Regulation, Risk & Compliance

Regulation, Risk & Compliance

African Development Bank approves USD 170 million loan to support Egypt’s private sector and economic diversification

January 23, 2025

The African Development Bank has approved a loan of USD 170 million to the government of Egypt for the implementation…

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Regulation, Risk & Compliance

Pakistan says it has agreed $1bln loan with two Middle East banks

January 23, 2025

Pakistan has agreed terms for a $1 billion loan with two Middle Eastern banks at a 6%-7% interest rate, its…

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FinTech

Qatar Central Bank grants sandbox entry approval to Madad Financial Technologies

January 16, 2025

In line with the Third Financial Sector Strategy, the FinTech Strategy, and Qatar Central Bank's (QCB) efforts to develop and…

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Regulation, Risk & Compliance

Kenya banks on trade pact with UAE to grow exports, attract FDIs

January 15, 2025

In Summary   The deal could also see the Middle East country give China stiff competition as Kenya’s top import…

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Regulation, Risk & Compliance

Deloitte Middle East upgrades Tax and Legal Gen AI solution

January 9, 2025

Deloitte Middle East’s Tax and Legal practice today announced the launch of the second generation of its in-house pioneering AI-powered…

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Regulation, Risk & Compliance

ADGM reduces commercial licence fees from January 2025

January 3, 2025

The updated fee schedule effective from 1st January 2025, applies to all categories of licences including major reductions in fees…

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Regulation, Risk & Compliance

The Arab Monetary Fund Enhances Capacity Building in December 2024

January 2, 2025

In December 2024, the Arab Monetary Fund  intensifies its efforts to enhance capacity building and professional development across the Arab…

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Regulation, Risk & Compliance

Qatar’s banking sector remains healthy on diligent supervision, robust buffers and strong economy

December 30, 2024

Qatar’s banking sector remains healthy, driven mainly by robust buffers, diligent QCB supervision and ample hydrocarbon liquidity.   The Qatar…

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Regulation, Risk & Compliance

Oman’s central bank approves regulations for Banking Deposits Protection Law

December 30, 2024

The Board of Governors of the Central Bank of Oman  convened for its fourth meeting of 2024 on Sunday at…

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Regulation, Risk & Compliance

Turkey to end FX-protected lira deposits next year

December 27, 2024

The Turkish central bank plans to end the forex-protected lira deposits (KKM) scheme in 2025 after its balance fell to…

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Regulation, Risk & Compliance

Egypt central bank keeps overnight interest rates steady

December 27, 2024

Egypt's central bank kept its overnight interest rates unchanged on Thursday, as expected, saying that while inflation was set to…

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Regulation, Risk & Compliance

HKMA and CBUAE deepen financial market co-operation between Hong Kong and UAE

December 23, 2024

The Hong Kong Monetary Authority and the Central Bank of the United Arab Emirates held the second bilateral meeting in…

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