Tata Asset Management establishes regional office in DIFC
Tata Asset Management, one of the earlier asset management companies in India has opened its regional office in Dubai International…
Regulation, Risk & Compliance
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Blockchain technology to inject cash into Saudi Arabia banking sector
Saudi Arabian Monetary Authority has recently used the blockchain technology to deposit portion of the previously announced cash to be…
Shariah-compliant gold trading platform to launch in UK
A digital gold-trading platform compliant with Islamic finance norms is about to get launched in the UK as early as…
Central Bank of Bahrain launches key murabaha service
The Central Bank of Bahrain in collaboration with Bahrain Bourse has developed a murabaha sukuk service for clients and banks,…
Al Baraka signs key financing accord
Al Baraka Islamic Bank has signed a memorandum of understanding with Al Mannai Projects, with the aim of providing funds…
Qatar- Banks 'key enablers' to successful restart of local economy: QIB chief
Banks in Qatar are acting as key enablers for the successful restart of the local economy, supported by the Governments'…
Saudi Arabia Central Bank Leads The Way With Blockchain-Powered Transfer
Over the past five years something extraordinary has happened in blockchain: countries usually known for following tech innovation have taken…
Financial guidelines from the Covid-19 pandemic
The coronavirus pandemic has a profound impact on every aspect of life. At Al Salam Bank, we are committed to…
Saudi Arabia: Is the VAT Increase a game changer?
Economic and fiscal reforms in Saudi Arabia through to the end of 2019 haveled to an impressive fall of the…
DIFC Fintech Fund invests in four startups
Dubai International Financial Centre (DIFC) has dipped in to its $100 million Fintech Fund to invest in four startups, FlexxPay,…
Tunisia cbank allows resident firms to borrow from abroad in foreign currencies
The Tunisian Central Bank said on Thursday it would allow locally based firms to borrow from abroad in foreign currencies…
Kuwait plans to drastically reduce expat population
As COVID-19 and low oil prices continue to rattle Gulf economies, the Prime Minister of Kuwait, Sheikh Sabah Khalid Al…