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…
Regulation, Risk & Compliance
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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…
SecureLink announces distribution partnership with ShiftLeft for GCC and Egypt
SecureLink had announced signing a distribution partnership with ShiftLeft for GCC and Egypt. ShiftLeft is the fastest and most…
Finance and 'The Sport of Kings'
The Middle East is widely recognised for its deep-rooted equestrian heritage, which goes back thousands of years, and continues to…
Deutsche Bank’s Payments to Saudi Royal Adviser Under Scrutiny: F T
Deutsche Bank’s Switzerland-based wealth management division paid $1.1 million to secure lucrative business arrangements with a senior member of the…
DFSA to become a Signatory to the IOSCO Enhanced Multilateral Memorandum of Understanding: A First for the GCC
The Dubai Financial Services Authority had announced that it had been accepted as a signatory to the IOSCO Enhanced Multilateral…