Deutsche Bank cuts 8 equities research positions in Dubai
Deutsche Bank has cut eight positions within its equities research team in Dubai, as it moves to close the unit…
Regulation, Risk & Compliance
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Central Bank of Bahrain on the forefront of innovation
A delegation from the Central Bank of Bahrain (CBB) recently visited the Visa Innovation Center. The visit came in…
Kuwait's economic growth recovering — Belgian finance house
The six-member Gulf Cooperation Council countries have implemented significant fiscal consolidation and this has improved the fiscal balances of most…
DFSA obtains DIFC Courts Judgment to Enforce a Fine
The Dubai Financial Services Authority has recently obtained judgment in the DIFC Courts’ Court of First Instance to enforce payment…
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…
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…