Gulf Banks Put Brakes on Lending as Dollar Liquidity Crunch Looms
Gulf banks are limiting their lending to minimize potential losses from the coronavirus crisis and an expected squeeze in dollar…
Regulation, Risk & Compliance
8934 articles found
Virtual G20 meet leads to new virus plan
G20 finance ministers and central bank governors met virtually on Tuesday to coordinate their efforts in response to the COVID-19…
Turkey widens emergency response with bond buying
Turkey’s central bank on Tuesday added to its emergency programme to help contain the economic fallout from the coronavirus outbreak…
COVID-19: It’s time UAE media got government support
The UAE’s media industry needs the government to support it during this time of extreme stress, in much the same…
Saudi Arabia cabinet approves MOU between SAMA and Dubai Financial Services Authority
Saudi Arabia cabinet approves memorandum of understanding between Saudi Arabian Monetary Authority and Dubai Financial Services Authority in the field…
Dubai, Abu Dhabi governments ease burden of private businesses hit by coronavirus
The Dubai International Financial Centre in implementing a series of fiscal easing initiatives over the next three months starting April…
UBF in sync with regulator to ensure banks support UAE economy
The banking and finance industry is vital to the financial health of the country and its main trade body is…
Turkey widens emergency response with bond buying
Turkey’s central bank on Tuesday added to its emergency programme to help contain the economic fallout from the coronavirus outbreak…
Egypt central bank seen keeping interest rates on hold this week: poll
Egypt's central bank is expected to leave its main interest rates unchanged this week as it weighs the impact of…
Egypt’s banks told to limit withdrawals and deposits
Egyptian banks have been instructed to apply temporary limits on daily withdrawals and deposits in a move seemingly designed to…
COVID-19 response: Saudi Arabia tells banks to go easy on loans
Saudi Arabia’s central bank is ordering lenders to provide concessional loans to businesses grappling with the fallout of the coronavirus…
Victims reveal huge losses after falling for Dubai property scam
Victims of a property rental scam in Dubai could lose tens of thousands of dirhams after falling foul of fake…