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…
Regulation, Risk & Compliance
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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…
Dubai launching 'crypto valley' in tax-free zone
A Dubai government authority has announced that it is launching a crypto valley in the country's free zone, where there…
Hawkamah and IMF focus on key trends impacting the Governance of Central Banks
Hawkamah and the International Monetary Fund convened the sixth high-level Central Bank Governance Forum in Dubai on January 21-23, 2020.…
Turkish Treasury to issue gold-backed bonds and sukuk to corporate investors
Turkey will issue gold-backed bonds and sukuk for corporate investors, especially for retirement and investment funds, with a settlement date…
Bahrain Become's Next Country to Trial Digital Currency
The central bank of Bahrain is the first to pilot a new toolkit developed by the world economic forum. …
Egypt wants to raise its sovereign wealth fund’s capital to $63bln
The government of Egypt is seeking to increase the capital of its social wealth fund to EGP1,000 billion ($63.3 billion)…
Explainer: Can Lebanon's new government revive the economy?
After three months of political paralysis, Lebanon has finally formed a government under Prime Minister Hassan Diab. Now comes…