03/04/2015
Turkey Finans Katilim Bankasi A.S. receives a License from the Central Bank of Bahrain
The bank was formally founded in 1991
Legal, Tax, Regulation & Compliance
03/04/2015
Al-Jarallah reiterates Kuwait commitment to fight money laundering
Foreign Ministry Undersecretary Khaled Al-Jarallah on Wednesday chaired a meeting for the committee in charge of implementing the UN Security Council resolutions on fighting money laundering and terrorist financing.
03/04/2015
National Bank of Fujairah’s trading to be suspended on March 18
National Bank of Fujairah’s AGM will be held at 12pm on the March 18
03/03/2015
Seven new trends in post-crisis financial regulation
Sharma identified seven trends in global financial regulation that he has observed, pivoting around the emergence of a new regulatory paradigm that has seen the rise of the discretionary regulator and implementation of regulations beyond depositor, policy
03/03/2015
Awad Advisory announces move to DIFC and rebranding as Awad Capital
The firm will offer a broad range of strategic financial advisory services
02/27/2015
Israel regulator seeks bank provisions to cover possible tax settlements-Army radio
Citing an unnamed source, the radio said the request was made to Hapoalim, Israel's largest bank, and Mizrahi Tefahot, the fourth biggest.
02/26/2015
Erdogan’s attack on central bank knocks Turkish sentiment
Babacan, who is in charge of the economy, met Prime Minister Ahmet Davutoglu for more than two hours late on Wednesday after Erdogan questioned whether the bank was under external influence and slammed its interest rate policy.
02/25/2015
CBB tightens rules on banker bonuses
Central Bank of Bahrain Governor Rasheed Al Maraj said the amendments to the CBB Rulebook on remuneration rules for licensed banks were brought in to better protect shareholders and other stakeholders.
02/25/2015
Ex-Leeds United managing director applies for private prosecution over 'deceitful' Dubai incarceration
I have now been held approaching 300 days without questioning, charge or trial
02/24/2015
Watchdog warned over possible penalty for Bank Asya action
If the meeting is not held soon, we will be obliged to pay compensation
02/23/2015
DIFC Drives 'Dubai Forward'
Dubai International Financial Centre (DIFC), the international financial centre for the Middle East, Africa and South Asia region, announced today its sponsorship of Dubai Forward
02/23/2015
Kuwait bank manager accused of embezzling $2.76m
No further details of the alleged crime were revealed.
02/23/2015
Alexander Granovsky faces Israel lawsuit over bank debt
To this end, the bank has hired the services of Adv. Alon Pomeranc, head of the litigation department at the firm of Lipa Meir & Co.
02/22/2015
UAE Foreign Minister Visits New Zealand, Talks FTA, Signs Agreements
They discussed the scope of new opportunities to support the bilateral relations in more fields to serve the common interests of the two countries and peoples, reports Gulf News.
02/19/2015
Outlook on four Saudi Arabian Banks revised Negative after Sovereign outlook action
Standard & Poor's Ratings Services said today that it has revised its outlooks on four Saudi Arabian banks to negative from stable; Al Rajhi Bank, The National Commercial Bank, Riyad Bank and Samba Financial Group.
02/19/2015
Global law firm continues development in Middle East
The firm has announced several developments to its Middle East practice in support of its continuing investment in the growth of its capability across core sectors of focus and positioning as a leading law firm for international commerce.
02/19/2015
Free trade agreement between UAE and Switzerland this year
Top Swiss official says she is not alarmed by HSBC scandal and the banking sector is doing good
02/16/2015
Shearman & Sterling Advises Qatar Investment Authority on Offers for Canary Wharf Group
Shearman & Sterling is also advising QIA and Bidco on the follow-on £4.1 billion mandatory cash offer for the entire issued share capital of CWG which is not already held by Songbird
02/11/2015
Shuaa Capital unit eyes Saudi leasing market with new licence
Last week, Shuaa Capital said it would seek a stand-alone public rating for its business of lending to smaller companies
02/11/2015
Capital Intelligence affirms Arab Jordan Investment Bank’s ratings
The Bank's Financial Strength Rating (FSR) is affirmed at 'BBB'