Bittrex to launch the first regulated crypto exchange in Middle East
American cryptocurrency exchange Bittrex has partnered with Rain Management WLL to launch the first fully licensed digital asset trading platform…
Regulation, Risk & Compliance
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Kushner Promotes Peace Plan During Middle East Trip
President Trump’s son-in-law and senior adviser Jared Kushner tried to breathe life into Middle East peace efforts with meetings this…
Kuwait central bank decides to keep discount rate unchanged
Kuwait’s central bank said on Wednesday that it had decided to maintain its discount rate unchanged at its current level…
UAE, Saudi, Bahrain cut rates after Fed's signal
Saudi Arabia's central bank said on Wednesday it had cut key interest rates to preserve monetary stability, after the Federal…
Statement from Central Bank of the UAE
The Central Bank of the UAE has announced that, effective, Thursday 1st August 2019, it will lower interest rates applied…
The Firm That Wrecked Private Equity for the Middle East
The collapse of Abraaj Group didn’t just kill the private equity firm Arif Naqvi built in Dubai. It ruined the…
Financial package agreed for largest wind farm in Middle East
EDF Renewables and Masdar have reached a deal with Saudi and international banks to finance the Middle East’s largest wind…
Bahrain crypto exchange Rain secures MidEast's first licence
Bahrain-based cryptocurrency exchange, Rain, announced on Wednesday that it has acquired a licence from the central bank and has closed…
As Fed cuts interest rates UAE and other GCC central banks follow suit
The Central Bank of the UAE and other Gulf regulators cut benchmark interest rates following the US Federal Reserve's decision…
Microsoft and Publicis Sapient build digital trade finance bank in six months
Publicis Sapient, the digital business transformation hub of Publicis Groupe, and Microsoft, has announced their partnership supporting the launch of…
IIFM Publishes its Annual Sukuk Report 2019
The International Islamic Financial Market has announced the publication of the 8th Edition of its annual Sukuk Report. The research…
DIFC, Mashreq Bank and norbloc to launch the region's first production blockchain
Dubai International Financial Centre together with Mashreq through its Corporate and Investment Banking Group, and norbloc, the leading Know Your…