UAE: Emirati experts create AI-powered auditing platform
An artificial intelligence-powered platform, developed by Emirati experts will bolster the speed and accuracy of auditing process in the UAE.…
Regulation, Risk & Compliance
8954 articles found
New CBE regulations to facilitate credit card use for Egyptians traveling abroad
The Central Bank of Egypt has issued new regulatory instructions to simplify the use of credit cards for travel purposes.…
Kuwait Finance House – Bahrain signs MoU with ERA Real Estate for “Khudur Homes” residential project
Kuwait Finance House – Bahrain, one of the leading Islamic banks in the Kingdom, has announced its collaboration with ERA…
Saudi Central Bank SAMA, Monetary Authority of Singapore to Work on Fintech Initiatives
The Saudi Central Bank signed a cooperation agreement with the Monetary Authority of Singapore (MAS) in Riyadh, in the field…
Saudi CMA slaps $1.12mln fine on 2 Swiss firms over unlicensed dealings
Saudi Arabia’s Capital Market Authority has confirmed that two Swiss companies have been fined 4.2 million riyals ($1.12 million) for…
Saudi Arabia to introduce new facility management regulation in 2024
Saudi Arabia’s Real Estate General Authority will transform the housing sector by introducing its inaugural facility management regulation in the…
DFSA fines former CFO of listed REIT for being knowingly concerned in misleading statements and accounting breaches
The Dubai Financial Services Authority has published a Decision Notice imposing a penalty of USD 33,220 (AED 122,000) on Mr…
Egyptian banks suspend debit card use in foreign currency
At least two Egyptian banks have suspended the use of Egyptian pound debit cards outside the country to stop a…
UAE: ADGM fines money service provider for inadequate AML controls
The Financial Services Regulatory Authority of Abu Dhabi Global Market has imposed a financial penalty of US$486,000 (AED 1,784,835) on…
Saudi Top Trading obtains $6.66mln loan from Banque Saudi Fransi
Saudi Top Trading Company signed a financing agreement worth SAR 25 million with Banque Saudi Fransi on 28 September 2023,…
Central banks of UAE and Egypt agree currency swap
The central banks of the United Arab Emirates and Egypt have set up a currency swap line, they announced on…
UAE and Egypt central banks enter into currency swap agreement
The Central Bank of the United Arab Emirates and Central Bank of Egypt entered into a more than $1bn bilateral…