Bahrain power firm closes $1.3bn refinancing deal
Bahrain-based Al Dur Power & Water Company has announced the successful closure of a $1.3 billion refinancing facility provided by…
Regulation, Risk & Compliance
8954 articles found
The New Anti-Money Laundering Law
All that you should know about the New Anti-Money Laundering Law As part of the requirement of the Financial…
United Arab Emirates: Are You Criminally Liable For Bounced Cheque?
Just as threatening the title of this article may seem, the consequences of a returned cheque or a bounced cheque…
Deadline approaching on Bahrain robo advice consultation
Time is running out for financial services providers in Bahrain to give their views on a proposed regulatory framework for…
Bank manager in Dubai fakes signature, embezzles Dh10 million
A man who used to work as a manager at a renowned bank in Dubai was sentenced to five years…
UAE Central Bank Announces M1 Increased To AED486 Billion
The UAE Central Bank has announced that the Money Supply aggregate M1 increased by 0.1 percent, from AED485.6 billion at…
Common standards needed to globalise Islamic finance
Malaysia supports Qatar Financial Centre’s proposal to have common platforms and technology with other nations to serve the US$2 trillion…
Etihad Credit Insurance partners with Standard Chartered Bank
Etihad Credit Insurance has signed a Memorandum of Understanding with Standard Chartered Bank, a leading global banking group. The collaboration…
Falcon to discontinue UK operations
In line with its strategic priorities to focus on select markets, Falcon has decided to discontinue its operations in the…
Turkish central bank changes reserve levels to encourage lending
The Turkish central bank changed its reserve rules to boost credit growth amid signs of a deepening slowdown in the…
What the UAE's new life insurance regulations mean
The UAE Insurance Authority is pushing ahead with more stringent life insurance regulations to overhaul how savings, investment and life…
Horses, camels fair game when making enforcement claims, says UAE lawyer
Lawyers, creditors and collection agencies in the UAE must remember to look for assets like horses, camels and falcons when…