Saudi Central Bank to Test Ripple Payments Tech
Distributed ledger startup Ripple has struck a deal with Saudi Arabia's central bank on a pilot program that will see…
Regulation, Risk & Compliance
8932 articles found
Singapore, Egypt sign fintech cooperation pact
The central banks of Singapore and Egypt have signed a cooperation agreement on Fintech. Under the agreement, the Monetary…
Iran holds 100 traders and freezes accounts in dollar crackdown
Iranian authorities have detained almost 100 currency traders and frozen bank accounts reportedly worth 200tn rials ($5.3bn) in the biggest…
Insurance unit of Warren Buffett's Berkshire Hathaway opens Dubai office
An insurance subsidiary of Warren Buffett's Berkshire Hathaway said on Monday it had established an office in the Dubai International…
Global supports Yargıcı in franchising its lifestyle retail brand into Saudi Arabia and Kuwait
Global Investment House has announced that Yargıcı Konfeksiyon Ihracat ve Ticaret A.Ş. , has recently signed master franchise agreements with…
UAE banks eye end to $22 billion Saudi debt saga
Banks in the United Arab Emirates are hopeful of recovering some funds in 2018 from the multibillion-dollar collapse of Saudi…
Abu Dhabi financial regulator may create framework for virtual currencies
The regulator of Abu Dhabi’s international financial centre said it could create rules for exchanges handling virtual currencies, in a…
Kuwait hires TICG to advise on bourse listing – regulator
Kuwait has hired Tri International Consulting Group to advise on the initial public offer of shares in the operator of…
End reliance on public jobs, IMF tells Middle East countries
Middle East countries must equip their youth with skills for the private-sector workplace to help curb dependence on government employment,…
Saudi Ritz Reopens After Stint as Gilded Prison of Princes
Riyadh's Ritz-Carlton Hotel reopened on Sunday, more than three months after it was converted into a gilded prison for members…
DFSA Signs MoU with Central Bank of Oman
The Dubai Financial Services Authority and the Central Bank of Oman signed a Memorandum of Understanding (MoU) to cooperate in…
Touting 'transformation', French PM seeks investment in Dubai
France's Prime Minister Edouard Philippe promised lower taxes and a business-friendly France at a global summit in Dubai on Sunday,…