Shareholders approve merger of Qatari lenders Masraf Al Rayan, Al Khalij
Qatari lender Masraf Al Rayan’s shareholders have approved the proposed merger with Al Khalij Commercial Bank in a move that…
Regulation, Risk & Compliance
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DIFC simplifies and clarifies employment law in amendments
The Dubai International Financial Centre has enacted changes to its employment law to bring in a number of clarifications and…
Dubai Financial Services Authority provides right regulatory framework for future of finance
The Dubai Financial Services Authority (DFSA), the independent financial regulator of the Dubai International Financial Centre (DIFC), continues to enhance…
How Investment Funds Can Drive the Green Transition
Sustainable investment funds need to be scaled up to support a successful transition to a green economy The transition…
Global Processing Services Continues International Expansion with Launch of MENA Headquarters
Global Processing Services (GPS), the Paytech Pioneer™ behind some of the world’s biggest fintech challengers, today announces that it has…
UAE to raise around $3 billion via debut bonds
The UAE is expected to raise between $3 billion and $3.5 billion from its debut bond sale, Khaleej Times reported.…
Lebanon resumes IMF 'interactions', committed to fair solution for creditors
Lebanon has resumed "interactions" with the International Monetary Fund with a view to agreeing a recovery program that can harness…
UAE Central Bank issues additional guidelines to combat money laundering
The Central Bank of the UAE has issued new guidelines to help licensed financial institutions (LFIs) – which lend to…
Saudi regulator CMA approves four stake sale applications in Nomu
Saudi Arabia's capital market regulator has approved the share sale applications of four companies in the Nomu Parallel Market. …
UAE's Central Bank issues 2020 silver coins to mark Expo opening
The UAE's Central Bank has issued of silver coins that feature Expo 2020's official mascots - the second commemorative coin…
Saudi Arabia sukuk to join widely followed FTSE bond index
FTSE Russell said on Thursday that Saudi Arabia's sukuk will be added to its widely followed local currency Emerging Markets…
Digital currency bridges can speed up global trade payments: CBUAE
The Central Bank of the UAE (CBUAE) together with the Bank for International Settlements (BIS) Innovation Hub Centre in Honk…