Binance ‘hopeful’ about Saudi crypto regulation in 2024
With discussions on cryptocurrency ongoing at several Saudi government bodies, Bandar AlTunisi, Head of Development at Binance in Saudi Arabia,…
Regulation, Risk & Compliance
8931 articles found
Allianz Egypt, Suez Canal Bank partner to expand bancassurance services
Allianz Life Assurance Company Egypt, affiliated with Sanlam Allianz Africa, has signed a five-year partnership agreement with the Suez Canal…
Fitch affirms Saudi Arabia 'A+' rating on strong balance sheet, fiscal buffers
Fitch Ratings has affirmed Saudi Arabia’s long-term foreign-currency issuer default rating (IDR) at ‘A+’ with a ‘stable’ outlook. The…
RTA plans to embrace cloud computing with new AWS agreement
Dubai’s Roads and Transport Authority (RTA) has entered into an agreement with Amazon Web Services (AWS), under which the Amazon…
GCC companies rush into Saudi Arabia
Companies in the GCC are expanding in Saudi Arabia to tap the massive opportunities being created by $3 trillion worth…
UAE banks to lead regional growth in 2024
The UAE banking sector is likely to maintain its solid performance in 2024 and take the lead in regional growth…
Saudi banks’ credit up by 10% to reach $690bn in 2023
Increased credit to corporate activities propelled a 10 percent annual surge in loans for Saudi banks in 2023, reaching SR2.58…
IMF, Egypt agree on ‘main elements’ of economic reform programme
The International Monetary Fund said on Thursday it had agreed with Egypt on the key policy components of an economic…
Sharjah Asset Management – Ecosystem partner for the Sharjah Entrepreneurship Festival 2024
Sharjah: Sharjah Asset Management Company, the investment arm of the Sharjah government, is participating in the 7th edition of the…
CBUAE maintains the base rate at 5.40%
The Central Bank of the UAE has decided to maintain the Base Rate applicable to the Overnight Deposit Facility (ODF)…
Saudi Investment Ministry to maintain record of private sector’s foreign investments
Saudi business landscape received a regulatory push as the Kingdom’s Ministry of Investment launched a new initiative to take inventory…
NBK warns against suspicious fraudulent e-mails
Aiming to raise awareness and actively participate in promoting financial culture and inclusion among different segments of society, National Bank…