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…
Regulation, Risk & Compliance
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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…
The Arab Monetary Fund publishes "Central Bank Background Papers on Monetary Policy Frameworks in the Arab Countries"
The Arab Monetary Fund publishes “Central Bank Background Papers on Monetary Policy Frameworks in the Arab Countries”. Papers collected in…
Saudi Arabia to Join FTSE Emerging Market index
The Saudi Arabian stock market will join FTSE Russell’s emerging market index starting in March 2019, the company said on…
Jersey and Abu Dhabi sign financial collaboration agreement
Abu Dhabi Global Market and Jersey Financial Services Commission are pleased to announce a collaboration agreement to disseminate trends on…