Sanad Aerotech signs $114.89m financing deal with Masreq
Sanad Aerotech has signed an Dh422 million financing agreement with Mashreq Bank, one of the leading financial institutions in the…
Regulation, Risk & Compliance
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Bahrain ranks among top most improved economies
Bahrain has been ranked among top 20 most improved global economies in an assessment by the World Bank. The…
Banks apply limited interest cuts after CBE slashes basic rates
Banks operating in the Egyptian market applied limited cuts in their interest rates within the first two working days (Sunday…
CBK, MoCI study additional provisions to control money collection
The Central Bank of Kuwait is leading an extensive control move, in coordination with the Ministry of Commerce and Industry …
MoneyGram Teams Up With Agricultural Bank to Expand in Egypt
MoneyGram International, Inc. MGI has announced a partnership with Agricultural Bank of Egypt. Per the pact, MoneyGram will provide money…
Fitch affirms National Bank of Kuwait at 'AA-'; outlook stable
Fitch Ratings has affirmed National Bank of Kuwait's (NBK) and NBK (International)'s (NBKI) Long-Term Issuer Default Rating (IDR) at 'AA-'…
UAE-based firms ready to hire more Emiratis
Khaleej Times journalist Sandhya D'Mello spoke to top Emirati experts who all hailed the comprehensive Emiratisation plan that shall boost…
QNB Group receives regulatory nod for Hong Kong branch
QNB Group, a Qatar-based bank, has secured the go-ahead from the Hong Kong Monetary Authority to set up a branch…
KIB leads Kuwait’s financial transformation
Less than a decade ago, Kuwait’s banking sector was stagnant, hindered by a slew of changing governments and crippled by…
SAMA delivers positive assessment of the Saudi Arabia’s economy
The Saudi Arabian Monetary Authority has published its 55th annual report which reviews the economic and financial developments in the…
CBUAE seeks expert comments on crowdfunding draft regulation
The Central Bank of UAE is seeking comments and feedback from experts on a loan-based Crowdfunding Platforms draft regulation before…
Qatar National Bank gets approval for first Hong Kong branch
Qatar National Bank, the biggest lender in the Gulf region, is to open its first branch in Hong Kong, it…