06/14/2020
The DFSA recognises that engagement with market participants is essential to ensure that this evolution occurs in a way that maintains the protection of client assets and market integrity.
06/12/2020
The kingdom has also lost revenue from the suspension of Muslim pilgrimages to the holy cities of Mecca and Medina, which were closed to visitors due to the virus.
06/12/2020
The amendments to the ADGM founding law, issued alongside accompanying guidance were announced on 27 May 2020
06/12/2020
The new loan is part of the EBRD’s efforts to support Turkey and other countries where it invests to combat the economic impact of the virus and support recovery.
06/12/2020
Emirates NBD issued the statement in response to a recent news report speculating that BofA had bought 100 million shares
06/12/2020
The Turkish central bank’s net foreign currency reserves dropped to $31.55 billion as of June 5 from $41 billion early this year, according to latest official data.
06/12/2020
Businesswoman Amanda Staveley testifies in her lawsuit about deal that allowed bank to escape government bailout
06/11/2020
The benefits of deploying blockchain in banking operations range from increased security to the ability to track and trace money.
06/11/2020
'Roadmap' to be prepared to start on hosting mega-events in the city
06/11/2020
Stimulus measures seen to weigh positively on key economic indicators
06/11/2020
The CBUAE launched TESS in two phases, commencing on 14th of March.
06/11/2020
The metal eventually turned sideways when so-called risk assets bounced, but with gold holding up due to U.S. dollar weakness and low long-term real interest rates, Goldman said in a report Tuesday.
06/11/2020
By structuring transactions using vehicles domiciled in the ADGM, enforceability of structures and transaction terms can be improved for private equity and venture capital investors.
06/10/2020
The workshop and additional online sessions with a dedicated mentor helped Abjjad decrease the time and cost of operations as well as increase productivity and quality in the publication of Arabic digital books on their platform.
06/10/2020
The Court of Appeal issued a judgment agreeing with the Claimant and, insofar as it related to the award of legal costs, partially nullified the final award.2
06/10/2020
Total assets of the banking sector have increased by about 14 percent to SR2.7 trillion in the first quarter compared with a year earlier.
06/10/2020
TAML is a specialised investment management firm part of the TATA Group
06/09/2020
Sharia-compliant liquidity and borrowing tool launched
06/09/2020
Tariq Kazim, general manager for business group at Al Baraka Islamic Bank, signed the agreement on behalf of the bank
06/09/2020
While fintech is on the rise across the region, this new money transfer via blockchain by the central bank will no doubt shine the much-deserved spotlight on fintech in Saudi Arabia.