12/18/2020
The agreement was signed on November 7, in the Economic City, between Mr. Ahmed Ibrahim Linjawi, CEO of King Abdullah Economic City, and Mr. David Dew, the Managing Director of the Saudi British Bank (SABB)
12/18/2020
Saudi Arabia recently indicated that a solution to the dispute was within reach as did Egyptian Minister of Foreign Affairs Sameh Shoukry.
12/18/2020
The Middle East marks one of its fastest growing practices in the world, spurred on by a business environment hungry for improvement and government-backed efforts to transform the region into an economy of the future.
12/18/2020
The new SVF Regulations substantially tighten up the existing regime and aim to ensure that all SVFs which are issued and operated in the UAE do so in a secure, sound and efficient manner.
12/18/2020
The agreement between the two banks came one day after the UAE and Bahrain signed agreements to normalise relations with Israel under US auspices.
12/18/2020
Show more sharing options The pacts will normalise relations between Israel and the UAE, but it aims to do much more.
12/17/2020
The global organization which celebrates its 60th anniversary this week is considered to be the world's largest think-tank and research centre on pension
12/17/2020
On Nov 19, the bank announced that it decided to start providing funding via quantity repo auctions with one-week maturity, in order to simplify the operational framework of monetary policy.
12/17/2020
After that, the Council considered the topics on the agenda as follows: First, the cabinet approved a draft law to amend some Commercial Companies Law provisions, Law No. (11) of 2015, and to refer it to the Shura Council.
12/16/2020
Lebanese banking staff 'held captive by fear' as jobs hang in the balance
More than 300 banking branches are expected to close in Lebanon by early next year, says one bank manager
12/16/2020
Saudi banks remain resilient amid pandemic, backed by new regulations
As per the latest available statistics, house ownership levels climbed well over 50 per cent which was previously identified as a milestone point by the end of FY 2020 as part of the Vision 2030.
12/16/2020
‘Qatar has enhanced economic laws’
“The new rules embrace virtual hearings as an option to the parties due to Covid-19 pandemic,” Sheikh Thani added.
12/15/2020
The accused, also involved in drug trafficking, were found guilty of using exchange houses to transfer illegal funds to Pakistan
12/15/2020
The charge against the banking industry is that time after time
12/14/2020
With a joint track record in delivering service excellence to clients in Germany, since 2005, the expanded partnership, as determined by today’s signed agreement, now sees EMEA insurance clients benefit from the joint expertise
12/14/2020
A statement issued by the Abu Dhabi Judicial Department (ADJD) on Saturday said that the UAE has an integrated and flexible financial legislative system and a specialised judicial structure to combat financial crimes which has contributed to reduce money
12/14/2020
The decision issued by Abdullah bin Salim Al Salmi, executive director of the Capital Market Authority, directed all the companies to work on conciliating its conditions according to the regulation’s requirements during one year.
12/11/2020
Aggregate debt of GCC government-related banks (wholesale or interbank funding, excluding customer deposits) rose to 17% of GDP in 2019 and ranged from 14% of GDP in Bahrain to 46% of GDP in Qatar in 2019.
12/10/2020
A Fintech Regulatory Sandbox is a common and worldwide-used approach to achieve the objective of harnessing opportunities for innovation in the financial sector while mitigating the accompanying risks.
12/10/2020
The Chartered Insurance Institute exists to drive up professional standards across International markets