Kuwait’s investment firm seeks SBP’s approval to sell its holdings in Meezan Bank
In a bid to rebalance its investment portfolio, the Noor Financial Investment Company (Noor), a publicly listed company in Kuwait,…
Regulation, Risk & Compliance
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Legal experts say new UAE arbitration law will encourage investment
Legal experts in the UAE are praising the formal adoption of the country’s new arbitration law, which many believe will…
Eastern promise: UAE's financial hubs target China
As the United States and China begin talks today to try and avert an escalating trade war, the two main…
DFSA Expands FinTech Innovation Testing Programme
The Dubai Financial Services Authority today announced the expansion of its Innovation Testing Licence programme in response to continued interest…
DIFC’s Governor & China’s Vice Minister of Commerce Hold Talks On Future Collaboration
His Excellency, Essa Kazim, Governor of Dubai International Financial Centre (DIFC), and Arif Amiri, Chief Executive Officer of DIFC Authority,…
Bahrain targeted by US hedge fund
Capital Management, a hedge fund that holds the distressed bonds of Mozambique and Venezuela, has said that Bahrain is its…
Sponsored Content – Higher Oil Prices Will Boost Saudi Investment into Ethereum and Other Cryptos
Saudi Arabia continues to flex its investment muscle into the realm of crypto currencies. In its latest venture, the Kingdom…
Asset management industry ‘set for growth’
Bahrain’s assets management industry is set to see continued strong growth in the next five years, according to a top…
Aflaj International and Dentons form project JV for Muscat Hills
Law firm Dentons says it has advised Muscat-based real estate developer Aflaj International LLC on its role in respect of…
Dubai Buyout Firm Reassures Banks on Liquidity Concerns
Abraaj Group told creditors the sale of a stake in its fund-management unit and its Pakistani utility will help resolve…
Citing Banking Issues, BitOasis Suspends Deposits and Withdrawals in Dirham
Arabian Business reported that individuals wanting to withdraw balances in Dirham will have to do so before the deadline. …
Emirates Development Bank approves Dh50m fund for start-ups
Emirates Development Bank’s board of director approved a plan to launch a Dh50-million direct financing programme for start-ups and emerging…