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…
Regulation, Risk & Compliance
8954 articles found
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…
QIB’s Gamal warns of profit threat to every bank
Never letting a good crisis go to waste, to borrow a phrase from Winston Churchill, Qatar has used a three-year…
Beware of 'phishy' numbers
As digital solutions disrupt the banking industry, fraudsters have become increasingly sophisticated resulting in a surge in the number of…
UAE Exchange House's parent company now 'finds' $1 billion plus debt
The parent company of UAE Exchange Centre had “hidden” debts of around $1.3 billion, according to the latest revelations of…
MENA businesses should review insurance policies to cover COVID-19 losses
The global COVID19 outbreak is an opportunity for businesses in the Middle East and North Africa to evaluate property insurance…