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…
Regulation, Risk & Compliance
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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…
ADGM's FSRA signs MoU with GCGRA to strengthen regulatory cooperation
The Financial Services Regulatory Authority (FSRA) of ADGM, the international financial centre of Abu Dhabi has signed a Memorandum of…
Qatar overhauls rental law to ease registration
Qatar has cut the fee for registering a lease to a flat QR250 — down from a charge that could…
Türkiye set to reopen to booking giants with regulations overhaul
A new set of regulations proposed in a bill submitted to Parliament is set to pave the way for major…
FRA issues Egypt’s first regulations governing establishment, operation of hedge funds
The Financial Regulatory Authority (FRA) has issued the first regulatory framework governing the establishment and operation of hedge funds in…
Federal Tax Authority and Dubai Police seize 3.5mln non-compliant excise goods packages
The Federal Tax Authority has announced that inspection campaigns carried out in cooperation with the General Department of Criminal Investigation…
How Kuwait’s banks kept the financial system afloat during the Iraqi invasion
On Aug 2, 1990, Kuwait’s banking system was brought to a standstill. As Iraqi forces invaded Kuwait, bank headquarters and…
UAE keeps key interest rate unchanged in July, mirroring US Fed move
The Central Bank of the UAE (CBUAE) announced late Wednesday it has decided to maintain the Base Rate applicable to…
CBB keeps rate unchanged
THE Central Bank of Bahrain (CBB) announced its decision yesterday to maintain the overnight deposit interest rate unchanged at 4.25…