Oman's central bank issues treasury bills worth OMR2.25mn
The value of the allotted treasury bills amounted to OMR0.25 million, for a maturity period of 28 days. The average…
Regulation, Risk & Compliance
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Saudi Central Bank approves use of Visitor ID to open bank accounts
ing-and-insurance/saudi-central-bank-approves-use-of-visitor-id-to-open-bank-accounts-i7kw8jzfThe Saudi Central Bank (SAMA) announced the approval of using the “Visitor ID” to open bank accounts at banks across…
Turkish central bank governor says will keep tight monetary policy stance
Turkish Central Bank Governor Fatih Karahan said the bank would maintain its tight monetary policy stance until price stability is…
Oman’s financial system resilient despite global headwinds: CBO
Despite a turbulent global environment marked by geopolitical tensions, trade frictions, and heightened volatility in financial markets, Oman’s financial system…
UAE Central Bank cuts key interest rate for first time in 2025, mirroring US Fed move
The Central Bank of the UAE announced late Wednesday it has decided to lower the base rate applicable to the…
Gulf central banks cut key interest rates following Fed move
Gulf central banks cut their key interest rates on Wednesday after the Federal Reserve cut U.S. interest rates by 25…
Turkish Central Bank lowers key policy rate to 40.5%
The benchmark one-week repo rate was lowered from 43% to 40.5%, while the markets had expected a 200 basis point…
GCC secretary-general condemns Israeli minister’s calls to expand settlements, annex West Bank
Gulf Cooperation Council Secretary-General Jassim Mohammed Al-Budaiwi on Wednesday condemned statements by an Israeli minister calling for the expansion of…
Qatar Chamber, GOIC discuss connecting factories to R&D centers
Qatar Chamber’s Industry Committee held a meeting with the Gulf Organization for Industrial Consulting to discuss developing a mechanism to…
Egypt central bank slashes key interest rates by 200 bps
Egypt's central bank resumed its interest rate-cutting cycle on Thursday, slashing its overnight rates by a faster-than-expected 200 basis points,…
Lebanon agrees bail for ex-central bank chief: judicial officials
Lebanon’s judiciary agreed Tuesday to the release on bail of more than $20 million of former central bank governor Riad…
ADGM launches ‘Real Estate Advertising Permit’ service in collaboration with Madhmoun
ADGM, the international financial centre of Abu Dhabi, has announced the launch of the ‘Advertising Permit’ service on ADGM’s AccessRP…