Ithmaar Bank stresses digital brand protection
Ithmaar Bank, a Bahrain-based Islamic retail bank, has announced that it has commissioned CTM360, a best-in-class Digital Risk Protection solution,…
Regulation, Risk & Compliance
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Turkey Dismantles Another Key Policy to Cool Lending Boom
Turkey took a further step toward mainstream economic management by abolishing a rule that compelled lenders to extend credit and…
Growth of Islamic finance in numbers globally, in Saudi, and the UAE
Islamic finance (IF) is a way of doing financial transactions and banking while respecting Islamic law or sharia. IF is…
Turkish central bank raises swap auction limit to 60%
The Central Bank of the Republic of Turkey (CBRT) on Thursday increased its lira swap sale limits from 50% to…
Qatar welcomes skilled Turkish workforce in private sector
The Qatar Chamber (QC) General Manager, Saleh bin Hamad Al Sharqi (pictured) said that Qatar and Turkey are associated with…
PwC reveals cost optimisation measures high on the agenda for CFOs
PwC Middle East’s volume one of “Rethinking cost to drive value for your organisation” explores three (out of six) modern…
Mandate qualifications for advisers, UAE regulator urged
The investment adviser segment of the financial services industry in the UAE is calling on the authorities to prescribe a…
UAE to allow 100% ownership of business for foreign nationals
The UAE will allow foreign investors to own the entirety of a business with an amendment to the 2015 commercial…
Dubai Government's big push towards a cashless society
The Government of Dubai has formed the "Cashless Dubai Working Group" to create an action plan to shift all payment…
Total deposits in Oman's banking sector grow 5% to $63bln
The total deposits held with other depository corporations reached OMR24.3 billion at the end of September 2020, an increase of…
Saudi King approves renaming Saudi Arabian Monetary Authority to Saudi Central Bank
The Saudi Arabian Monetary Authority will be renamed to Saudi Central Bank under a new law approved by Saudi Arabia’s…
UAE's ADGM to sign MOU with Israel's securities authority
Abu Dhabi's financial centre, Abu Dhabi Global Market (ADGM), will sign a memorandum of understanding with Israel Securities Authority and…