Central Bank of Iraq approves UGH’s acquisition of Bank of Baghdad
Bahrain’s United Gulf Holding has secured Central Bank of Iraq’s approval to acquire a stake in Bank of Baghdad. …
Regulation, Risk & Compliance
8934 articles found
DIFC firms urged to sign up for new law replacing end of service gratuity or risk hefty fines
Leading legal outfit DWF has warned business owners in Dubai International Financial Centre to get on board with the new…
Central Bank of Iraq approves UGH’s acquisition of Bank of Baghdad
Bahrain’s United Gulf Holding as secured Central Bank of Iraq’s approval to acquire a stake in Bank of Baghdad. …
Banker knew Barclays ‘lied’ over Qatar fundraising
A senior banker believed that Barclays documents lied about sums it was paying to Qatar to secure billions in investment…
Banque de Caire IPO, United Bank to help Egyptian bank re-rating
Egyptian banks look set to rebound from their low valuations in 2020, with interest rates and corporate actions likely to…
AFS named official POS acquirer for The Bahrain International Circuit
Arab Financial Services had signed an agreement with Bahrain International Circuit to become an official POS (point-of-sale) acquirer in advance…
Kuwait’s central bank should relax rate caps – IMF
The International Monetary Fund says the Central Bank of Kuwait should relax lending rate gaps once new credit laws have…
CBK, ABK and KfW IPEX-Bank lead arrange $650m project finance
A consortium of six banks led by Commercial Bank of Kuwait, Al-Ahli Bank of Kuwait, and KfW IPEX-Bank as Initial…
Capital, Technical Restrictions on Money Exchange Offices in Saudi Arabia
The Saudi Arabian Monetary Authority- the Central Bank of Saudi Arabia – has imposed capital and technical restrictions on money…
Buna Payment Platform To Include Saudi Riyal
The Arab Monetary Fund had announced the inclusion of the Saudi Riyal along with the US Dollar and Euro among…
Saudi Al Babtain inks $26.66mln loan deal with SAIB
Al Babtain Power and Telecommunication company has signed a SAR 100 million medium-term credit facility agreement with Saudi Investment Bank…
Lebanon's bonds fall as debt restructuring decision looms
Lebanon's government bonds fell to fresh lows on Monday as traders waited on a possible government decision about how it…