Russell Reynolds Associates names Head Of Dubai Office
Russell Reynolds Associates has announced that Matthew Lewis has joined the firm as a consultant and country manager for the…
Regulation, Risk & Compliance
8954 articles found
Strategy& adds Diana Dib and Jad El Mir to Middle East partnership
Strategy& have appointed two new partners in the Middle East, lifting the size of its regional partnership to fourty. …
Central Bank halts cash dividends at banks in anticipation of continued pandemic
Banks operating in the local market will not be obliged to make cash dividends from the year’s profits, or retained…
Bahrain, Israel Sign FinTech Cooperation Agreement
Bahrain FinTech Bay (BFB) and the FinTech Association of Israel -FinTech Aviv (FTA) have signed an agreement to cooperate and…
FAB issues five-year US$500 million Sukuk
First Abu Dhabi Bank has issued the lowest-ever yield on any five-year MENA bank USD issuance with a US$500 million…
Economic Substance Regulations
As part of the UAE’s commitment as a member of the OECD Inclusive Framework, and in response to an assessment…
Saudi Central Bank issues new rules for debt crowdfunding
The Saudi Central Bank has issued new rules for debt crowdfunding, in a bid to attract new investors and companies.…
Takaful Oman to offer OMR25mn perpetual Sukuk issue
The Capital Market Authority has approved the main prospectus of Mudharabah Sukuk of Takaful Oman Insurance for the offer of…
GCC IPO Market Remains Active in 2021 Despite Impact of COVID-19
The initial public offering market remained active in the Gulf Cooperation Council countries in 2020 despite increasing pressure on financial…
US imposes $8.6m penalty on French-Arab bank for violating sanctions
The Paris-based Union of Arab and French Banks has agreed to pay an $8.6 million penalty imposed by the US…
Japan's largest brokerage said to close more offices in the Gulf
Japan's biggest brokerage has been shrinking its investment banking presence in the Middle East Nomura Holdings is closing its…
Saudi regulator studies direct listing on main market
Mohammed ElKuwaiz, Chairman of the Capital Market Authority said that direct listing on Nomu Parallel Market was successful, and a…