Central Bank Targets 65% Financial Account Ownership by 2028
The Central Bank of Jordan (CBJ) launched a workshop dedicated to the midterm review of the National Financial Inclusion Strategy…
Regulation, Risk & Compliance
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ADGM's FSRA signs MoU with GCGRA to strengthen regulatory cooperation
The Financial Services Regulatory Authority (FSRA) of ADGM, the international financial centre of Abu Dhabi has signed a Memorandum of…
Qatar overhauls rental law to ease registration
Qatar has cut the fee for registering a lease to a flat QR250 — down from a charge that could…
Türkiye set to reopen to booking giants with regulations overhaul
A new set of regulations proposed in a bill submitted to Parliament is set to pave the way for major…
FRA issues Egypt’s first regulations governing establishment, operation of hedge funds
The Financial Regulatory Authority (FRA) has issued the first regulatory framework governing the establishment and operation of hedge funds in…
Federal Tax Authority and Dubai Police seize 3.5mln non-compliant excise goods packages
The Federal Tax Authority has announced that inspection campaigns carried out in cooperation with the General Department of Criminal Investigation…
How Kuwait’s banks kept the financial system afloat during the Iraqi invasion
On Aug 2, 1990, Kuwait’s banking system was brought to a standstill. As Iraqi forces invaded Kuwait, bank headquarters and…
UAE keeps key interest rate unchanged in July, mirroring US Fed move
The Central Bank of the UAE (CBUAE) announced late Wednesday it has decided to maintain the Base Rate applicable to…
CBB keeps rate unchanged
THE Central Bank of Bahrain (CBB) announced its decision yesterday to maintain the overnight deposit interest rate unchanged at 4.25…
DIFC records 30% growth in registered companies
The number of companies registered with the Dubai International Financial Centre (DIFC) exceeded 10,000 by the end of the first…
UAE bank assets reach $1.53trln in May, central bank says
The Central Bank issued the “Monetary and Banking Developments – May 2026” report, which showed that money supply aggregate M1…
Saudi Arabia welcomed 29.3m foreign tourists in 2025: OECD
The Organization for Economic Co-operation and Development announced its “Tourism Trends and Policies 2026” report, which reflected the rapid growth…