Regulation, Risk & Compliance Archives - Page 235 of 745

UAE makes significant progress in combating money laundering and terror funding

September 1, 2020

In its continuing efforts to strengthen the UAE’s Anti Money Laundering and Counter Terrorist Financing (AML/CFT) framework, the National Committee…

Legal

Bahrain jails Future Bank officials; $47mln fines issued for money laundering

August 28, 2020

Three Future Bank officials have been sentenced to five years in jail and fined $1 million each following a series…

Comment & Analysis

Lebanese central bank tells banks to provision for 45% loss on Eurobonds

August 28, 2020

The Lebanese central bank has told Lebanese banks to provision for a 45% loss on their Eurobond holdings, according to…

Hedge Funds & Alternative Investments

Bank Leumi, UAE bank, negotiating partnership amid normalization

August 28, 2020

Israel's Bank Leumi has been negotiating a partnership with an unnamed bank in the United Arab Emirates (UAE), according to…

Islamic Finance

FTSE Russell launches local currency Saudi government bond index

August 28, 2020

Global index provider FTSE Russell said on Thursday it had launched a bond index for Saudi Arabia to measure the…

Comment & Analysis

Worst is over, GCC economic recovery picks up steam

August 28, 2020

Economists say that the worst is behind us as recovery gains ground - steadily, albeit at a slow pace -…

Hedge Funds & Alternative Investments

NMC Health faces advisory fees of $140m for bankruptcy

August 27, 2020

The restructuring of NMC Health Plc through an Abu Dhabi court could cost as much as $140 million in consultancy…

Islamic Finance

Bank of Bahrain and Kuwait in talks to acquire retail Islamic bank Ithmaar

August 27, 2020

Bank of Bahrain and Kuwait is in preliminary talks to explore a potential acquisition of retail Islamic bank Ithmaar. …

Hedge Funds & Alternative Investments

Mashreq Bank outlines investment trends to navigate the global economy in uncertain times

August 27, 2020

Mashreq, one of the leading financial institutions in the UAE, has released its economic outlook report for the second half…

Hedge Funds & Alternative Investments

Nasdaq Dubai signs agreement to attract Chinese listings

August 27, 2020

Nasdaq Dubai has announced the signing of a strategic cooperation agreement with Hong Kong-based Zhongtai Financial International and Beijing Tian…

Regulation, Risk & Compliance

Israel’s Bank Leumi negotiating collaboration with Emirati bank, reveals Leumi exec

August 27, 2020

Shmulik Arbel, head of the corporate and commercial division at Israel's Bank Leumi, dropped a bombshell Wednesday during Calcalist’s online…

Hedge Funds & Alternative Investments

Abu Dhabi returns to debt market with longest Gulf bond ever

August 26, 2020

Abu Dhabi returned to the dollar debt market, selling the longest bond ever offered by Gulf governments as countries in…

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