Pakistan says it has agreed $1bln loan with two Middle East banks
Pakistan has agreed terms for a $1 billion loan with two Middle Eastern banks at a 6%-7% interest rate, its…
Regulation, Risk & Compliance
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Qatar Central Bank grants sandbox entry approval to Madad Financial Technologies
In line with the Third Financial Sector Strategy, the FinTech Strategy, and Qatar Central Bank's (QCB) efforts to develop and…
Kenya banks on trade pact with UAE to grow exports, attract FDIs
In Summary The deal could also see the Middle East country give China stiff competition as Kenya’s top import…
Deloitte Middle East upgrades Tax and Legal Gen AI solution
Deloitte Middle East’s Tax and Legal practice today announced the launch of the second generation of its in-house pioneering AI-powered…
ADGM reduces commercial licence fees from January 2025
The updated fee schedule effective from 1st January 2025, applies to all categories of licences including major reductions in fees…
The Arab Monetary Fund Enhances Capacity Building in December 2024
In December 2024, the Arab Monetary Fund intensifies its efforts to enhance capacity building and professional development across the Arab…
Qatar’s banking sector remains healthy on diligent supervision, robust buffers and strong economy
Qatar’s banking sector remains healthy, driven mainly by robust buffers, diligent QCB supervision and ample hydrocarbon liquidity. The Qatar…
Oman’s central bank approves regulations for Banking Deposits Protection Law
The Board of Governors of the Central Bank of Oman convened for its fourth meeting of 2024 on Sunday at…
Turkey to end FX-protected lira deposits next year
The Turkish central bank plans to end the forex-protected lira deposits (KKM) scheme in 2025 after its balance fell to…
Egypt central bank keeps overnight interest rates steady
Egypt's central bank kept its overnight interest rates unchanged on Thursday, as expected, saying that while inflation was set to…
HKMA and CBUAE deepen financial market co-operation between Hong Kong and UAE
The Hong Kong Monetary Authority and the Central Bank of the United Arab Emirates held the second bilateral meeting in…
Islamic FinTech: Adapting Financial Technology to Sharia Compliance
The financial space has witnessed a seismic shift with the advent of financial technology (FinTech). This revolutionary field has…