Saudi Dar Al Arkan Real Estate hires banks ahead of 5-year dollar sukuk deal
Dar Al Arkan Real Estate Development Co has mandated banks to arrange fixed-income investor meetings from March 12 in Europe,…
Regulation, Risk & Compliance
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CISI leads with global “competitive edge” campaign to keep members at the top of their game
The Chartered Institute for Securities & Investment (CISI) has launched its first ever global brand marketing campaign, with the aim…
Central Bank of Bahrain launches secure network for retail banks
A secure private network connecting all retail banks in Bahrain with the Central Bank of Bahrain has been launched by…
Central bank of kuwait asks islamic banks to provide reports about shares plots houses
The Central Bank of Kuwait has asked Islamic banks to provide it with reports about the shares, plots and residential…
The EU removes another three countries from the blacklist of tax havens
The EU finance ministers plan to pull out Bahrain, the Marshall Islands and the Caribbean island country St Lucia from…
GCC’s first Shariah-compliant gold product launched
Leaving no stone unturned in the lead-up to the launch of its ambitious Shariah-compliant Spot Gold contract, the Dubai Gold…
Israel is ‘one of the world’s most generous tax havens,’ complains tax chief
Israel Tax Authority Director General Moshe Asher said that Israel in the last decade has become one of the world’s…
Former DIFC governor dies
Former governor of Dubai International Financial Centre and former vice chairman of Emirates NBD, Abdullah Mohammad Saleh, died on Monday…
Some banks in UAE ban online cryptocurrency trading
Banks in UAE have banned online trading transactions, involving cryptocurrencies. The money transfer and compliance departments have called for…
Chinese banking booms in Dubai’s financial free zone
China’s big four banks managed to increase their value of assets in the Middle East from 11 billion U.S. dollars…
OAB boosts operational efficiency with ‘Mirsal’
In line with its constant efforts to promote efficiency within the workplace in order to achieve higher levels of customer…
Hamdan orders no increase in Dubai government fees for the next three years
Dubai government fees will not be hiked over the next three years. The move is in line with the…