Regulation, Risk & Compliance

FinTech

Turkish bank deploys Daon’s IdentityX platform for biometric authentication

October 12, 2018

Daon announced that Akbank has deployed Daon’s IdentityX facial recognition technology for mobile banking authentication. Akbank is the first bank…

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Comment & Analysis

Basel AML Index reveals slow progress in combating money laundering

October 12, 2018

The results of the seventh annual Basel Anti-Money Laundering Index released today support the growing concern that governments worldwide are…

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FinTech

Qatar to introduce banking service platform for Fintech

October 11, 2018

Qatar Central Bank (QCB) is ready to introduce a banking service platform to drive the rapid development of financial technology…

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Hedge Funds & Alternative Investments

Qatar Sets 2019 for Free Zones Launch

October 11, 2018

One of the two free zones in Qatar will be operational from the first quarter of 2019, Minister of State…

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Legal

NY fines UAE's largest bank over lax money-laundering safeguards

October 11, 2018

Financial Services Superintendent Maria T. Vullo today announced that the Department of Financial Services has fined United Arab Emirates-based Mashreqbank…

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Hedge Funds & Alternative Investments

Masdar Signs Region's First Green Revolving Credit Facility to Drive Sustainability Goals

October 11, 2018

Masdar, Abu Dhabi Future Energy Company, has signed a green revolving credit facility (RCF) with four local and international banks…

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Regulation, Risk & Compliance

Sovereign funds hiring their own rainmakers

October 11, 2018

WHEN Lucid Motors, an electric carmaker, announced that it had raised US$1 billion in financing last month, the transaction appeared…

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Hedge Funds & Alternative Investments

Influx of Chinese banks good for Gulf region: Dubai-based bankers

October 10, 2018

The growing number of Chinese banks operating in the Gulf countries has helped spur investments and boost local financial market…

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Regulation, Risk & Compliance

Bahrain to benefit from GCC inclusion in JP Morgan index

October 10, 2018

GCC’s inclusion in JP Morgan EMBI Index is expected to bring in $30-60 billion in inflows to the GCC sovereign…

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FinTech

Middle East's First Central Bank-Backed Crypto Exchange to Launch in 2019

October 10, 2018

Two blockchain veterans are gearing up to launch what could be the first cryptocurrency exchange in the Persian Gulf to…

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Hedge Funds & Alternative Investments

Dubai Land Department signs MOU with Knight Frank Middle East

October 9, 2018

Dubai, United Arab Emirates: Knight Frank, the leading independent global property consultancy, has signed a memorandum of understanding (MoU) with…

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FinTech

Dubai to launch blockchain payments. Central Bank Digital Currency?

October 9, 2018

Soon Dubai citizens and residents will be able to make digital currency payments for school fees, utility bills and retail…

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