SEC inks revolving credit facility deal with 8 banks
Saudi Electricity Company was confirmed to have finally inked with eight foreign banks a revolving credit facility deal, at a…
Regulation, Risk & Compliance
8953 articles found
KFH pioneer in embracing digital transformation: Al-Nahedh
KFH-Group CEO, Mazin Saad Al-Nahedh said innovation is instrumental pillar in executing Kuwait finance house (KFH) strategy, indicating the KFH…
Robo-advisory firm is first graduate from Dubai fintech testing
The Dubai Financial Services Authority has announced that robo-advisory firm, Sarwa, has become the first participant to graduate from its…
Mutual interests bind the Middle East to Asia
Developments in the Gulf’s markets are increasingly being driven by the presence of Asian – and especially Chinese – banks,…
Bank Melli Iran rejects claims of illegal money transfers to Iraq
Bank Melli Iran has rejected the claims of the Office of Foreign Assets Control of the US Department of the…
Turkey to sell asset-backed securities to improve banks' liquidity
Turkey’s development bank is gearing up to sell asset-backed securities to investors, a sign that authorities are pressing ahead with…
No more ‘smoke and mirrors’ in product propositions
Tim Searle, Founder and Chairman of Dubai-based financial advisory Globaleye, says his company occupies a “sweet spot” of client segments,…
UAE to issue commemorative currency on National Day
The Central Bank of the UAE will issue a commemorative silver coin, a commemorative one Dirham coin and an Dh100…
Deloitte LCB audit case set for trial
The Dubai International Finance Centre has recognised a claim made by the bank’s shareholders against Deloitte and Touche Middle East…
Qatar should open its banking system to fintechs, says expert
Qatar should open its banking system to fintechs and standardise its regulations to facilitate fintech set-ups, operation and mobility,a leading…
Deloitte Grows Its Middle East Forensic Technology Practice With New Partner and Director Appointments
The increasing use of technology brings with it significant risk of fraud, financial crime, data theft and cyber breaches. Deloitte’s…
Saudi Arabia's SEC to close USD2b credit facilities pact
Saudi Electricity Company is prepared for the closing of an USD2.15 billion deal on international syndicated revolving credit facilities on…