EBRD loan to Turkey’s Akbank boosts lending to businesses
US$ 75 million to boost bank lending to Turkish businesses amid volatility Greater access to finance helps companies overcome coronavirus…
Regulation, Risk & Compliance
8934 articles found
No acquisition by US-based bank: Emirates NBD Bank clarifies
Emirates NBD Bank has said that 101,731,408 shares were purchased by 254 unique investors on 28th May 2020, following a…
Turkish banks' short-term funding fix poses risks in COVID-19 aftermath
Turkish banks’ reliance on short-term foreign currency debt is proving a concern for investors as it risks piling on pressure…
Saudi central bank deploys blockchain technology to deposit money into local banks
The Saudi Arabian Monetary Authority used blockchain technology to deposit part of a SR50 billion funding package for the banking…
Dubai to adopt new regulatory standards to relaunch exhibitions, conferences
New regulatory standards will be deployed as part of the “roadmap” for Dubai to re-launch its MICE (meetings, incentives, conferences,…
UAE is 3rd most attractive target for cybercriminals
UAE residents, along with people in other countries such as Sweden, Norway and the US, are the most attractive targets…
UAE Central Bank expects economic rebound in H2 2020
The UAE economy is expected to begin recovery in the second half of 2020 following the sharp downturn experienced in…
Goldman Sachs sees $1,800 gold prices with potential for $2,000
Goldman Sachs looks for gold to hit $1,800 an ounce in the next year, with the potential for $2,000 if…
EBRD and EU support start-up Abjjad in Jordan
Social network connects Arab book lovers during coronavirus pandemic For the price of two cups of coffee in Jordan,…
Majority of UAE banks plan to enable open banking in one year
Eighty-eight percent of finance institutions in the UAE plan to enable open banking in the next 12 months, a survey…
GFH Group completes $500mln sukuk issuance
GFH Financial Group - listed on Dubai Financial Market - announced that it has completed the issuance of US$500 million…
Why SAMA is enhancing Saudi banking sector liquidity
Saudi Arabian Monetary Authority, the central bank of Saudi Arabia, has said it will inject SR50 billion ($13.33 billion) in…