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…
Regulation, Risk & Compliance
8953 articles found
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,…
GCC banks improve profits on lower costs and provisions
The full-year earnings of GCC banks point to improved profits, lower costs and substantial reduction in cost of risks positively…
ADIA plans to expand India presence, hire country head
Abu Dhabi Investment Authority, the world’s second largest sovereign wealth fund, is set to expand its India presence by hiring…
Japan bank: Saudi purge is driving away investors
Saudi Arabia has been warned that uncertainty over its “anti-corruption clampdown” may drive away foreign investors. Speaking in Dubai,…