Lebanon creditors could face 75% haircut in narrow recovery path – Goldman Sachs
Lebanon bond investors could see their holdings slashed by 75%, Goldman Sachs said, should the newly formed government solve losses…
Regulation, Risk & Compliance
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Kuwait's Warba Bank to issue $250mln sukuk
Warba Bank, a Kuwait-based Islamic Bank, is preparing to issue another sukuk to boost its capital base, according to a…
Dubai decree changes Dubai disputes landscape
Dubai law makers have taken steps to abolish two arbitral bodies in a move that may fundamentally alter the arbitration…
England to accept UAE vaccine certificates
The UK government has announced that it will accept UAE vaccination certificates from October 4, coinciding with the removal of…
DAMAC founder gets regulatory approval to go private
The founder of DAMAC Properties is relaunching a partial offer to take the firm private after the securities regulator of…
Central Bank of UAE projects 4.2% GDP growth in 2022
The Central Bank of UAE has projected the UAE GDP growth at 2.1 per cent for 2021 and 4.2 per…
Lebanon banks under fire as PM promises audit
The conduct of Lebanese banks amid the country’s worsening economic crisis has been defended by Salim Sfeir, head of the…
Abu-Ghazaleh Calls For Establishment Of ‘Arab Accounting Compliance Law’ By An Arab Consortium
HE Dr. Talal Abu-Ghazaleh, founder and chairman of Talal Abu-Ghazaleh Global (TAG.Global), called for the establishment of an Arab taskforce…
Egypt CIRA’s OGM nods to cash dividends distribution
Cairo for Investment and Real Estate Development (CIRA) announced that its ordinary general meeting (OGM) has approved the board’s proposal…
Oman sets up task force to study cryptocurrencies
A high-level task force is currently studying the complete gamut of issues encompassing the economic advantages – as well as…
Govt companies in Oman urged to be self-sustaining
All the government companies will have to stand on their own feet and not be dependent on the state’s general…
EBRD and J.P. Morgan support women entrepreneurs in Istanbul
Ten high-potential, women-led micro and small businesses in Istanbul selected Companies will receive advisory support and training to grow their…