Gulf finance institutions' interest in Turkish banking sector continues
Gulf investors' interest in Turkish banks has come to the fore once again following an announcement on Tuesday by Sberbank,…
Regulation, Risk & Compliance
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UAE’s Federal National Council approves draft finance leasing law
The UAE’s Federal National Council On Tuesday approved a draft law regulating finance leasing. The new law makes it…
Breakthrough in Removing Iran-China Banking Hurdles
After weeks of speculation about the banking problems of Iranian students and businesses in China, which ranged from difficulties in…
Saudi Arabia’s corruption crackdown risks scaring off investors
Mohammed bin Salman, the crown prince and de facto ruler of Saudi Arabia, electrified his country, the Middle East and…
DFSA Publishes Findings of Client Classification and Suitability Review
The Dubai Financial Services Authority today published the findings of a thematic review of client classification and suitability practices at…
NBK Capital Partners exits $157m private debt fund
NBK Capital Partners, a unit of Kuwait's largest lender National Bank of Kuwait that advises on flexible capital to Mena…
Monetary deposits spur money supply
Driven by a rise in monetary deposits, money supply aggregates in the UAE under two key classifications (M1 and M2)…
Arcapita appointed as adviser for HSBC Saudi Arabia’s US$150 million GCC fund
Bahrain-based alternative manager Arcapita has been appointed as adviser for HSBC Saudi Arabia’s US$150 million Gulf Cooperation Council investment fund,…
Bank of Jordan enters Bahrain
Bank of Jordan has been granted a licence to operate in the Kingdom as a wholesale bank, said the Central…
Dubai-based crypto exchange opens for new GCC, UAE registrations for one day
BitOasis, a digital asset wallet and exchange platform for cryptocurrency, has enabled submissions of new account verifications for one day…
Flotation had positive results on Egypt’s economy: CI Capital
The decision to float the Egyptian pound in November 2016 had a clear impact in increasing the gross domestic product …
Report: Saudi Prince Alwaleed relinquished most of his wealth for freedom
Renowned Saudi billionaire Prince Alwaleed Bin Talal gave up most of his fortune, including his shares in Saudi Kingdom Holding,…