Qatar Central Bank says reserves ‘more than enough’ to cope with blockade
The Governor of the Central Bank of Qatar, Sheikh Abdulla Bin Saoud Al-Thani, has said that the bank’s reserves and…
Regulation, Risk & Compliance
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Qatar's market manipulation fears fueled by 'abnormal' derivative moves: bank CEO
Qatar’s top bank QNB is helping the country’s authorities with data and expertise to probe if Qatar’s neighbors manipulated its…
Tajikistan sees Kuwait as gateway to Arab world: minister
Kuwait acts as Tajikistan's gateway to the Arab region and its key partner in the Middle East region, Nizomiddin Zohidi,…
Emirates Islamic offers personal finance up to 20 times customers' monthly salary
Emirates Islamic has announced that customers can avail personal finance up to 20 times their salary during a special promotion…
Pak-Iran rice trade via Dubai continues despite PTA
The Pakistan and Iran bilateral trade can reach the level of $10 billion mark within very short period from the…
Kuwaiti Parliament considers bill to tax remittances
Kuwait's top lawmakers proposed a new legislation to impose a fee on foreign remittances, despite being warned by the government…
Qatar central bank to issue about as much riyal debt in 2018 as in 2017
Qatar's central bank plans to issue roughly the same amount of riyal debt in 2018 as it did in 2017,…
Oman central bank eases capital, lending curbs in effort to boost growth
Oman's central bank said on Tuesday it was cutting the capital adequacy ratio for commercial banks and taking other steps…
Qatar central bank backs three-way Islamic bank merger
Qatar's central bank hopes a planned merger between three local Islamic banks can proceed this year, its governor said on…
Emirates Development Bank Launches Emirates Movable Collateral Registry Corporation EMCR
Emirates Development Bank launched the Emirates Movable Collateral Registry Corporation, a pioneering registry system aimed at helping secure creditors' rights…
QCB backs 3-way merger of Qatar Islamic banks
The Qatar Central Bank hopes a planned merger between three local Islamic banks can proceed this year, HE the QCB…
UAE banks may hike fees to offset additional VAT costs
As banks in the UAE grapple with the new value-added tax regime and the high compliance costs associated with mandatory…