Australia's Macquarie downsizes in the Gulf: sources
Macquarie Group is scaling back in the Middle East by downsizing its operations in the United Arab Emirates (UAE), three…
Regulation, Risk & Compliance
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Bahrain receives first instalment of Gulf aid, expects deficits to fall
Bahrain said it received $2.3 billion last year and is expecting another $2.28 billion in 2019 under an agreement with…
CBK rejects Warba Bank merger with KMEFIC
Kuwait’s Warba Bank said that the Central Bank of Kuwait has rejected its proposed acquisition of a controlling stake in…
Saudi Shura Council approves 'green-card' residency scheme for expats
Saudi Arabia's Shura Council, a quasi-parliament, has approved a plan for introducing a Green Card-style residence system for foreigners aimed…
Jersey partners with Bahrain on digital innovation
Jersey and Bahrain are set to work more closely together on digital innovation, encouraging more women into the tech sector,…
How the International Monetary Fund is waking up to the financial risks of the climate crisis
On March 18, 2019, the Executive Board of the International Monetary Fund discussed a paper providing country-level guidance on the…
DWF advises Neutral Capital Finance PLC on US$50m green Eurobond programme
DWF's Debt Capital Markets team has advised Neutral Capital Finance PLC in its capacity as issuer of a green US$50m…
Bank Audi signs final agreement for acquisition of NBG Egypt
Lebanese Bank Audi has signed the final acquisition contract of the National Bank of Greece Egypt. The NBG said…
Is Iran Planning to Recognize Bitcoin?
The unveiling of a new system during the recent International Exchange, Bank and Insurance Fair (IRAN FINEX) in Tehran has…
Iranian central bank is working on blockchain for independent financial system
Iran is looking towards blockchain technology with interest and is striving to take maximum benefit from this segment and financial…
Game of hubs: The battle for the Middle East's startup capital
For several years, Dubai, with its strategic location and stability, has been able to establish itself as the hub for…
Eagle Hills Diyar signs agreement with UAE banks
Eagle Hills Diyar, the developer behind Bahrain's waterfront project Marassi Al Bahrain, has signed an agreement with a syndicate of…