11/02/2020
EBRD grants Banque du Caire $50m loan to support MSMEs
The loan will assist the Egyptian bank in developing its MSME lending activities, and expand access to finance for underserved MSMEs.
10/30/2020
The amendments generally take effect as from 21 September 2020.
10/30/2020
The amendments were introduced in response to the government’s efforts to merge the informal economy with the formal system and to improve the administrative practices of the Egyptian Tax Authority (ETA) so it will work more efficiently and the numb
10/30/2020
The police said fraudsters send such messages, usually via SMS or WhatsApp, to dupe bank customers into sharing their personal data.
10/29/2020
The Central Bank has taken a number of initiative in the last few months about money laundering and fighting terror financing.
10/29/2020
The central bank said this month that it had provided "all the documents and information which Lebanese laws allow."
10/29/2020
Dentons also regularly advises CBD on its annual EMTN programme updates and the issuance of notes under the programme
10/29/2020
Kuwait, which pegs the dinar to a basket of currencies dominated by the US dollar, cut to 1.5% and was the only Gulf country that matched the Fed’s unexpected decrease of a full percentage point.
10/28/2020
But the US central bank is an active participant in research - while conducting its own - into the prospect in partnership with other central banks and the Bank for International Settlements (BIS).
10/28/2020
The COVID pandemic has disrupted international financial channels and put pressure on hard currency inflows to Emerging Markets
10/28/2020
The CBUAE took the exchange houses' poor compliance histories into account
10/28/2020
The average accepted price reached 99.723 for every OMR100 while the minimum accepted price arrived at 99.550 per OMR100.
10/28/2020
The CBUAE is also now responsible for protecting the rights of the insured and monitoring the financial solvency of insurance companies.
10/27/2020
The UAE government announced yesterday it has merged the Insurance Authority (IA) with the Gulf state's central bank.
10/26/2020
Egypt’s finance minister Mohamed Maait points to economy’s relatively strong performance despite pandemic
10/26/2020
Fayed noted that this move comes in line with the bank’s expansion strategy that relies on new digital channels
10/26/2020
Jersey is set to sign its first BIT with the UAE later this year.
10/26/2020
Al-Suwaidi said that the batch received the licence after completing the regulatory procedures specified in accordance with the provisions of the law.
10/25/2020
The decision also transfers all operational and executive powers of the Securities and Commodities Authority to the local stock markets
10/23/2020
Amer Group signed consumer- and structured-finance player Sarwa Capital and Misr Capital Investments, Banque Misr’s investment arm, as advisors on the corporate Sukuk issuance in July.