementation of financial transfers between accounts in local banks immediately, with fees less than the fee charged in current system of transfers between banks.
02/12/2021
Investors ‘have a new structure in which to hold their assets efficiently and with full legal recognition’
02/12/2021
The deposits and current balances increased to around $52.31bln in December 2020
02/12/2021
The exchange house reportedly has a weak anti-money laundering and combating financing of terrorism compliance framework
02/12/2021
The new developments introduced by the FDI Law have now been further developed by way of Federal Decree-Law No 26/2020 issued on 28 September 2020.