Qatar streamlines financial rules, targets Islamic banking
The Qatar Financial Centre (QFC) Regulatory Authority has introduced a new set of Islamic banking regulations and a revised set…
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S.Arabia licenses 900-mln-riyal national home finance company
Saudi Arabia's central bank has granted a license to its national home finance company, Bidaya and it will launch with…
Former F1 boss to open Billionaire Club in Dubai
International jetsetters, rejoice; former Benetton and Renault team boss Flavio Briatore is all set to open a branch of his…
ANB named Best Retail Bank in Saudi Arabia Join our daily free Newsletter
Arab National Bank has been named the Best Retail Bank in Saudi Arabia by the Global Banking and Finance Review…
A Third of Banks and Payment Services Fail To Provide a Secure Connection for All Online Payments
A study by Kaspersky Lab and B2B International reveals that 33% of financial services organizations don't offer customers a secure…
Oman's total bank credit grows 10% to OMR18.3b
The incremental growth for the last one year was OMR1,731.8 million, which is more or less in line with the…
Turkey banking chief sees looser regulations in wake of rate hike
Turkey's central bank left all interest rates unchanged for a 10th consecutive month on Tuesday, defying expectations that it would…
The Trouble With Sovereign-Wealth Funds
Kazakhstan’s $55 billion sovereign-wealth fund helped pull the country through the global financial crisis and offered funding for the country’s…
Plans for mobile wallet, direct debit projects to be ironed out
The UAE Banks Federation will work to finalise the mobile wallet project and improving the regulatory and legal framework for…
QFC Regulatory Authority Issues New Prudential Rules for Islamic Banking and Financial Institutions and Revised Conduct of Business Rules
The Qatar Financial Centre Regulatory Authority introduced new Islamic Banking Business Prudential Rules 2015 and a revised version of the…
SKFH Wins Best IPO Fund 2015 Award
Saudi Kuwait Finance House won best Initial public offering IPO fund award for the year 2015 from "Global Banking and…
UAE Banks Federation Reviews Strong Achievements for 2015
The Chairman of the UAE Banks Federation , HE AbdulAziz Al Ghurair, has hosted a meeting to review and appraise…