Online portal for UAE economic substance regulation notification
The United Arab Emirates authorities have confirmed that notifications and annual reports due under its new Economic Substance Regulations (ESRs)…
Regulation, Risk & Compliance
8932 articles found
Oman Arab Bank launches debt exemption initiative for defaulting borrowers
On the occasion of the 50th National Day, Oman Arab Bank (OAB) has written off over 150 defaulting loans. This…
Turkey hikes rates to rescue lira
Turkey’s central bank hiked interest rates on Thursday to support its battered currency. The regulator raised its benchmark rate…
Kuwait International Bank sells $300 million sukuk: Document
Kuwait International Bank sold $300 million Tier 2 sukuk, or Islamic bonds, on Tuesday at 2.375% and received more than…
Abu Dhabi’s Etihad and El Al Israel sign MoU to cooperate on codeshare and loyalty programme
Etihad Airways, the national airline of the UAE, and El Al Israel Airlines, the national carrier of Israel, signed an…
Turkish economy faces another year of turmoil
It has been a tumultuous year for Turkey’s economic management with a currency crisis and interest-rate volatility rattling investor confidence.…
BCG discusses how to lead in the new reality during the middle east CEO & leaders forum
As public and private sector organizations prepare for the post-pandemic future and leading in the new reality, governments and leaders…
Emaar's founder Alabbar sees situation getting better in 9 to 12 months
Mohamed Alabbar, founder of Emaar Properties and e-commerce platform noon.com, hopes that the economic situation will be better in the…
Egypt- ABE signs agreement to finance 1.5 million-feddan reclamation project
Alaa Farouk, Chairperson of the Agricultural Bank of Egypt, and Amr Abdel Wahab, Chairperson and Managing Director of the Egyptian…
Oman talks to banks about new loan of at least $1 billion
Oman is discussing a loan of at least $1 billion with a group of banks, sources said, as the oil-producing…
Eight technology trends that will disrupt the banking industry
Technology is rapidly transforming the way how banks operate and how they serve their customers, and becoming a key enabler…
Extension of UAE Central Bank’s support scheme a confidence booster: Bankers
The UAE Central Bank’s pro-business decision to extend the Dh50 billion Zero-Cost Facility, a key ingredient of its acclaimed Dh100…