National Bank of Oman hires banks for new dollar bond issue
National Bank of Oman has mandated banks to arrange a series of fixed income investor meetings ahead of a potential…
Regulation, Risk & Compliance
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Saudi IOF signs agreement to develop workforce in finance sector
“The MoU is part of IOF’s mission to develop the financial workforce in Saudi Arabia, meet the training demands of…
New guidelines for economic licenses in Abu Dhabi
The Department of Economic Development, has issued two decisions to facilitate economic activities in Abu Dhabi as part of the…
Abu Dhabi issues new rules to ease business
The Department of Economic Development – Abu Dhabi (DED) issued two decisions aimed at facilitating the conduct of economic activities…
ADGM launches new private financing platform regulatory framework to support start-ups and enterprises
Abu Dhabi Global Market has launched its framework to regulate operators of Private Financing Platforms (PFPs) serving equity investment, debt…
Dubai Papers: French media unveils UAE based International Money Laundering network
The French magazine L’Obs has exposed an international tax evasion and money laundering network, which is based in the United…
GCC distressed debt market needed to clear problem loans, say experts
The development of securitisation laws to allow for banks to package and trade distressed debts is one of a number…
EFG Hermes advises on $52m Oman IPO
EFG Hermes, a leading financial services provider, has concluded today its advisory to the Oman-based Dhofar Generating Company (DGC) on…
EFG Hermes plans to implement 18 deals in 2018: executive management
The investment bank of EFG Hermes has diversified the services it offers over the past period through concentrating on financial…
Turkish Banks to Meet $6 Billion of Financing Deadlines
Turkish banks may have to pay up once again as they rush to meet $6bn of financing deadlines amid the…
ADB commits $6bn funding for Pakistan
Asian Development Bank (ADB) has committed $6bn in financing for Pakistan's infrastructure developments over the next three years under its…
UNB shares climb for a second day on Abu Dhabi bank merger announcement
Shares of Union National Bank, one of three lenders in the potential big-ticket banking merger in the emirate, rose for…