Kuwait's central bank sets up test ground for fintech
Kuwait’s central bank has issued regulatory guidelines for companies wishing to experiment with new financial technology products and services, it…
Regulation, Risk & Compliance
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U.A.E. Banks Look Outside of Their Home Turf to Boost Loan Deals
Some of United Arab Emirates’ biggest banks are looking outside of their home turf to make up for relatively slow…
Hamad Buamim named new Chair of World Chambers Federation
Chambers of commerce making up the General Council of the International Chamber of Commerce’s World Chambers Federation have elected Hamad…
Global Forum on Tax Transparency marks a dramatic shift in the fight against tax evasion
The Global Forum on Transparency and Exchange of Information for Tax Purposes held its annual meeting in Punta del Este,…
IDB aims to complete treatment plan, put bank on right track by mid-2019: chairperson
The management of the Industrial Development Bank aims to complete its treatment plan and put the bank on the right…
Global concludes exit from Emirates Retakaful
Global Investment House has announced that its alternative asset management arm, Global Capital Management, has concluded a successful exit of…
Egypt's EFG Hermes considers move into insurance and mortgage sectors
Egypt's EFG Hermes is considering expanding into the insurance and mortgage sectors after obtaining regulatory approval, the investment bank's CEO…
Emirates Institute for Banking and Financial launches research portal and mobile app
The Emirates Institute for Banking and Financial Studies has launched a state-of-the-art online research portal that will enable region’s bankers,…
Saudi Arabia Monetary Authority co-developing cryptocurrency with UAE central bank
The Saudi Arabia Monetary Authority is going to launch its own cryptocurrency in 2019, Mohsen Al Zahrani, Head of Innovation…
KPMG Releases the Fintech 100, The World’s Leading Fintech Innovators for 2018
The 2018 Fintech100 is the fifth edition of the annual report, a collaboration between fintech investment firm H2 Ventures and…
UK bank Rosette launches Islamic capital markets unit
UK-based Rosette Merchant Bank an independent, privately-owned, sharia compliant financial services firm with close ties to Kuwait and the rest…
Kuwait bank lending growth accelerates slightly in September
Kuwait's central bank released the following September money supply and bank lending data on Tuesday.