Saudi banks face tough few quarters but are well capitalised, say CEOs
Saudi Arabia’s banks face a tough few quarters as the coronavirus crisis and weak oil prices put pressure on profitability…
Regulation, Risk & Compliance
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Emirati unemployment in UAE stands at over 12,600
A call has been made to introduce unemployment benefits for Emiratis after it was revealed that 12,653 UAE nationals are…
UAE Government's TRA responds to 77,000 cyber-attacks in April
The Telecommunications Regulatory Authority responded to 77,000 cyber-attacks in the UAE Federal Government during May – more than double the…
Region’s first Regtech event hosted by the Dubai Financial Services Authority and Dubai International Financial Centre
The Dubai Financial Services Authority hosted the first edition of a Regulatory Technology (RegTech) event, ‘RegTech Live’, on 2 and…
Forum discusses tax cooperation among BRI’s member countries
The UAE was one of the fastest nations in setting and implementing precautionary measures to curb the spread of the…
Pepperstone Secures Lucrative DFSA License in Dubai
Pepperstone has secured a license from the Dubai Financial Services Authority (DFSA), a few months after it has already incorporated…
Authorities “may be sowing seeds of Turkish economy’s downfall” by pumping money at fastest rate for more than decade
An analyst on June 3 responded to data showing Turkey’s policy makers are pumping money into the economy at the…
Dubai's DIFC firms to benefit from group healthcare scheme
Dubai International Financial Centre announced today it has signed an MoU with EC3 Brokers to introduce a new group health…
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…
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,…