07/01/2014
Latham & Watkins advised Banque Saudi Fransi , a leading lender in Saudi Arabia, in connection with its SAR2 billion Tier II sukuk issuance through a private placement in the Kingdom of Saudi Arabia.
06/30/2014
He also noted that the Al Roumi cousins, despite being based in Kuwait, both spoke good English and came regularly to England
06/29/2014
The EMTN Programme was arranged by the National Bank of Abu Dhabi and Standard Chartered Bank, who also acted as Joint Lead Managers in relation to the Note issue.
06/29/2014
The central bank noted that the concentration in Israel's credit market would also lead to sharp increases in bond yields
06/27/2014
CBK Aims To Boost Banking Sector’s Reputation
06/26/2014
The panel reviewed the new eBanking services through new electronic systems in order to facilitate the financial transactions
06/26/2014
It is illegal for bank customers to pay any additional interest on their loans
06/25/2014
National Bonds Corporation, the leading Sharia-compliant savings and investments company in the UAE, has appointed new members to the Fatwa and Sharia Supervisory Board as part of its priority to ensure the effective compliance of its products, financial
06/24/2014
The management shake-down is a bid to simplify reporting lines devolve power to fewer key members of the firm.
06/24/2014
Qatar’s 2010 Law established a comprehensive framework for AML/CFT supervision and enforcement covering the entire range of business sectors (financial and other) at risk to money laundering and terrorism financing.
06/24/2014
Banks across the Gulf have been waiting for regulatory guidance on how debt instruments such as sukuk will be treated under Basel III
06/18/2014
The country's net foreign assets, swelled by high oil prices, are currently worth about $730 billion, and have been growing at an annual rate of about 9 percent.
06/17/2014
Fraudulent financial and banking practices are growing worldwide, posing a real threat to electronic financial dealings, said Talaat Hafiz, secretary general of the media and awareness committee for Saudi banks
06/16/2014
GFH Capital, the Dubai-based subsidiary of Bahrain's Gulf Finance House, is in the midst of a legal battle against its former deputy chief executive David Haigh who it accuses of embezzling $5 million from the company, it has been revealed.
06/16/2014
Kuwait's Capital Markets Authority has rejected an appeal by Bahrain-based Gulf Finance House against the regulator's decision to monitor its Kuwait-listed shares, the investment firm said on Monday.
06/16/2014
Kuwait’s Capital Markets Authority has rejected an appeal by Bahrain-based Gulf Finance House against the regulator’s decision to monitor its Kuwait-listed shares
06/13/2014
Kuwait's government on Wednesday disputed allegations by the opposition that tens of billions of dollars were stolen from public funds by former senior officials, saying documents supporting the claims are fake.
06/13/2014
The new authority is intended as a "one-stop shop" for litigation and arbitration in the region.
06/12/2014
Kuwait’s government yesterday disputed allegations by the opposition that tens of billions of dollars were stolen from public funds by former senior officials, saying documents supporting the claims are fake.
06/12/2014
Legal authorities in Dubai are weighing criminal charges,