Regulation, Risk & Compliance Archives - Page 282 of 747

Saudi Arabia hit with Moody's downgrade, prepares for 'painful' measures — but can likely weather the storm

May 5, 2020

Saudi Arabia is preparing to enact “strict, painful measures” in the face of its worst growth contraction in two decades…

Hedge Funds & Alternative Investments

NMC Health's audit firm faces UK probe

May 5, 2020

Britain's accounting regulator has opened an investigation into Ernst and Young's audit of hospital operator NMC Health that was placed…

Hedge Funds & Alternative Investments

Saudi Arabia pressured but adequately buffered: MUFG MENA

May 5, 2020

Despite the twin shocks of steep fall in oil price and the Covid-19 economic impact, Saudi Arabia remains well-positioned to…

Regulation, Risk & Compliance

Saudi experts warn against investing in unlicensed projects

May 5, 2020

Experts have warned against investing in projects that have not been properly licensed. The warnings come after the authorities…

Coronavirus

Coronavirus impact: E-commerce businesses grow faster in Dubai

May 4, 2020

Dubai Economy on Saturday announced that 943 'DED Trader' licences were issued in the first-quarter of 2020, an increase of…

Regulation, Risk & Compliance

Lebanon banks reject rescue plan as govt asks IMF for help

May 4, 2020

An economic rescue plan that will form the basis of Lebanon’s talks with the International Monetary Fund (IMF) was panned…

Comment & Analysis

Dubai Gold and Commodities Exchange records 'extraordinarily busy' April

May 4, 2020

The Dubai Gold and Commodities Exchange (DGCX) witnessed a 653.45 percent year-on-year growth in trading of its G6 currency portfolio…

Coronavirus

Higher Shariah Authority at Central Bank issues guidelines for COVID-19 relief

May 4, 2020

The Higher Shariah Authority for financial and banking activities recently met and reviewed COVID-19 pandemic’s effects on the economy and…

Coronavirus

GCC's road to recovery amidst the Covid-19 pandemic

May 4, 2020

Oil prices have declined massively since March, as Russia and Saudi Arabia could not reach an agreement at that time…

FinTech

Israel Enlists Money Managers to Help Fund Struggling Startups

May 4, 2020

Israel’s largest institutional investors manage a hoard of more than 1.9 trillion shekels ($543.4 billion) that has long drawn interest…

Regulation, Risk & Compliance

Saudi fiscal adjustment preferable to a devaluation

May 4, 2020

A currency devaluation would be too costly for Saudi Arabia and the better option is to adapt to the oil…

Coronavirus

LOOMING RECESSION: Difficult times ahead, Okonjo-Iweala warns

May 4, 2020

A former Minister of Finance and erstwhile Managing Director of the World Bank, Dr Ngozi Okonjo-Iweala, warns of difficult times…

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