Islamic Authority and Arab States in a Time of Pandemic
As the new coronavirus and its economic and political consequences ripple cross the Arab world, Arab regimes are facing an…
Regulation, Risk & Compliance
8934 articles found
BLOM Bank Egypt increases capital to $190mln
Egypt’s general assembly has agreed to increase the bank’s issued and paid capital by EGP 1bn, meaning its capital now…
UAE banking sector resilient because of government support
Resilience - this was the key word and highlight of the UAE banking sector outlook report that was released at…
BNP Paribas activates emergency support plan in Bahrain in response to global health crisis
100,000 EUR will be donated to Bahrain’s national campaign against the coronavirus pandemic BNP Paribas and its subsidiaries around the…
$7bln Saudi bond sale oversubscribed – MoF
Saudi Arabia’s Ministry of Finance announced that the kingdom’s bond sale to raise $7 billion has been heavily oversubscribed. …
Finance minister: Saudi Arabia facing current global crisis from position of strength
Saudi Finance Minister Mohammed Al-Jadaan said the Kingdom was facing the current global crisis from a position of strength, the…
Qatar government debt ‘mitigated’ by ‘credible’ currency peg: Moody’s
Qatar’s high government debt and a relatively high share of foreign-currency debt is “mitigated by a credible” currency peg to…
Abu Dhabi Government ties up with banks to expand SME financing
Abu Dhabi’s department of finance has joined hands with three of the emirate’s top lenders to expand the SME Credit…
UAE banks told not to terminate Emiratis or cut their salaries due to coronavirus
The UAE Central Bank has postponed Emiratisation target in the financial sector for 2020 and also asked banks not to…
A perfect storm for Middle East oil importing countries: IMF
The outbreak of COVID-19 across the region is turning out to be a perfect storm for oil importing countries of…
Insurance brokers in UAE offered capital relief
Mid-size insurance brokers in the UAE have been offered some capital relief after the Insurance Authority amended its rules to…
UAE advisers split on game changing regulation
The UAE financial advice sector is set for its biggest regulatory shake-up but not everyone thinks this will be a…