CBUAE strengthens UAE’s role in G20 financial stability efforts
The Central Bank of the UAE (CBUAE) concluded its participation in the Fourth G20 Finance and Central Bank Deputies Meeting…
Regulation, Risk & Compliance
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SAMA licenses Jeel Pay for BNPL as Saudi finance sector expands
Saudi Arabia’s central bank licensed Jil Aldaf Alajil Co., which operates as Jeel Pay, to provide buy-now-pay-later services, bringing the…
Visa tests first live international transaction in Syria
Visa has tested its first live international transaction in Syria, working with Fransabank Lebanon and Paymera. The test was…
Qatar Central Bank issues Government Ijarah Sukuk worth over $1.37bln
Qatar Central Bank (QCB) issued Government Ijarah Sukuk on behalf of the Ministry of Finance on Tuesday. The total allocated…
Saudi Aramco signs agreements worth over $3.7bln with French companies
World's top oil exporter Saudi Aramco has signed agreements with some French companies potentially worth over $3.7 billion in total,…
Three on trial over tax evasion case
Three executives and a company are on trial for allegedly evading BD52,000 in value-added tax (VAT), with one defendant claiming…
Central Bank of Egypt keeps key interest rates unchanged at 19-20%
The Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) kept its key interest rates unchanged at its latest meeting,…
MENA investors drive new demand for Cayman structures
Global fund managers are using Cayman Islands structures to tap demand from investors in the Middle East and North Africa.…
CBE directs banks to submit 2027 financial literacy plans in Q4 2026
The Central Bank of Egypt (CBE) has instructed banks operating in the Egyptian market to submit comprehensive financial literacy action…
UAE suspends all trade and financial transactions with Iran until further notice
The UAE has halted all trade, commercial exchanges and financial transactions with Iran until further notice, the Ministry of Foreign…
FRA approves Al Baraka Bank Egypt’s MTO for A.T. Lease
The FRA called on A.T. Lease’s board to outline its opinion on the offer within 15 days of the authority’s…
Central Bank Targets 65% Financial Account Ownership by 2028
The Central Bank of Jordan (CBJ) launched a workshop dedicated to the midterm review of the National Financial Inclusion Strategy…