CBO issues treasury bills worth OMR48 million
Oman’s central bank raised OMR48 million by way of allotting treasury bills on Tuesday. The treasury bills are for…
Regulation, Risk & Compliance
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First Abu Dhabi Bank to Start Talks With Israeli Lenders
First Abu Dhabi Bank PJSC plans to start talks with Bank Hapoalim and Bank Leumi to forge cooperation in the…
Easing of restrictions to support revival of banking sector in the region: Kamco Invest
The easing of restrictions and the restart of economic activity will support a banking sector revival in the Gulf Cooperation…
UAE makes it mandatory for hawala service providers to register
The UAE has made it mandatory for Hawala service providers in the country to register, as the country strengthens its…
2 Saudi royals, others officials investigated for fraud
Saudi Arabia’s top military commander in its yearslong war in Yemen and his prince son have been removed from their…
KPMG in Bahrain expands its tax and corporate services
KPMG in Bahrain has announced the appointment of an additional Tax Partner and new experienced resources to broaden the capabilities…
To enable trade relations, Israel must first remove UAE banks from its blacklist
Israel's financial team on the delegation that is visiting Abu Dhabi has signed a memorandum of understanding to partner with…
Central Bankers – Finally an Admission of Guilt by Gary Dugan
Federal Reserve guides to lower for much longer. No major central bank minded to raising rates over the medium term.…
Jordan signs 4 financing agreements with EU, Germany
Minister of Planning and International Cooperation Wissam Rabadi has signed four financing agreements in the water and education sectors in…
TMG, NBE, Banque Misr sign EGP 4bn strategic partnership
The National Bank of Egypt and Banque Misr have signed an EGP 4bn strategic partnership with Talaat Moustafa Group subsidiary,…
Egypt signs $2bn conventional, Islamic facility to finance budget deficit
Egypt’s Ministry of Finance has signed the first conventional and Islamic financing facility, worth $2bn, to finance state’s budget deficit…
UAE central bank boosts liquidity with $4.3bn cash injection
The Central Bank of the United Arab Emirates injected around AED15.86 billion ($4.3bn) in cash to the financial system in…