BMB directed to seek resignation of board of directors with immediate effect
The Bahrain Middle East Bank has informed shareholders via a filing on Bahrain Bourse this morning that it has been…
Regulation, Risk & Compliance
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Bahrain cbank revises crowdfunding rules
The Central Bank of Bahrain today expanded the scope of the services covered under the existing rules on 'crowdfunding'. …
Bahrain signs key business deals with China
Bahrain has signed three strategic business partnerships with Hebei – an essential region of China’s economy – to explore opportunities…
CFA Institute and the Middle East Investor Relations Association sign an MoU
CFA Institute, the global association of investment management professionals, signed a Memorandum of Understanding (MoU) with the Middle East Investor…
In Dubai, U.S. Sanctions Pressure Historic Business Ties With Iran
With its Persian restaurants and shop signs in Farsi, Murshid Bazaar, a dense maze of alleys in Dubai's old quarter,…
UAE, Jordan sign $100m agreement to support entrepreneurs
The UAE and Jordan have signed a $100 million agreement aimed at financing micro, small and medium-sized enterprises in the…
The GCC’s pension systems are ripe for reform
Providing generously for retirement is a source of pride for the region, but funding a financially secure future is an…
UAE's Senaat hires banks for planned sukuk -document
United Arab Emirates’ General Holding Corp PJSC (Senaat) has mandated banks to arrange a series of fixed-income investor meetings in…
World Bank calls for ‘moonshot’ approach to Middle East economy
It cannot be often that the MENA Economic Monitor, a publication of the World Bank, can lay claim to being…
New rule for ATM, credit card transactions in UAE
Customers in the UAE have to update their bank records by submitting their Emirates ID by February 28, 2019 in…
Abu Dhabi Investment Authority chooses EMEA equity chief
Olivier Couvreur was named head of Europe, the Middle East and Africa, external equities at Abu Dhabi Investment Authority, a…
$1bn received from Saudi Arabia: State Bank of Pakistan
Pakistan received $1 billion from Saudi Arabia on Monday as part of the $3bn package promised by the kingdom during…