Distribution challenges for Middle East banks
It has been reported that some 2,900 bank branches were closed in the UK in the past three years. …
Regulation, Risk & Compliance
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Qatar pushing for financial inclusion and literacy
Qatar has taken many initiatives in financial inclusion and literacy by launching a national level strategy. The Qatar National Financial…
Long bank holidays send wrong signal to businesses
There is nothing wrong with taking a few days off from work. Everyone needs a break. But there is…
UAE companies' debt set to spike with new IFRS accounting rules
Most companies in the UAE are not ready for the International Financial Reporting Standards and those firms which are into…
Qatar and Turkey Central Banks Sign Swap Agreement: Qatar Central Bank
Qatar and Turkey's central banks have signed a currency swap agreement to provide liquidity and support for financial stability, Qatar's…
AlixPartners to oversee AGHF's separation from Abraaj Group
Gobal consulting firm AlixPartners said it has been appointed by investors of the Abraaj Growth Markets Health Fund (AGHF) to…
Islami Bank plans to open representative office in Dubai
Islami Bank Bangladesh has recently sought regulatory approval to set up a representative office in Dubai to facilitate trade and…
GCC trio in talks to drive regional fintech industry
Saudi Arabia is reportedly in talks with UAE and Bahrain to establish a coordinated approach to the regulation and nurturing…
Push to set up banking arbitration
Bahrain Association of Banks (BAB) held a meeting with the Justice, Islamic Affairs and Endowments Ministry to review its project…
Shuaa Capital seeks licence to manage IPOs
Investment bank Shuaa Capital on Sunday called a shareholders' meeting to seek approval for share buyback and also to initiate…
Kuwait’s Warba Bank receives licence to conduct securities activities
Kuwait-based Warba Bank announced that it has obtained licence from the Capital Market Authority (CMA) to engage in certain securities…
Burgan Bank’s operations in Turkey fully hedged against lira fluctuations
Burgan Bank Group commented yesterday, in light of the current situation in Turkey, that Burgan Bank A S – Turkey…