Abu Dhabi exchange waives trading commission fee on all listed securities
The Abu Dhabi Securities Exchange (ADX) has waived its minimum commission fee on trades in all listed securities starting Tuesday. …
Regulation, Risk & Compliance
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DIFC collaborates with UK on protection of international data transfers
Dubai International Financial Centre has formally engaged with the UK's Department for Digital, Culture, Media & Sport Department to establish…
Bahrain's Ahli United Bank hires banks for dollar senior sukuk – document
Bahrain-headquartered Ahli United Bank has hired banks to arrange the sale of U.S. dollar-denominated five-year senior sukuk, or Islamic bonds,…
First Abu Dhabi Bank expected to sell $344mln in 5-year bonds – document
First Abu Dhabi Bank is expected to sell 250 million pounds ($344.38 million) in five-year bonds, a document showed on…
CMA: Ownership value of foreign investors in capital markets increased by 150% by Q2 of 2021
The Capital Markets Authority (CMA) has exerted several efforts and implemented various procedures to increase the attractiveness of the CMA…
New overseas property buyers in Dubai hit a snag opening bank accounts
Overseas investors wanting to buy property in Dubai through ‘offshore’ companies are suddenly facing a problem. “Banks are not…
Saudi sensitive data protected thanks to new IBM Cloud Satellite deal
One of Saudi Arabia's leading technology infrastructure firms has joined with IBM to allow its customers to run global workloads…
KFH-Bahrain unveils special financing offers for Durrat Marina
Kuwait Finance House – Bahrain has announced the signing of a MoU with Durrat Marina, one of the most prestigious real…
EBRD steps up trade support with Turk Ekonomi Bankasi
The European Bank for Reconstruction and Development (EBRD) is supporting exporters and importers in Turkey by providing US$ 50 million…
Global family offices see UAE as investment hub
The UAE has chartered a growth strategy to see itself as a global investment destination and evidently its business-friendly policies…
Settlement agreements in the DIFC
Settlement agreements are treated by the courts of the Dubai International Financial Centre (DIFC) free zone in a similar way…
Saudi Arabia: 95 bank branches close in last year
Saudi banks closed 95 branches in various regions of the Kingdom in the last year, according to Saudi Central Bank.…