Banks gear up for Aramco’s digital IPO
Aramco yesterday issued guidelines on the private tranche of the IPO, which said: “Individual investors who have recently participated in…
Regulation, Risk & Compliance
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FinTech fast track
The Economic Development Board has announced a “fast track setup process for start-ups globally looking to take advantage of the…
Exchange companies complain to CBK local banks refusal to open accounts
Some financial institutions and exchange companies that buy and sell currencies in the local market have complained to the Central…
HSBC’s Quinn Courts Qataris for Deals After Chasing Saudi Fees
HSBC Holdings Plc is intensifying efforts to mend ties with Qatar after diverting its attention from the gas-rich Gulf state…
Al Baraka bank announces second Sukuk issuance to raise R400m
In another sign that Shariah-compliant investment instruments are becoming more widely adopted around the world, Al Baraka bank announced last…
Vistra Completes Rebrand of London Legalisation Services
London Legalisation Services, a London-based provider of legalisation and consular services, has been officially rebranded as Vistra. Derek Kemp,…
Egypt's New Wealth Fund Eyes Stake in Siemens-Built Power Plants
Egypt’s new sovereign wealth fund plans to acquire a stake of about 30% in power plants co-built by Siemens AG…
CBK unveils liquidity management, forecasting dashboard
Governor of the Central Bank of Kuwait Dr Mohammad Y. Al-Hashel announced CBKs live and consolidated “Liquidity Management and Forecasting…
Lebanon: Central Bank Tries to Calm Nerves as Bank Employee Union Calls for Strike
Lebanese Central Bank Governor Riad Salameh sought on Monday to calm nerves by saying bank deposits are secure and that…
UAE Set for Faster Cryptocurrency Adoption as Institutional Investment Increases
As the nation’s authorities begin to draft regulations, the United Arab Emirates appears to be on the verge of expansion…
Boursa Kuwait approves Zagtrader for its market making solution
ZagTrader has formally announced that it is the first platform to be fully certified by Bourse Kuwait as per to…
Dubai's Jafza first to roll out new workforce protection deal
Jebel Ali Free Zone has signed an agreement with Dubai Insurance Company to be the first to roll out the…