Sharjah Ruler approved 161 employment cases on humanitarian grounds
His Highness Dr. Sheikh Sultan Bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, approved 161 employment cases…
Regulation, Risk & Compliance
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Kuwait suspends work permits for expats in cooperative societies
The Ministry of Social Affairs and Labor decided to suspend the issuance of work permits in the cooperative societies of…
Israel Approves New Digital Bank
The Bank of Israel is green lighting a new digital bank — the country’s first new financial institution in decades.…
Fitch Rates Bahrain's New Sukuk Programme 'BB-'
Fitch Ratings has assigned Bahrain's new sovereign global trust certificate (sukuk) issuance programme, established through CBB International Sukuk Programme Company…
Anglo-Gulf Trade Bank chooses TAS Group solutions to manage payments for its corporate clients worldwide
TAS S.p.A. has announced that its agreement with Anglo-Gulf Trade Bank, is now operational. The contract is being managed…
Deutsche Bank CEO warns central banks have no tools left to ‘cushion’ a ‘real economic crisis’
Central banks “have used their tools to a large extent already” and are running out of options to mitigate the…
Kuwait central bank issues $19.75bln bonds, related tawarruq in nine months
The value of the issues of bonds and related tawarruq issued by the Central Bank of Kuwait (CBK) declined by…
Abu Dhabi mandates banks for 5, 10, 30-year U.S. dollar bonds-document
The government of Abu Dhabi has mandated banks for the sale of benchmark U.S. dollar fixed-rate bonds covering maturities of…
Ripple Signs Up Major UAE Bank to RippleNet
The National Bank of Fujairah has joined the extensive list of Ripple’s banking partners RippletNet, the global payment network…
Qatar Financial Centre adds to its reach through Bloomberg Television
Bloomberg Media Group, in the second week of September, launched its dedicated studios from Qatar Financial Center, Doha. This marks…
Stable, growing and successful economies should be inclusive, says Omar Alghanim
Gulf Bank participated in this year’s annual International Banking Conference, themed “Shaping the Future,” organized by the Central Bank of…
Are You Aware Of Bank Guarantee In UAE?
It is a comfort, which is issued by the issuing bank to the beneficiary in whose favour the guarantee is…