FEB refutes rumors of Egyptian banks funding GERD
Federation of Egyptian Banks dismissed Tuesday all circulating news on social media regarding the funding of the Grand Ethiopian Renaissance…
Regulation, Risk & Compliance
8954 articles found
Islamic finance sector needs to unlock its long-term potential
The Covid-19 pandemic has caused significant disruption to the global economy and financial markets, including the global Islamic finance industry.…
Lebanon’s real estate sector booming despite financial crisis
Like most Lebanese expatriates who keep their life savings in their home country, Elias, a sales manager in Dubai, panicked…
TheCase: Calculating the new VAT in Saudi Arabia
Activation of the new VAT — with value-added tax on goods and services to increase from 5 percent to 15…
Arab Monetary Fund prepares launch of international immediate payment service
The Arab Monetary Fund (AMF) is preparing to launch an international immediate payment service, as part of its cooperation with…
Lebanese banks raise USD withdrawal rate to 3,850 pounds/dollar
Lebanese banks raised the exchange rate to 3,850 pounds per dollar for withdrawals from U.S. dollar accounts, bankers said on…
Lebanon team of IMF negotiators loses another key official
A key member of the Lebanese government team negotiating a bailout from the International Monetary Fund resigned yesterday, the second…
APICORP issues $750mln five-year bond
The Arab Petroleum Investments Corporation has issued a $750 million five-year bond. The issuance is part of APICORP’s $3…
COVID-19: Corruption prevails as Kuwait fights pandemic
“We would have shut our eyes to an unwarranted smile on the face of our Prime Minister, had we not…
Egypt- AMF prepares launch of international immediate payment service
The Arab Monetary Fund is preparing to launch an international immediate payment service, as part of its cooperation with central…
Dubai Economy issues 41,252 e-MOA, addendums
The Business Registration & Licensing sector in Dubai Economy has issued 41,252 electronic Memorandum of Association and e-MOA addendums from…
Middle East sees M&A activity boom despite Covid-19 crisis
The merger and acquisitions activity in the Middle East region is reviving as governments take measures to diversify their economies…