GCC's road to recovery amidst the Covid-19 pandemic
Oil prices have declined massively since March, as Russia and Saudi Arabia could not reach an agreement at that time…
Regulation, Risk & Compliance
8934 articles found
Israel Enlists Money Managers to Help Fund Struggling Startups
Israel’s largest institutional investors manage a hoard of more than 1.9 trillion shekels ($543.4 billion) that has long drawn interest…
Saudi fiscal adjustment preferable to a devaluation
A currency devaluation would be too costly for Saudi Arabia and the better option is to adapt to the oil…
LOOMING RECESSION: Difficult times ahead, Okonjo-Iweala warns
A former Minister of Finance and erstwhile Managing Director of the World Bank, Dr Ngozi Okonjo-Iweala, warns of difficult times…
Al-Jadaan reveals full extent of Saudi Arabia’s pandemic challenge
Mohammed Al-Jadaan, Saudi Arabia’s finance minister, has revealed the full scale of the challenges that face the Kingdom from the…
TISE listing is a first for ADGM funds industry
The International Stock Exchange has become home to the first fund established in the Abu Dhabi Global Market to be…
Virus may force Kuwait Finance and Bahrain’s AUB to reassess merger
One of the Middle East’s rare cross-border bank mergers may need to be reassessed after the coronavirus delayed the formation…
Egypt's NBE denies cancelling 15% yield certificates
The National Bank of Egypt continues to offer the new 15% annual yield savings certificates, the lender’s vice chairman Yehia…
COVID-19: UAE's ADIB bids on digital to drive Islamic trade finance
UAE lender Abu Dhabi Islamic Bank is renewing its focus on providing shariah-compliant trade financing in the region, driving in…
Saudi foreign reserves fall to lowest record in 20 years
Saudi Arabia’s Monetary Authority said on Tuesday that the kingdom’s net foreign assets, which include securities such as US Treasuries…
Bank Hapoalim to Pay $874 Million to Settle U.S. Tax Charges
Geoffrey S. Berman, the United States Attorney for the Southern District of New York, Jeffrey A. Rosen, the Deputy Attorney…
SAMA values support by Saudi banks amounting to 100 million riyals
His Excellency Dr. Ahmed bin Abdul Karim Al-Khulaifi, Governor of the Saudi Arabian Monetary Agency has valued the initiative of…