Challenges ahead for Turkey as economy slides into recession
Turkey’s economy has been declared in recession — defined as two consecutive quarters of contraction — for the first time…
Regulation, Risk & Compliance
8954 articles found
Middle East bank chief calls for more regtech spending
The secretary general of the Union of Arab Banks has called on financial institutions in the region to increase their…
Turkish watchdogs to probe JP Morgan after lira plunge
Turkey's banking watchdog said it had launched an investigation into JP Morgan and other banks over complaints it received after…
Ride-hailing company ‘received preliminary approval’ for licensing process before being told to shutter operations
Jeeny, a smartphone application for ride sharing, on Thursday said they had been facing problems getting their licensing requirements approved,…
ADCB and UNB shareholders greenlight mega-merger
Shareholders of Abu Dhabi Commercial Bank and Union National Bank have given their approval for a merger of the two…
EBRD weighs up Africa development push
Created in 1991 at the end of the Cold War, the original mandate of the London-based European Bank for Reconstruction…
QCB governor attends GCC meeting in Oman
HE the Governor of Qatar Central Bank Sheikh Abdullah bin Saoud al-Thani took part in the 72nd Meeting GCC Committee…
UAE banks suspend credit, debit cards as customers don't update Emirates ID
Banks in UAE have started suspending credit and debit cards of some customers who haven't updated their Emirates ID details…
Bahrain central bank cuts one-month deposit rate -statement
Bahrain’s central bank said it cut its one-month deposit rate to 3.10 percent from 3.25 percent on Wednesday, but kept…
Oxford Business Group appoints new directors for Bahrain and Oman
To support the production of its forthcoming country 2020 reports on Oman and Bahrain, global research consultancy Oxford Business Group …
Sharia-Certified Crypto Exchange Lists XRP Paired With Six Fiat Currencies – The Ripple Effect
Sharia-compliant crypto exchange Rain just added XRP to its platform. The digital asset is one of a select number of…
Mauritius leader hails global role of Saudi crown prince
Showkutally Soodhun, the head of the ruling party of Mauritius, has praised the important changes being witnessed in Saudi Arabia…