11/28/2018
SQM, an SEC registered investment adviser focused on emerging markets, specifically frontier Africa and the Middle East, selected BNY Mellon following a competitive tendering process.
11/28/2018
Bahrain’s central bank has already tightened governance rules for Islamic banks
11/28/2018
The Lebanese Canadian Bank collapsed following a US investigation in 2011 that accused the institution of supporting money laundering networks and international drug trafficking
11/28/2018
His Excellency added that the agreement implements passporting mutual recognition as a regulatory mechanism for the promotion and supervision of investment funds, and encourages foreign licensed firms in financial free zones based in other countries to mo
11/27/2018
Bahrain has created a fintech regulatory unit and Abu Dhabi and Dubai is cultivating a financial startup scene.
11/27/2018
First Abu Dhabi Bank part of 51 foreign syndicated loan deals
11/26/2018
The meeting marked the widespread rollout of automatic exchange of financial account of information.
11/23/2018
The two are being investigated by Swiss prosecutors and the banking regulator, which allege they used their position on Falcon's board to enable 1MDB to conduct unlawful business.
11/22/2018
The sovereign-wealth fund says the bank played a ‘central role’ in the 1MDB scandal
11/22/2018
The regulator has asked the bank to also ask the chief executive and chief financial officer to resign immediately as it does not consider them "fit and proper".
11/22/2018
Crowdfunding has globally witnessed incremental growth aided by Fintech platforms, the CBB noted.
11/22/2018
The parties also attended the Bahrain – Hebei Business Forum to discuss opportunities and strengthen cooperation.
11/22/2018
The collaboration between CFA Institute and MEIRA underscores the mutual commitment of both organisations to contribute to improve the communication of the Middle Eastern companies
11/21/2018
The deteriorating bank ties also threaten a larger re-export trade of other countries' goods to Iran through Dubai's ports and airports
11/21/2018
New agreement is aimed at financing micro, small and medium-sized enterprises in Jordan
11/21/2018
These generous policies for the local populations now face a key problem: how to ensure they remain sustainable in the long-term.
11/21/2018
The industrial group is planning a 5- to 7-year tenor fixed-rate U.S. dollar-denominated senior unsecured sukuk under their $3 billion Trust Certificate Issuance Programme, subject to market conditions.
11/21/2018
A new economy really is needed in MENA.
11/20/2018
The new government has been struggling to plug the big hole on the external front as the current account deficit reached record $18bn in FY18.
11/20/2018
Under the existing law, the figure is JD24,000 for households with JD4,000 in exemptions on VAT medical and educational receipts and invoices and JD12,000 for individuals.