Bank ABC in founding partnership deal with Bahrain Fintech Bay
Bank ABC along with its subsidiaries, the digital and mobile-only ila Bank, and the MEA region’s leading payment solutions provider…
Regulation, Risk & Compliance
8934 articles found
Qatar capital market seen needing short-term, good quality Shariah products
Qatar's capital market needs short-term good quality Islamic money market products to help the banking sector strengthen the liquidity during…
Saudi wealth fund suspends plans to change $10 bln loan terms – sources
Saudi Arabia’s Public Investment Fund has suspended plans to change some of the terms of a $10 billion loan it…
Our increasingly digital world means that organisations are facing a new generation of cyber-physical threats
Beyond cybersecurity When we hear the terms “security” and “IT” together, we often think of cybersecurity first. After all,…
Saudi central bank injects SR50bn to support liquidity of banking system
The Saudi Arabian Monetary Authority is set to inject SR50 billion in the banking system to enhance the liquidity in…
Gulf Countries to Experience Worst Economic Crisis in History: IIF
The six Gulf Cooperation Council nations are facing their worst economic crisis in history amid the double shock of plunging…
Emirate of Sharjah hires banks for sukuk that could go up to $1 billion
Sharjah, the third-largest emirate of the United Arab Emirates, has hired banks to arrange the issuance of seven-year U.S. dollar…
Kuwait-businesses to resume amid coronavirus
Businesses including banks can return to their work as a measure of the country's plan to recommence economy, according to…
Banque Syz expands into Turkey
Banque Syz has received a licence from the Turkish regulators to open a representative office in Istanbul, the firm announced…
UAE Central Bank issues financial reporting guidance to calculate Covid-19 credit losses
The Central Bank of the UAE issued guidance to financial institutions on the application of International Financial Reporting Standard 9…
Saudi Arabia's central bank injects 50bn riyals to boost liquidity of financial sector
Saudi Arabia’s central bank is injecting 50 billion riyals (Dh48.82bn / US$13.29bn) into its banking sector to boost liquidity and…
Investor confidence rebounds as trade licences rise in May
The UAE has recorded a slight upswing in the number of business licences issued in May, a trend indicating the…