Bucheeri: A quantum leap in Bahrain digital banking services
The Bahraini Technology and Business Society (TBS) in partnership with the NGN International, an IT system integrator and consultant headquartered…
Regulation, Risk & Compliance
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Bahrain's GFH Financial subsidiary finalizes $159mln sukuk issuance
GFH Financial Group, a Bahrain-based investment bank, announced that its subsidiary Khaleeji Commercial Bank has finalized the issuance of sukuk…
Kuwait: NBK’s AGM was held with a 77.86% quorum and approved all BOD’s proposals
National Bank of Kuwait held today (Saturday, 7 March 2020), its 2019 Annual General Meeting and Extraordinary General Meeting (EGM),…
JPMorgan Sees Virus Fallout Stoking Middle East Deals Into 2021
The financial fallout from the coronavirus pandemic will keep fueling debt issuance from the Middle East into 2021, while also…
Policymakers still Needed
Policymakers are likely to remain heavily engaged in support of their economies Stuttering of global growth encourages additional support US…
Gulf economies have a head start
Despite global doom and gloom over Covid-19, green shoots are discernible in the desert. The region is treading a delicate…
Dubai Financial Services Authority alerts institutions to increased risk of cyberattacks
Since the Dubai Financial Services Authority (DFSA) launched the DFSA Cyber Threat Intelligence Platform (TIP) in January, over 130 DFSA…
UAE gov reviews efforts to deal with impact of pandemic on economy
H.E Abdulla Bin Touq Al Marri, UAE Minister of Economy, reviewed a detailed report on the progress of efforts undertaken…
Emirates REIT hires Houlihan Lokey for strategic review
Emirates REIT, a Dubai-based sharia-compliant real estate investment trust, said on Monday it had appointed Houlihan Lokey to advise its…
Momentum Builds for ESG Investment Among Global Public Investors, According To OMFIF-BNY Mellon Survey
Over 90% of global public investors have specific ESG (environment, social and governance) investment policies in place or are in…
UAE oil trader GP Global files complaints over employee fraud
UAE-based oil trader GP Global has uncovered fraud within the company and filed criminal complaints against some of its employees,…
IMF bailout may be half what Lebanon sought when the talks began
Lebanon may only count on the International Monetary Fund for as little as half the bailout it had originally sought…