Emirates NBD to use sandbox as fintech certification platform
Emirates NBD is bidding to attract third party fintech firms to its API Sandbox environment by promising to arrange demo…
Regulation, Risk & Compliance
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Statement from SHUAA Capital regarding possibility of a merger with Abu Dhabi Financial Group
SHUAA Capital psc and Abu Dhabi Financial Group LLC have commenced discussions regarding the possibility of a merger of the…
Central Bank of Kuwait issues circular to all local banks asking for data on SMEs
The Central Bank of Kuwait has issued circular asking local banks to provide data on the SMEs on a quarterly…
Ebdaa Bank plans to adopt technology solutions: CEO
Ebdaa Bank, has announced plans to implement innovative technology solutions, within the bank, in a bid to benefit from Bahrain’s…
First time buyers in Dubai attracted by prices and new visa regulations: Bayut.com
Lower prices mixed with new laws regarding visas and retirement options are pushing Dubai residents to take the plunge as…
DFSA and Standard Chartered Bank focus on curbing illicit wildlife trade
The Dubai Financial Services Authority recently hosted senior executives from Standard Chartered Bank to discuss how financial institutions and regulators…
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…
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…