Regulation, Risk & Compliance

FinTech

Robo-Advisor Startup Sarwa Raises $1.3 Million In Funding From Regional And International VC Firms

September 4, 2018

Sarwa, a Dubai-based automated investment advisory platform, has raised $1.3 million in its latest round of pre-Series A funding from…

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Awards and Recognition

QDB fetes partner banks for SME support

September 4, 2018

Qatar Development Bank (QDB) honoured four banks yesterday during the ‘Best Partner Bank’ award ceremony for supporting small and medium-sized…

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Comment & Analysis

Turkey's Albayrak says central bank independent, sees no crisis in banking sector

September 4, 2018

Turkey’s central bank is independent of government and will take all necessary steps to combat inflation, Finance Minister Berat Albayrak…

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Comment & Analysis

UAE Central Bank board holds a review meeting

September 4, 2018

The Board of Directors of the Central Bank of the UAE (CBUAE) has reviewed a memo regarding the ‘Macro Prudential…

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Islamic Finance

Bahrain Islamic Bank Announces Its Partnership With Royal Ambassador Property Management

September 4, 2018

Bahrain Islamic Bank (BisB) has signed a joint venture agreement with Royal Ambassador Property Management, a real estate property management…

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Legal

Adviser appeals $1m fine in Qatar

September 4, 2018

Guardian Wealth Management Qatar, which is in liquidation, has appealed against a large compliance fine in the gulf state.  …

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Property & Real Estate

Committee to probe Pakistanis’ assets parked in Dubai

September 3, 2018

The committee tasked to investigate assets owned by Pakistanis abroad has decided to initiate the probe from properties held in…

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FinTech

Singapore and Dubai regulators sign fintech pact

September 3, 2018

Singapore’s central bank and the Dubai Financial Services Authority  have signed an agreement to strengthen cooperation in financial technology  and…

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Financial Results

VCBank delivers 45pc return after Byrne exit

September 3, 2018

Venture Capital Bank (VCBank), a Bahraini Sharia-compliant investment firm, has netted a 45 per cent return after exiting its investment…

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Regulation, Risk & Compliance

Kuwait's Burgan Bank plans 150 mln dinar bonds

September 3, 2018

Kuwait’s Burgan Bank has won approval from the country’s central bank to issue up to 150 million dinars ($496 million)…

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Mergers & Acquisitions

15 Companies Consider Merger to Avoid Bankruptcy in Kuwait

September 3, 2018

Fifteen companies are reported to be considering a merger to avoid bankruptcy before the end of 2018 amid pressures mounted…

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Comment & Analysis

New Global FinTech Deal Highlights Collaborative Trend

September 3, 2018

The latest global FinTech collaboration ties together Singapore and Dubai in a deal designed to encourage innovation in digital payments,…

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