Awqaf announces achievements of endowment banks
The General Directorate of Endowments at the Ministry of Endowments and Islamic Affairs yesterday announced the achievements of endowment banks…
Regulation, Risk & Compliance
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CoinMENA appoints SRB for Islamic opportunities in digital assets
CoinMENA, the company based in Bahrain has announced its collaboration with the Shariyah Review Bureau for its digital asset platform.…
UAE Banks Federation outlines 2020 priorities
The UAE Banks Federation (UBF) recently held meetings outlining its priorities for 2020 which included its aim to support the…
Cash-strapped Lebanon to probe ‘suspicious’ capital flight
A probe has started into the billions of dollars sent overseas from Lebanon amid a political crisis that has gripped…
Qatar adopts executive regulations to combat money laundering, terrorism financing
Qatar Central Bank announced on Thursday the adoption of the new executive regulations for Law No. (20) of 2019 issuing…
Six Saudi organizations claim compliance with GIPS
GIB Capital Asset Management, NCB Capital, Jadwa Asset Management, Morgan Stanley Investment Management, Ashmore Group, and the Saudi Arabian Monetary…
Saudi finance ministry boosts Kingdom’s business environment with new law
Saudi Arabia’s Ministry of Finance has implemented a new government tender and procurement law that promotes the local business environment,…
UAE business owners head for 100% option
Some of the biggest corporate deal-making in the UAE in 2020 needn’t be about mergers or acquisitions. Instead, it…
Egypt’s central bank postpones policy meeting to Jan. 16
Egypt’s central bank said on Wednesday that its monetary policy meeting on interest rates had been postponed to Jan. 16…
Dirham will maintain its supremacy in years to come
As the UAE economy grew over the years, the UAE dirham has also emerged stronger against subcontinent currencies as well…
UAE- Financial Policy Coordination Council holds meeting
The Ministry of Finance, MoF, recently held the third meeting of the Government Financial Policy Coordination Council for 2019. …
Bank Aljazira to hand over insurance portfolio to subsidiary
Bank Aljazira announced that it has received the approval of the Saudi Arabian Monetary Authority to transfer its insurance portfolio…