Regulation, Risk & Compliance Archives - Page 422 of 745

DIFC's net profit soars to record Dh323 million in 2018 as more firms set up in Dubai's financial freezone

March 6, 2019

Dubai International Financial Centre on Tuesday announced the highest net profit in its history at $88 million (Dh323 million) in…

Regulation, Risk & Compliance

Middle East: Banking in an age of conflict

March 6, 2019

War and revolution have shaped the Middle East’s recent history and have left their mark on the banking sector. Senior…

Legal

UAE bankruptcy law in effect: First firm restructured successfully

March 6, 2019

A UAE company has for the first time successfully restructured its debts under the country’s bankruptcy law. The Abu…

Islamic Finance

London Stock Exchange lists QIIB's $500mn sukuk

March 6, 2019

London Stock Exchange on Tuesday listed QIIB's $500mn sukuk, the first Qatari sukuk to be listed on the LSE. …

Hedge Funds & Alternative Investments

Dubai Islamic Bank and DEWA sign agreement to provide preferential profit rates on DEWA Store for financing electric vehicles

March 5, 2019

Dubai Islamic Bank, has entered into a partnership with Dubai Electricity and Water Authority (DEWA) to offer exclusive auto finance…

FinTech

Abu Dhabi's ADGM invites applications for its regulatory sandbox

March 5, 2019

Abu Dhabi Global Market, the capital’s international financial hub, is receiving applications for the fourth cohort of its regulatory sandbox,…

FinTech

Bahrain signs MoU with Maharashtra government to promote fintech

March 5, 2019

Fintech biz is gathering momentum than expected. In a bid to promote Bahrain as financial tech hub, the Middle Eastern…

Regulation, Risk & Compliance

EU and Qatar sign open skies accord

March 5, 2019

The European Union and Qatar signed a broad air services pact on Monday allowing Qatari and EU member state airlines…

FinTech

Bahrian invites India to leverage new policy on crypto and blockchain

March 5, 2019

Bahrain in a move to stabilize the country’s economy has invited Indian companies through the government of India to leverage…

Comment & Analysis

Turkish annual inflation falls below 20 percent in February

March 5, 2019

Annual Turkish consumer price inflation fell to 19.67 percent in February, official data showed on Monday, dropping below 20 percent…

Fraud & Ethics

Abu Dhabi Global Market updates anti-money laundering rules

March 4, 2019

The proposed revisions to the existing anti-money laundering regime follow on from a recent review of the UAE's federal laws…

Hedge Funds & Alternative Investments

Tawazun’s Dh2.5bn defence fund in talks with banks to finance companies

March 4, 2019

Tawazun Economic Council’s new Dh2.5 billion defence and security fund is talking with local banks to help provide financing to…

Cookie Notice