Abu Dhabi to revive sale of 1MDB-tarnished assets of Falcon Private Bank
Abu Dhabi's Mubadala Development Co. is reviving plans to sell Falcon Private Bank in Switzerland as it seeks to distance…
Regulation, Risk & Compliance
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CISI Middle East welcomes Richa Goyal to the UAE National Advisory Council
The Chartered Institute for Securities & Investment has appointed Richa Goyal as the latest member of its UAE National Advisory…
UAE Central Bank foreign currency assets hit $94.82bln in January
The total foreign currency assets held by the Central Bank of the UAE stood at AED348 bn by the end…
Saudi Arabia's New Rules Set to Raise Islamic Tax for Some Banks
Saudi Arabia set out new rules for the calculation of an Islamic tax on banks that’ll result in them paying…
UAE authorities introduce passporting regime for investment funds
The Emirates Securities and Commodities Authority (SCA), the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM)…
Bahrain issues new cryptoasset rules
The announcement means the CBB is the latest financial regulator in the Middle East to develop an onshore regulatory framework…
Saudi insurers face upheaval as regulator mulls capital hike
The insurance market in Saudi Arabia is potentially facing a major shake-up as a new draft insurance law has proposed…
Qatar freezes new business for First Abu Dhabi Bank amid currency probe
Qatar will no longer permit First Abu Dhabi Bank, the largest bank in the United Arab Emirates (UAE), to provide…
Event addressing increasingly complex digital environment launched
UAE Banks Federation, UBF, and Abu Dhabi Global Market, ADGM, have hosted a joint forum on FinTech and crypto assets,…
Macro and Market Perspective – ''Meaningful'' Take 3? by Gary Dugan
Another seminal week ahead for UK politics Sterling looking in better shape - $1.34 a near term target set by…
Egypt- Banque du Caire opens regional office in UAE for Gulf customers
Banque du Caire announced it has opened a representative office in the United Arab Emirates as a focal point between…
Egypt affirms support for the African Development Bank, regional integration agenda
Egypt has affirmed its strong support for the African Development Bank as a development partner and is committed to strengthening…