GFH to buy $200m sukuk from Al Rajhi
Bahrain-based GFH Financial Group has agreed to acquire sukuk worth $200 million from Al Rajhi Bank, Saudi Arabia’s second-biggest lender.…
Regulation, Risk & Compliance
8953 articles found
StanChart Said to Brace for New Iran Fine of $1.5 Billion
Standard Chartered Plc is bracing for a potential penalty of around $1.5 billion from U.S. authorities for allowing customers to…
Saudi Arabia’s measures to fight money laundering and the financing of terrorism and proliferation
The Kingdom of Saudi Arabia is achieving good results in fighting terrorist financing, but needs to focus more on pursuing…
Banque du Caire ready to go public at anytime: chairperson
The Chairperson and Chief Executive Officer of Banque du Caire Tarek Fayed, said that the bank is ready to be…
UAE Banks Federation Reveals Dynamic Agenda and Prestigious Line-Up of Speakers for Middle East Banking Forum 2018
The UAE Banks Federation has unveiled details of the agenda and speaker line-up for the sixth edition of the Middle…
AUB wins prestigious award from CFI
Ahli United Bank announced that it has won the ‘Best Governance Bank in Kuwait 2018’ award from Capital Finance International…
e-payments to be regulated by Kuwait Central Bank
The Central Bank of Kuwait (CBK) has instructed all service providers, companies and institutions to register for its electronic payment…
Sharjah banks deny three-way merger talks
Abu Dhabi-listed Sharjah banks on Sunday denied reports of three-way mergers, citing them as rumours. Last week, it was…
Lack of regulation may have hindered fintech development – MEVP CEO
Investments in financial technology (fintech) companies in the Middle East and North Africa (MENA) have been lower than in other…
Abraaj asked to vacate a DIFC office by end of the month
Abraaj, once the biggest private equity firm in the Middle East, has been asked to vacate an office in Dubai's…
CBK clarifies on guidelines for e-payment transactions
Kuwait Central Bank (CBK) held a press conference yesterday at its premises to highlight the new guidelines that were issued…
Saudi Arabia, UAE, Bahrain, Kuwait to enter key JP Morgan bond indexes
Saudi Arabia and four other Gulf states will enter JP Morgan’s emerging market government bond indexes next year, a move…