Commercial Bank, QFC sign MoU for strategic partnership
Commercial Bank and the Qatar Financial Centre have formed a strategic partnership where Commercial Bank will be the preferred bank…
Regulation, Risk & Compliance
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QIB, QPAY to launch Qatar’s first Islamic PoS solution
Qatar Islamic Bank has signed an agreement with Qatar’s largest fintech company, QPAY International, to launch the first Islamic point…
UAE non-oil economic growth slows slightly: central bank
Non-oil economic activity in the United Arab Emirates grew by 3.1 percent from a year earlier in the first quarter,…
Israeli banks financing illegal settlements
Israel’s banks are providing services that “help support, maintain, and expand unlawful settlements” by financing their construction in the occupied…
Tighten corporate governance, Saudi firms urged as MSCI looms
Saudi companies should boost efforts to align their corporate governance and investor relations functions with international standards ahead of a…
Turkish officials say cbank ready to act, dialling back Erdogan rhetoric
Two senior Turkish officials have dialled back on their president’s combative message to markets on interest rate policy, insisting the…
CBK issues six-month bonds, Tawarruq worth KD 360 mln
The Central Bank of Kuwait said Monday it issued KD 360 million (USD 1.1 billion) worth of bonds and related…
VG and Ward Yates act in MEA deal
Jersey-based firms VG and Ward Yates acted in partnership with the Dubai office of Dentons to advise Virgin Mobile Middle…
Funds Absorb Record $1.6 Trillion Net Inflow Worldwide in 2017
Investors expanded their commitments to unprecedented levels during 2017 as net flows to long-term funds soared to $1.6 trillion worldwide,…
Jersey Finance Hosts an Educational Finance Event Exclusively for Women in Saudi Arabia as More Women Look to Take Control of their Financial Affairs
Jersey Finance, the body that promotes the jurisdiction as a robust, transparent, International Finance Centre, recently hosted a women-only talk…
UAE foreign ownership law more limited than you think
A landmark law that will allow foreign investors to own 100% of companies in the UAE will be limited to…
KPMG said to review its audits of Middle East PE firm Abraaj
KPMG LLP is conducting an internal review into its audits of embattled Middle East buyout firm Abraaj Group following the…