CMA creates new department to combat money laundering
The Capital Market Authority has created a new administrative structure for combating money laundering and for keeping an eye on…
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Fitch affirms Commercial Bank rating at ‘A’ with stable outlook
Fitch Ratings has, once again, affirmed Commercial Bank’s unchanged long-term issuer default rating at “A” with a stable outlook. …
GTA signs agreements with banks to facilitate tax payment
The General Tax Authority and QNB signed a financial services agreement yesterday. The GTA also signed three memorandums of…
Foreign and Arab institutions increasingly turn net buyers on QSE
Foreign and Arab institutions were increasingly net buyers and the Gulf funds were seen bullish on the Qatar Stock Exchange,…
CBE renews suspension of ATM and banking transaction fees until June 2021
The Central Bank of Egypt decided on Monday to renew until June 2021 a number of procedures it has put…
Sharjah announces $9.14bn budget for FY 2021
HH Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, has approved a general budget…
Boursa Kuwait gets CMA nod to restructure Premier Market needs
After the success of Premier Market, which is considered the ideal destination for investors for what it offers in terms…
Accuindex Appoints Adel Jibrin as Director to Lead Middle East Operations
Accuindex, a retail FX and CFDs broker, announced today that it has appointed Adel Jibrin as the company’s new Director…
Oman: Seven arrested on charges of online fraud
Seven expats have been arrested by the Royal Oman Police (ROP), on charges of online fraud. A statement issued…
Gulf economies must now show equal dexterity in handling their debts
Looking back, it's easy to forget that many of the major Middle East economies were already having an extremely tough…
Qatar commercial banks assets total QR1.65tn in November: QCB
Assets of Qatar's commercial banks grew about 10% year-on-year growth this November, mainly on faster expansion in domestic assets, as…
Dubai's Al Mal Capital raises Dh350m for its IPO in turbulent times
Dubai's first IPO (initial public offering) in some time, Al Mal Capital, raised Dh350 million for its real estate investment…