UAE: Central Bank Denies Endorsing Private 'Cryptocurrency Trading Platform'
The Central Bank of the UAE denied on December 4, the claims of an article published on a "potentially fraudulent…
Regulation, Risk & Compliance
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African diplomat: Kuwait funds for Africa worth USD four bln
Senegalese Ambassador to Kuwait Abdulahad Ambaki on Thursday lauded the vital role of Kuwait in supporting Africa via the Kuwaiti…
IIFM holds its 10 th Annual Seminar in Bahrain
The International Islamic Financial Market organized its 10 thannual seminar on the pre-conference day of the 26 th World Islamic…
Saudi Aramco attracts $38bn in orders from institutional investors
Institutional investors have put in 144.1 billion riyals ($38.4bn) worth of bids for Saudi Aramco's planned initial public offering, equivalent…
Dubai's DFSA inks partnership with Luxembourg regulator on fintech innovation
The Dubai Financial Services Authority and the Commission de Surveillance du Secteur Financier Luxembourg have made an agreement to work…
Qatar, Kazakhstan working to enhance economic ties
The President of Kazakhstan H E Kassym-Jomart Tokayev met yesterday at the presidential palace with Governor of the Qatar Central…
Egypt to issue first corporate sukuk within weeks – official
Egypt will issue its first corporate sukuk, or Islamic bonds, within weeks, a Financial Regulatory Authority official said on Tuesday.…
Temenos signs Egyptian National Post
Temenos had announced that Egyptian National Post Organization has selected Temenos Infinity, the leading omnichannel digital banking product covering customer…
Deyaar and Dubai Islamic Bank to Provide Attractive Home Financing Solutions
Deyaar Development PJSC, one of Dubai’s leading property developers and real estate service providers, has partnered with Dubai Islamic Bank,…
UAE President Highlights Development in National Day Speech
UAE President Sheikh Khalifa bin Zayed Al Nahyan announced that the UAE Supreme Council, the federal government, and local governments…
Alba refinances $1.5bn Line 6 expansion syndicated loan
Aluminium Bahrain, the world’s largest smelter excluding China, has announced the successful refinancing of its $1.5-billion syndicated loan facility in…
UAE investments into Africa to flourish says Standard Chartered exec
The UAE government, state-controlled entities and major private sector enterprises will scale up investments into Africa next year as the…