DFSA strengthens relationship with Isle of Man Financial Services Authority
The Dubai Financial Services Authority has signed a new Memorandum of Understanding with the Isle of Man Financial Services Authority…
Regulation, Risk & Compliance
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Saudi's Fawaz Abudulaziz Alhokair secures $800mln Islamic finance
Saudi-listed retail group, Fawaz Abdulaziz Alhokair Company, has signed an Islamic term Murabaha facility and a revolving credit facility agreement…
RippleNet network in UAE expands with Bank of Fujairah
RippleNet network in UAE is growing at an exponential pace. Ripple and National Bank of Fujairah have entered into a…
UAE central bank to revise 2020 growth forecast due to coronavirus
The United Arab Emirates’ central bank will reassess its forecast for economic growth in 2020 due to the coronavirus outbreak,…
Boubyan Bank ready to combat Covid-19
Boubyan Bank’s Group General Manager - Administration Group, Mr. Waleed Al-Yaqout has confirmed that the bank has been prepared since…
UAE central bank recommends measures to mitigate coronavirus impact
The central bank of the United Arab Emirates advised banks to reschedule loans and reduce fees and commissions on Saturday…
Edamah signs property management agreement with Bahrain development bank to manage and operate Sitra mall
Bahrain Real Estate Investment Company (Edamah) has signed a property management agreement with Bahrain Development Bank whereby Edamah will take…
Abu Dhabi Finance, Beehive enter landmark lending partnership
Abu Dhabi Finance, the UAE’s only specialised conventional mortgage lender, has announced a landmark strategic partnership with Beehive, Mena’s first…
Proactive measures helped stabilise economy post-blockade: QCB Governor
A series of quick and proactive measures taken by the government and Qatar Central Bank in response to the blockade…
Lebanon’s banks plead for a no default
Lebanon’s banking lobby made a last-ditch appeal to the government to avoid a debt default and instead offer a swap…
QCB commits to modern regulatory environment to support market stability, innovation
Understanding the importance of financial technology in the development of Qatar’s banking and financial sector, the Qatar Central Bank is…
Central Bank of Kuwait urges use of ATM cards
Kuwait citizens and residents have been urged today to use their ATM cards, instead of banknotes and coins, to reduce…