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…
Regulation, Risk & Compliance
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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…
Egypt Seeks New Debt Investors With Euroclear
Egypt is in talks with Belgium-based Euroclear to settle its domestic debt transactions and will embark on a non-deal bond…
Emirates Islamic launches mortgages for non-residents
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, Tuesday announced the launch of home-finance solutions to…
Al Ahli Bank of Kuwait Marks Its First International Capital Markets Issuance
Al Ahli Bank of Kuwait K.S.C.P. (ABK) today priced a highly successful $300 million bond, marking the first international capital…
UAE banks group considers asking for ease in mortgage rules
The United Arab Emirates’ banking group is considering whether to ask the central bank to relax mortgage lending rules to…
Abu Dhabi global market issues public consult on bank recovery and resolution regime
Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, has published a consultation paper setting out its…