How will two new regulatory heads in the Middle East shape its future?
The Middle East is coming of age in regulatory terms as great swathes of new rules are driving the direction…
Regulation, Risk & Compliance
8954 articles found
EBRD President pledges full support for Turkey’s green transition
EBRD ready to help finance Turkey’s green transition, President Renaud-Basso says on first visit to Turkey President calls for a…
Shariah-complaint finance in Saudi Arabia hits $430bn, Central Bank head says
Saudi Arabia witnessed rapid growth in Islamic financing with the total Sharia-compliant financing amounted to more than $430 billion, while…
Saudi economy grows at fastest rate in nearly a decade
Saudi Arabia’s economy grew at its fastest pace in nearly a decade in the third quarter, boosted by higher oil…
Mashreq Bank reaches deal with US authorities, will pay $100m penalty
Mashreq Bank has reached a settlement with authorities in the US over dollar-related transactions that ‘primarily took place a decade…
Egypt central bank approves instant payment regulations
Egypt's central bank has approved regulations designed to allow people to make instant electronic payments between bank accounts using their…
Middle East data protection update
The past couple years have seen Qatar, Saudi Arabia and the UAE in particular has continue to take significant steps…
UAE regulators and exchanges issue High-Level Statement on Sustainable Finance to advance national net-zero goal
The UAE Sustainable Finance Working Group, comprised of numerous federal and local UAE regulators and exchanges chaired by Abu Dhabi…
IBF Net receives shariah compliant certification for its impact cryptos
Impact cryptos as a subset of social cryptos are the latest innovations in the field of fintech to gain Shariah…
Tokenization Of Real Estate Assets: Explained
As blockchain and cryptocurrency regulations in the region begin to grow, numerous start-ups are showing interest, along with major financial…
Saudi Export-Import Bank signs agreements worth over $100mln with DHAMAN
The Saudi Export-Import (Saudi EXIM) Bank has recently concluded reinsurance agreements worth over USD 101 million (about SAR 380 million)…
Qatari Central Bank approves $50bln bank merger
Qatar Central Bank (QCB) has approved the $50bn merger between Masraf Al Rayan and Al Khaligi Bank. The merged…