Oman Arab Bank launches $250 million debut bond deal
Oman Arab Bank was set to raise $250 million on Thursday in its first foray in the international debt markets…
Regulation, Risk & Compliance
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Bahrain central bank gives instructions to postpone all loan installments
Bahrain's central bank gave instructions on Thursday to postpone all loan installments for individuals and companies by six months, the…
2021Saudi Central Bank mulls adding COVID-19 insurance coverage for non-Saudi tourists
The Saudi Central Bank (SAMA) announced the possibility of adding coronavirus (COVID-19) coverage to insurance policies for non-Saudi tourists visiting…
NBK signs a partnership agreement with Rafa Nadal Academy Kuwait
Our cooperation with leading institutions in all fields contributes to meet all our customers’ needs and expectations We encourage…
Kuwait central bank issues warning against digital currencies
Digital currencies aren’t real currencies, are highly risky and they pose a threat to the global financial system, the Central…
UAE Central Bank foreign assets reach Dhs392.4bn by end of Q1 2021
The foreign assets held by the Central Bank of the United Arab Emirates (CBUAE) increased to Dhs392.4bn by the end…
Will expat confidence in UAE financial advisers ever improve?
The UAE financial advice sector is improving. But it remains haunted by past misdeeds which are still raw in the…
Andersen Global Expands Practice in Turkey with Istanbul-Based Tax Firm
Andersen Global strengthens its presence in Turkey through a Collaboration Agreement with tax firm ECC Denetim, adding dimension to the…
Abu Dhabi judge rules in favour of Dubai Islamic Bank in NMC case
A judge in Abu Dhabi ruled in favour of Dubai Islamic Bank and against the administrators of NMC, in a…
GCC governments to see sharp fall in fiscal deficits from this year
GCC governments are expected to see a sharp decline in fiscal deficits starting this year, according to rating agency Standard…
Saudi Arabia, World Bank pledge $100m for global tourism fund
Saudi Arabia, in partnership with the World Bank, pledged $100 million to establish the International Fund for Comprehensive Tourism, said…
Qatar-France trade volume reaches $1.36bn
Minister of Commerce and Industry, and Acting Minister of Finance, H E Ali bin Ahmed Al Kuwari, met in his…