Kuwait lawmakers okay amendments to bank regulation law
Kuwait's parliament, in the first and second deliberations, has given the thumbs up to a proposal for a law aiming…
Regulation, Risk & Compliance
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UAE banks lay off 930 employees, close 49 branches
UAE banks have laid off 930 employees, with local banks closing down 49 branches in the third quarter of 2019.…
QIB introduces suite of Takaful products on mobile App
Qatar Islamic Bank has become the first bank in Qatar to provide Takaful plans for customers on its mobile App,…
Egypt to issue intergovernmental green bonds
Egypt’s Ministry of Finance started its procedures to issue intergovernmental green bonds, to be the first country in the Middle…
AUB attracts national talents at PAM’s career fair
As part of its continuous efforts to attract and support the most qualified national ambitious youth, Ahli United Bank participated…
UAE c.bank says monitoring job cuts in financial industry
United Arab Emirates’ central bank said on Saturday it is closely following recent job cuts in the financial sector, after…
Women making inroads in GCC’s political, fiscal environments
The appointment of Kuwait’s first female finance minister and the reappointment of the first woman to lead the Saudi stock…
African Development Bank loans Morocco 204 mln USD for social protection
The African Development Bank said on Feb. 21 that it will loan Morocco 204 million U.S. dollars for the Social…
Saudi economy set to grow this year, driven by non-oil sector – central bank
Saudi Arabia's economy is expected to grow this year, supported by the non-oil sector, despite a challenging global economic backdrop,…
RAKBank offers free account transfers to any bank in the Philippines
RAKBank recently enhanced its current remittance footprint in the Philippines by partnering with BDO Unibank, a full-service universal bank in…
Abu Dhabi plans $2.7billion in public-private partnership tenders
The leadership in the Abu Dhabi emirate will procure approximately $2.7billion of infrastructure projects in 2020 under the public-private partnership …
All you need to know about investing in residency and second passport
Started as a niche segment, the investment migration market was estimated at $21.4 billion (Dh78.59 billion) in 2018, with projections…