Heavy cull predicted of ‘unprincipled advisers’ in the UAE
Financial advisers are reviewing their staffing policy to escape the charge of mis-selling of investment products, prompted by the recently…
Regulation, Risk & Compliance
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UAE in ‘urgent’ need of new retirement system, gov’t official
There is an urgent need to establish investment funds to manage retirement and end of service benefits in the UAE…
Stanchart gets Saudi banking license
Standard Chartered has been licensed to launch banking operations in Saudi Arabia, already one of the best performing markets in…
Dubai Financial Market Signs MoU With The Dubai Land Department To Streamline Connectivity Through Its Electronic Services Platform
H.E. Essa Kazim: “Agreement further enhances communication channels between the two sides, in line with leadership’s vision on employing advanced…
Abu Dhabi Global Market And ASIC Sign Agreement To Enhance Collaboration
The Registration Authority of the Abu Dhabi Global Market, and the Australian Securities and Investments Commission has announced a partnership…
Bahrain Fintech Bay: RegFact conference hailed a success
RegFact 2019 was held yesterday at the Diplomat Radisson Blu under the patronage of the Central Bank of Bahrain. The…
Luxury Burj Kadi apartments a superb investment opportunity
Burj Kadi – a 41-storey freehold residential apartment building – has achieved its first milestone as per the government requirement…
Imran Khan allows Afghan refugees to open bank accounts in Pakistan
Pakistan Prime Minister Imran Khan has issued orders on Monday to allow Afghan refugees to open bank account in Pakistan.…
Central Bank of Bahrain finalises rules on cryptocurrencies
The Central Bank of Bahrain published its final set of rules to regulate trading and other activities involving digital currencies,…
UAE waives Dh361 million loans of over 3,000 Emiratis
The Debt Settlement Fund has announced that Dh361 million worth of loans of 3,310 Emiratis have been waived off in…
Adnoc inks investment pact with BlackRock and KKR
The Abu Dhabi National Oil Company announced that it has entered into a landmark multi-billion-dollar midstream pipeline infrastructure partnership with…
GCC sovereigns to drive surge sukuk issuance in 2019, 2020
Global sovereign sukuk issuance will recover in 2019 and surpass its record-high volumes by 2020, and possibly sooner, if oil…