UAE to allocate 40% of banking jobs to citizens: Central Bank governor
The United Arab Emirates is set to increase the employment of nationals in the banking sector as the central bank…
Regulation, Risk & Compliance
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EU Bank appoints new EIB Cairo head office
Alfredo Abad has been working for the European Investment Bank since 2005 where he contributed to the Bank’s operation and…
Final details of game-changing UAE legislation
The UAE’s Insurance Authority has released details of the widely-anticipated Decision Pertinent to Regulations for Life Insurance and Family Takaful…
Gov’t to Establish Committee to Review Foreign Investments
The Cabinet has established a new committee that will vet all foreign investments in Israel. The decision to establish…
Dubai Chamber, First Abu Dhabi Bank sign MoU on digital trade
Dubai Chamber of Commerce and Industry has signed a memorandum of understanding (MoU) with First Abu Dhabi Bank (FAB), the…
Property lending beyond 20% at banks’ own risk: UAE Central Bank Governor
Banks in the UAE looking to property lend above the 20 per cent cap must first look at the risks…
Bahrain to Provide Fast-Track Setup Program for Fintech Startups
The Bahrain Economic Development Board (EDB) – the investment promotion agency for the Kingdom of Bahrain in partnership with Web…
UAE Central Bank to launch FinTech coordination authority in a few months
The United Arab Emirates’ central bank will establish a FinTech Office ‘in the near future’ to support financial innovation in…
How visa reforms boost UAE economy
The UAE is led by a vision to build a knowledge-based economy and this is affirmed by a slew of…
UAE Central Bank to roll out FinTech office to develop countrywide ecosystem
The Central Bank of the UAE is setting up a dedicated FinTech office to develop countrywide regulations for financial technology…
Bahrain set to vote on pension law amendments under Islamic Banking rules
Bahrain MPs are set to vote on three amendments to the existing pension laws that would allow workers to replace…
UAE takes leadership role in digital transformation
When it comes to digital transformation, the UAE has taken a leadership role in the Middle East region with the…