Bahrain Middle East Bank partners with ICIEC
Bahrain Middle East Bank (BMB) has partnered with the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC),…
Regulation, Risk & Compliance
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Russia-Turkey investment fund ‘to enhance bilateral ties’
The Russia-Turkey Investment Fund, set up last year by the Russian Direct Investment Fund (RDIF) and the Turkey Wealth Fund,…
DIFC’s FinTech Hive expands accelerator programme
The Dubai International Financial Centre’s FinTech hive is expanding its accelerator programme for start-ups to include insurance, Islamic finance and…
'Talks to sell 70 per cent of Kuwait's Global Investment House underway'
Negotiations are under way to sell 70 per cent of the shares of Kuwait's Global Investment House, two company officials…
Meethaq to promote global sukuk fund
Meethaq, pioneer of Islamic banking in Oman from Bank Muscat, and the Azimut Group, signed an exclusive partnership to promote…
Iran lawmakers want central banker fired amid rial chaos
Half of Iran’s lawmakers have written to President Hassan Rouhani demanding the removal of the central bank chief, accusing him…
DIFC targets new wealth products and SE Asia in global initiative
The Dubai International Financial Centre has a new strategic initiative with plans to attract more global financial services business –…
K165m budget approved for Gulf
This include airstrips and feeder roads in districts and LLGs. Gulf Governor Chris Haiveta said the budget yesterday is…
Aldar, FAB sign escrow agreement for Alghadeer
Abu Dhabi-based Aldar Properties signed an escrow agreement with First Abu Dhabi Bank to enable to provide services for buyers…
The Higher Sharia Authority held Its second meeting
The Higher Sharia Authority for financial and banking activities in the UAE held its second meeting for the year 2018…
First Saudi Arabian-linked banks join al-Gosaibi debt settlement plan
Two Saudi Arabian-linked banks have become the first lenders with ties to the kingdom to sign a debt settlement plan…
Japan’s Mizuho pulled out of Qatar bond amid Gulf dispute
Japan’s Mizuho Securities withdrew from its role as a bookrunner for a US dollar-denominated bond issued by Qatar last week,…