Regulation, Risk & Compliance Archives - Page 358 of 745

Singapore's Temasek rules out investment in Saudi Aramco IPO

October 11, 2019

Singapore's Temasek Holdings has decided against investing in Saudi Aramco's initial public offering over environmental concerns, Bloomberg reported. The…

Hedge Funds & Alternative Investments

Kuwait’s economic steps in right direction: World Bank

October 11, 2019

The World Bank has lauded economic steps that have been taken by the Kuwaiti government for boosting the private sector,…

Comment & Analysis

Six-month deposits surge to AED182.2 bn in eight months

October 11, 2019

The six-month deposits at UAE banks picked up to circa AED182.2 billion from January through August 2019, a growth of…

Investment Banking

Regulators Reject Qatar-Backed Deutsche Bank Board Member

October 11, 2019

In a rare intervention, Deutsche Bank’s regulators are blocking a banker backed by its largest shareholder, Qatar, from a seat…

Regulation, Risk & Compliance

Bankers ‘hid’ secret Qatar payments from other investors

October 10, 2019

Two senior Barclays bankers dishonestly hid from the United Arab Emirates a series of multi-million-pound secret payments to Qatar in…

Property & Real Estate

UAE central bank sets early exit fee limit for mortgages

October 10, 2019

The Central Bank of the UAE directed local banks to reduce the early settlement fee on mortgages to a maximum…

FinTech

China Could Be the Big Winner of Saudi Arabia’s Race to Become a Tech Hub

October 9, 2019

Over the summer, with little notice, Saudi Arabia issued a royal decree mandating the establishment of the Authority for Data…

Islamic Finance

CBK’s conditional approval for KFH acquisition of AUB

October 9, 2019

Kuwait Central Bank has agreed with strings attached to Kuwait Finance House’s acquisition of Bahrain’s Al-Ahli United Bank, the country’s…

Hedge Funds & Alternative Investments

Sudan receives $1.5bn from Saudi Arabia, UAE

October 9, 2019

Sudan has received $1.5 billion of a total of $3 billion aid pledged by Saudi Arabia and the United Arab…

Regulation, Risk & Compliance

Dubai Silicon Oasis signs MoU with Mashreq Bank on the sidelines of GITEX

October 9, 2019

Dubai Silicon Oasis Authority, signed a memorandum of understanding with Mashreq Bank on the sidelines of GITEX Technology Week 2019,…

Hedge Funds & Alternative Investments

Saudi central bank vets local lenders ahead of Aramco IPO: sources

October 9, 2019

The Saudi central bank is vetting local lenders' exposure to Saudi Aramco ahead of an initial public offering (IPO) of…

Islamic Finance

Bank Nizwa CEO: Compliance with Sharia is key to make Islamic Finance mainstream in Oman

October 9, 2019

Continuing to lead the Islamic finance industry across the Sultanate, Bank Nizwa CEO, Khalid Al Kayed and Shari’a Supervisory Board…

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