President ratifies international agreements
President His Highness Shaikh Khalifa Bin Zayed Al Nahyan has issued Federal Decrees ratifying a number of bilateral agreements between…
Regulation, Risk & Compliance
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Equal pay cleared
The UAE Cabinet has approved the issuance of the Law on Equal Wages and Salaries for Men and Women to…
Dubai-based Abraaj hires Houlihan Lokey for health fund advice after dispute
Dubai-based private equity firm Abraaj has hired U.S. investment bank Houlihan Lokey to help it try to stem the fallout…
Mubadala to Hire Rothschild for Cepsa Stake Deal
Abu Dhabi’s financial holding company Mubadala Investment Co. is close to hiring Rothschild & Co. to help divest a stake…
Prime minister promotes St. Kitts-Nevis’ CBI Programme in Middle East
St. Kitts and Nevis’ prime minister, the Honourable Dr. Timothy Harris, is leading a high-level delegation on a tour to…
Turkcell’s Eurobond Attracts Strong Demand from Global Investors
Global investor confidence in Turkcell was clearly indicated by the two times oversubscription on the 10-year Eurobond issued by the…
Bahrain to host 2018 ME Asset Management Forum
The Central Bank of Bahrain (CBB) announced that the third edition of the Middle East Asset Management Forum (MEAMF2018) will…
Canara Bank to shut three branches in Leicester, Bahrain and Shanghai
Canara Bank will close its three foreign branches — Leicester (UK), Bahrain, and Shanghai — and sell its 50 per…
Bank of India gets UAE central bank’s approval to close Dubai branch
Bank of India on Monday said the Central Bank of the UAE has allowed it to close its Dubai representative…
Trading Blows by Gary Dugan
A multi-polar global economy and political populism explains trade wars The US President embraces populism and is not keen…
Beirut: Arab Banks Mobilize Efforts Against Money Laundering
Lebanon enjoys security and financial stability, said Lebanese Interior Minister Nouhad Machnouk during the inauguration of anti-money laundering forum organized…
Oman central bank eases capital, lending curbs in bid to spur growth
Oman’s central bank announced on Tuesday its biggest package of regulatory reforms for commercial banks in years, relaxing capital and…