UAE central bank looking to replace benchmark rates: Reuters
The United Arab Emirates central bank is studying ways to replace the local interbank rate, three sources said, as it…
Regulation, Risk & Compliance
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Central Bank of Bahrain prepares for the second phase of Open Banking
The Central Bank of Bahrain (CBB) has instructed all retail banks and financial institutions to adopt the requirements and guidelines…
Exclusive UAE central bank working to replace interbank rates – sources
The United Arab Emirates central bank is studying ways to replace the local interbank rate, three sources said, as it…
UAE pledges to expand investment in Britain
The United Arab Emirates is to announce a big increase in investment in the UK as the oil-rich Gulf state…
Lebanon to sign contract for central bank forensic audit in days
Lebanon will sign a new contract for a forensic audit of the central bank with Alvarez & Marsal (A&M) within…
QFC, Rwanda Finance sign agreement to promote mutual collaboration
Qatar Financial Centre (QFC), a leading onshore financial and business centre in the region, signed a Memorandum of Understanding (MoU)…
Dubai’s Klaim bags funding and wins tech innovation competition
Dubai-based insurtech platform Klaim has enjoyed a flying start to the post-summer season, roping in $1.6 million in fresh funding…
Mashreq, DAFZA sign MoU to boost SME growth
Mashreq Bank has signed a Memorandum of Understanding (MoU) with Dubai Airport Freezone Authority (DAFZA) to support and grow the…
Deloitte becomes official signatory of Abu Dhabi Sustainable Finance Declaration
Deloitte has signed the Abu Dhabi Sustainable Finance Declaration, demonstrating the firm’s commitment to sustainability in the Middle East and…
Quantuma launches in the Middle East with new UAE office
British business advisory firm Quantuma has launched an office in the Middle East, its fourth internationally. The new regional…
UAE's anti-money laundering body endorses framework for virtual assets
A United Arab Emirates committee tasked with fighting money laundering has endorsed a regulatory framework for virtual assets, the Gulf…
DIFC is a top priority for UK data transfer “adequacy” status
In a significant step concerning the international flow of data in the Middle East, the DIFC announced on 26 August…