Regulation, Risk & Compliance Archives - Page 238 of 747

Ras Al Khaimah reduces license renewal fees, waives fines in new COVID-19 relief measures

August 25, 2020

Ras Al Khaimah has exempted certain commercial activities hit by the lockdown and other precautionary measures to benefit from reduced…

Comment & Analysis

Bahrain raises debt ceiling to finance public spending – cabinet

August 25, 2020

Bahrain's government has raised its debt ceiling to 15 billion dinars ($39.79 billion) from 13 billion dinars to help finance…

Hedge Funds & Alternative Investments

Bahrain's GFH Financial picks up majority in Global Banking Corp.

August 25, 2020

GFH Financial Group has acquired an additional 21.8 per cent stake in Global Banking Corporation (GB Corp), which gives it…

Comment & Analysis

Ahmad Abu Eideh, CEO, United Arab Bank

August 25, 2020

On ensuring banking resilience and the increasing importance of digitalisation in the post-Covid-19 world. In what ways has Covid-19…

Hedge Funds & Alternative Investments

UAE- Noor Takaful, Ajman Bank enter strategic partnership

August 25, 2020

The UAE's second-largest Islamic insurance entity, Noor Takaful (a Dar Al Takaful company), has entered a strategic partnership with Ajman…

Fraud & Ethics

The Quiet Man in Stockholm Who Laundered China’s Oil Money for Iran

August 25, 2020

By all outward appearances, Hatam Khatoun Nema was a small-time money changer working from a nondescript office in Järfälla, a…

Hedge Funds & Alternative Investments

QFCRA agrees settlement with GlobeMed Qatar

August 24, 2020

The Qatar Financial Centre Regulatory Authority announced yesterday that it has agreed a settlement with GlobeMed Qatar LLC on misunderstandings…

Executive Moves

SAMI names Eng. Walid Abukhaled as CEO

August 24, 2020

The Board of Directors of Saudi Arabian Military Industries has appointed Eng. Walid Abukhaled as CEO of the company. …

Financial Results

ENBD REIT hedges AED 400m facility with Mashreq Bank

August 24, 2020

The arrangement fixes the variable rate of EIBOR for two years from June 2021 Current low levels of EIBOR are…

Comment & Analysis

DIFC Courts leverages digital infrastructure to accommodate rapid rise in commercial claims

August 24, 2020

Total number of enforcement claims increases 15% Arbitration-related claims record 62% increase in value The Dubai International Financial Centre Courts…

Hedge Funds & Alternative Investments

Kuwait to transfer 2b dinars to General Reserve Fund

August 24, 2020

Kuwait’s Ministry of Finance is preparing to transfer 2.05 billion Kuwaiti dinar in liquid cash after the parliament approved a…

Legal

BAB organises series of meetings on financial disputes’ settlement

August 23, 2020

The Bahrain Association of Banks (BAB) will organise a series of online meetings with stakeholders in the government, private and…

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