Turkey’s central bank vows tight policy for ‘extended’ period
Turkey’s central bank on Thursday left its benchmark interest rate unchanged as expected and promised to tighten policy more if…
Regulation, Risk & Compliance
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Bank Audi sal and FAB sign definitive agreement for the sale and purchase of 100% of Bank Audi sae (Egypt)’s share capital
Transaction expected to be completed within the next few months, subject to regulatory approvals FAB’s first international acquisition in line…
Saudi Arabia closes January domestic sukuk issuance worth $790m
The National Debt Management Center closed the January 2021 issuance under the Saudi Arabian Government SAR-denominated sukuk program, the Ministry…
Crédit Agricole Egypt signs a cooperation protocol with Dsquares to launch the first loyalty program availing online redemption
Crédit Agricole Egypt signed a cooperation protocol with Dsquares to redesign and upgrade the technological solutions for its new loyalty…
Mansour bin Zayed chairs UAE Central Bank board meetingMeeting agenda included suggestions for banking supervision
The Board of Directors of the Central Bank of the UAE has held its regular meeting at Qasr Al Watan,…
CBO bond issue gets overwhelming response
The Central Bank of Oman said on Wednesday that it has received an overwhelming response from investors for its 66th…
Qatar posts robust 5.6% real growth in Q3 of 2020: PSA
A strong rebound in wholesale and retail trade, hospitality, utilities, information and communication, and manufacturing sectors helped Qatar post a…
Central Bank of Turkey to release interest rate decision
The Central Bank of Turkey will today announce today the routine interest rate decision for January. The official statement…
Dubai regulator to develop cryptocurrency framework
Dubai Financial Services Authority (DFSA) has announced plans to draw up a regulatory framework for the UAE's nascent cryptocurrency sector.…
Egypt’s holdings of US Treasuries hit $2.244bln in November 2020
Egypt’s holding of US Treasuries rose to $2.244 billion in November 2020, hitting its highest level in two years, compared…
Saudi's NDMC announces closure of January issuance of sukuk program
The National Debt Management Center (NDMC) at the Saudi Finance Ministry announced on Wednesday the closure of the January 2021…
Lebanon notified of probe into central bank chief
The Lebanese judiciary has received a request for assistance from Switzerland over an investigation into money transfers allegedly made by…