Bahrain's AUB in talks to sell stake in investment firm to Kuwait's Warba Bank
Ahli United Bank, a Bahraini lender, and its unit in Kuwait are in the talks with Warba Bank to sell…
Regulation, Risk & Compliance
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UAE and Saudi Arabia unveil seven point co-operation plan
The Executive Committee of the Saudi-Emirati Coordination Council held its first meeting in Abu Dhabi with the participation of all…
Dubai Tourism and Al Ansari Exchange sign agreement
Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism) and Al Ansari Exchange, have signed an agreement to facilitate payments…
All banks operating in Egyptian market invited to adopt principles of responsible banking
The Sustainable Development Committee of the Federation of Egyptian Banks (FEB) called on all banks operating in the Egyptian market…
Saudi Arabian General Investment Authority and Abu Dhabi Global Market form partnership
Saudi Arabian General Investment Authority the foreign investment promotion agency for the Kingdom and Abu Dhabi Global Market the International…
Lawyers Raise Prospect Of "Special Measures" Against Dubai As Dispute Over Frozen $500M Drags On
Lawyers acting for an investment firm trying to regain control of almost $500m that has been frozen in a Dubai…
Central Bank of Kuwait’s CDO on transforming the country’s financial sector
With the rapid expansion of the FinTech sector in Kuwait, the country’s central bank is embarking on a landmark digitalisation…
Dubai Islamic Bank starts marketing dollar sukuk
Dubai Islamic Bank, the United Arab Emirates' largest Islamic lender, on Wednesday started marketing U.S. dollar-denominated Islamic bonds with an…
Banks in Kuwait may declassify expat client data
The Fatwa and Legislation Department have submitted to the Council of Ministers a draft law that allows banks to declassify…
World Finance announces winners of 2018 GCC Investment and Development Awards
Diversification is a crucial project for economies across the globe, but is particularly vital for the oil-dependent nations of the…
Employment pact for Filipino workers kicks in
The agreement on the employment of Filipino workers in Kuwait comes into force today after being ratified Deputy Prime Minister…
It’s Getting Foggy Out There by Gary Dugan
Fed Chairman adds to the fog around Fed policy direction The muddled US policymaking doesn’t bode well for when…