Central Bank of Bahrain signs MoU with National Bank of the Kyrgyz Republic
The Central Bank of Bahrain announced the signing of a Memorandum of Understanding (MoU) with the National Bank of the…
Regulation, Risk & Compliance
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Bahrain Bourse announces election of Yousif Abdullah Al Yousif as Chairman of the Board during first meeting held following the board reformation
Bahrain Bourse, a licensed exchange by the Central Bank of Bahrain, held its first Board Meeting on Sunday, 1st June…
UAE halts hike in minimum bank account balance until further notice
The UAE Central Bank ordered all banks to halt planned hikes to the minimum balance requirement for personal accounts on…
HK SFC & Saudi Capital Market Authority boost cooperation
Hong Kong’s Securities and Futures Commission’s Chief Executive Officer Julia Leung has met with Board Commissioner Abdulaziz Bin Hassan of…
Türkiye remains 4th largest country in IFC’s Global Trade Finance Program
Türkiye is the fourth largest country in the Global Trade Finance Program (GTFP) by the International Finance Corporation (IFC), playing…
UAE Central Bank imposes Dh18m fines on two foreign bank branches
The Central Bank of the UAE has imposed a total of Dh18.1 million in financial penalties on two UAE branches…
Housing Bank signs $10 million credit line agreement with Saudi EXIM
Housing Bank has signed a $10 million credit line agreement with the Saudi Export-Import Bank (Saudi EXIM) to finance Jordanian…
IMF completes fifth review of Egypt's $8 billion rescue program
Egypt has made progress towards macroeconomic stability and has been streamlining tax and customs procedures, but still needs to widen…
Iran, Oman explore ways to develop banking cooperation
Mohammad-Reza Farzin, Governor of the Central Bank of Iran and Qais Mohammed Al Yousef, Omani Minister of Commerce, Industry and…
Turkish central bank raises reserve requirements
The Central Bank of the Republic of Turkey has raised the reserve requirement ratio for commercial banks borrowing from abroad…
16 FinTech firms licensed, leading digital transformation in non-banking sector: Egypt’s FRA
Sixteen companies have obtained financial technology (FinTech) licences from Egypt’s Financial Regulatory Authority (FRA) and are spearheading digital transformation efforts…
Royal Jordanian Airline signs $250mln syndicated loan agreement led by Arab Bank
Royal Jordanian Airline announced on Wednesday the signing of a $250 million syndicated loan agreement, led by Arab Bank and…