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…
Regulation, Risk & Compliance
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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…
Kuwait government agrees with proposal to tax expats’ remittances
Official sources said the government agrees with a proposal to tax remittances made by expatriates and denied that the Central…
Abu Dhabi, Greek funds agree new $350m investment platform
Greece’s New Economy Development Fund (Taneo) has signed a memorandum of understanding with Abu Dhabi's Mubadala Investment Company to create…
Mawarid Exchange signs Memorandum of Understanding With YES BANK
Mawarid Exchange has recently signed a Memorandum of Understanding with YES BANK one of the top banks in India. …
Bahrain markets sukuk, not proceeding with conventional bond
Bahrain is marketing an international issue of US dollar-denominated Islamic bonds but is not proceeding with a proposed conventional bond…
Turkey: Proposed Amendments To Automatic Enrolment In Private Pension Plans System
Automatic enrolment in private pension plans system for employees was introduced to Turkish law with the Amendment Act published on…