Tunisia cuts 2020 growth forecast, seeks new IMF deal
Tunisia will seek a new loan deal with the International Monetary Fund, its prime minister said on Sunday, after slashing…
Regulation, Risk & Compliance
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Saudi's Petrochem signs $800mln financing deal with Samba, Riyad Bank
Saudi Polymer Company has signed a 3 billion Saudi riyals ($799.3 million) credit facility with Samba Financial Group and Riyad…
Central Bank of Bahrain bans freezing of accounts after job loss
The Central Bank of Bahrain has banned retail banks from blocking accounts of customers who have either lost their employment…
Fiscal Policies to Protect People During the Coronavirus Outbreak
A key role of government is to protect the well-being of its people—most crucially and visibly during emergencies such as…
Saudi bank loans granted to public, private sectors increase 8 percent
Data issued by the Saudi Arabian Monetary Authority showed that, by the end of January 2020, Saudi bank loans granted…
Central bank of Bahrain to verify compliance by insurers
The Central bank of Bahrain is planning to verify if insurance companies are in compliance with the unified claims settlement…
Bahrain's Shura set to vote on new bankruptcy law
Claims could be made in Bahrain for money owed by foreign bankrupt companies, firms and establishments who have an office,…
Nurturing the perfect eco-system for alternative funds
Over a period of more than 50 years, Jersey has developed a well-respected and forward-thinking funds sector. In 2019,…
Coronavirus: UAE airlines offer refunds, free travel date change
Airlines in the country on Saturday announced a waiver for passengers who have been forced to cancel their flights or…
Qatar's sustainable development initiatives showcased at global forum
The country’s initiatives on sustainable development have been showcased at the ‘2nd World Sustainable Development Forum’ held recently in Durango,…
Investment trend: Formosa sukuk could help GCC issuers diversify funding
The expansion of Taiwan's Formosa bond market to include sukuk instruments could help Gulf Cooperation Council issuers, including Islamic banks,…
Britain’s lucrative ties with the Gulf states have been tested by court shocks
For many decades the British royals have acted as one of the UK’s most potent instruments of “soft power” in…