Saudi Arabia and UAE cooperating on regional crypto coin
Crypto zealots pride themselves on their independence from any central banking authority, but there has been an ongoing debate as…
Regulation, Risk & Compliance
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Global risk management survey – Deloitte
Financial organizations face challenges from nonfinancial risks such as cybersecurity, model, third-party, and conduct risk—as well as looming economic dangers—that…
What Barclays banker accused of getting £11.8bn secret bailout from Qatar during 2008 crash said to his colleague
A Barclays boss said the bank would collapse without a multi-billion-pound bailout from Qatar, a court heard yesterday. As…
Saudi Arabia's turbulent years: For how much longer can King Salman shield MBS?
The euphoria that accompanied King Salman’s succession to the throne in January 2015 has been difficult to sustain over the…
Qatar believes in strength of GCC: FM
Deputy Prime Minister and Minister of Foreign Affairs H E Sheikh Mohamed bin Abdulrahman Al Thani has affirmed that there…
KFH, Al-Ahli banks merger to begin
Kuwait Finance House has notified the Central Bank of Kuwait and Capital Markets Authority about its Board of Directors meeting…
KFH- Capital arranges $1.6bn sukuk issuances for FAB and DIB
Chief Investment Banking Officer at KFH Capital, an investment arm of KFH Group “KFH”, Abdullah Al-Haddad said that KFH Capital…
Syria is ready to court investors, but Europe wants to prevent that
As Syria courts investors to rebuild its war-shattered cities, it may find a fresh round of European sanctions standing in…
Dubai Islamic Bank successfully closes AT1 Perpetual Sukuk
Dubai Islamic Bank, rated A3 by Moody's (stable) and A by Fitch (stable), successfully closed a USD 750 million Additional…
Egypt postpones $6.6bn repayment to Saudi Arabia
The Central Bank of Egypt yesterday announced the postponement of the repayment of three Saudi deposits worth $6.6 billion for…
Bahrain got first funds from Gulf aid last year – c. bank governor
Bahrain has received the first instalment of a $10 billion aid package pledged by its Gulf allies last year, its…
Qatari businessmen keen to invest in Pakistan in diverse areas
Qatari businessmen and investors on Tuesday expressed interest to invest in Pakistan in diverse areas, including hospitality, large-scale manufacturing, transportation…