Banks should give better incentives to save in the UAE
With the dirham pegged to the dollar, it makes sense that the UAE Central Bank follows the federal policy and…
Regulation, Risk & Compliance
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Managing Egypt’s Assets
Last April, the Egyptian Cabinet approved a draft law to establish a sovereign wealth fund to manage state assets with…
GCC economies set to loosen purse strings to boost growth
After going through three years of fiscal tightening, GCC economies are once again loosening their purse strings to support non-oil…
UAE to give Ethiopia $3 billion in aid and investments
The United Arab Emirates pledged a total of $3 billion in aid and investments to Ethiopia on Friday, an Ethiopian…
Who stands to benefit from the UAE's visa and investment rules?
Last month the United Arab Emirates announced it would ease restrictions on foreign business ownership and residency rights in a…
Talks over three-way Qatari bank merger collapse
Talks to merge three Qatari banks have ended after they were unable to reach an agreement, the lenders said in…
How UAE rate hike will affect businesses, consumers
The key interest rate hike announced on Thursday by Central Bank of the UAE will have a sudden direct impact…
UAE's Reform Measures to Offer Relief for Businesses Across All Sectors
The recent spate of investor-friendly reform initiatives by the UAE government, including 10-year visas for investors and professionals as well…
Banks and Cryptocurrencies Global Evaluation: The Middle East
Arab markets were flooded with new investors in April after an Islamic scholar announced cryptocurrency is halal under Sharia law.…
‘Dubai leak’ exposes $110m dirty money
Dubai’s property market is being abused by money launderers, according to a campaign group which has published a report based…
Bahrain grants regulatory sandbox license to Dubai cryptocurrency exchange Palmex
Palmex, a digital asset exchange powered by ArabianChain Technology, has become the first and only cryptocurrency exchange in the Middle…
Kuwait Central Bank directs banks to provide investment data on quarterly basis
The Central Bank of Kuwait has issued a circular for banks operating in accordance with Islamic Shari’a, requesting them to…