Abu Dhabi's FAB rejects Qatari financial regulator's allegations
First Abu Dhabi Bank has rejected allegations by the Qatar Financial Centre Regulatory Authority that its branch in the Qatar…
Regulation, Risk & Compliance
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BlackRock Mideast Foray May Grow With Israel Infrastructure Push
The world’s largest asset manager BlackRock Inc. could add to its footprint in the Middle East by joining Israel’s infrastructure…
Bahrain and Abu Dhabi Compete To Be Gulf’s Cryptocurrency Hub
Bahrain and Abu Dhabi are racing to become the Gulf region's leading hub for cryptocurrencies, decentralized digital currencies that utilize…
Qatari Regulator Fines the UAE's Biggest Lender $55 Million
The QFC Regulatory Authority has announced that it has imposed a financial penalty of (USD 54,945,055 on First Abu Dhabi…
Pharos holding announces prime talks on acquiring its two subsidiaries end in deadlock
Pharos Holding for Financial Investments announced that it has not reached a final agreement regarding the offer submitted by Prime…
UAE businesses need to crack payment muddle
Businesses in the UAE have been facing a severe drought, brought on by drastic changes in the economic climate since…
Dubai Financial Market notes governance improvements
Dubai Financial Market (DFM) says it has seen considerable improvements in corporate governance in more than two-thirds of its listed…
Economic reforms turns Egypt into Middle East’s fastest-growing economy
Egypt’s recovery has turned it into the Middle East’s fastest-growing economy following three years of reforms enacted to secure a…
Law Amendment Granting Citizenship To Investors Sparks Controversy In Egypt
Suffering from an ongoing economic crisis, Egypt has recently taken an unusual step to attract foreign investments: a law amendment…
QFC joins global league of financial centres to promote sustainable business growth
The Qatar Financial Centre one of the world’s leading and fastest growing onshore business and financial centres, has joined the…
Invest Bank resumes trading on ADX
The Abu Dhabi Securities Exchange has announced in a statement that Invest Bank is resuming stock trading starting from Wednesday…
SME accounts surpass general credit accounts in Qatar banks in 2018: QCB
The number of credit accounts opened by "small business and individuals" bettered all credit accounts opened by Qatar's banking sector…