Iran steadily reaches its goal of luring foreign investment
It appears that Iran is steadily fulfilling its ambitious goal to lure foreign funds despite the US President Donald Trump’s…
Regulation, Risk & Compliance
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Qatar is devising comprehensive regulatory framework for NBFCs
Qatar is all set to create a strategic plan and comprehensive regulatory framework for non-bank financial companies , which have…
Huge potential for Islamic banking in Egypt; lack of political will stymies growth
Egypt’s Islamic bank profits are up, structural reforms are accelerating an economic rebound and banking penetration among ordinary Egyptians remains…
Residents think before spending after VAT imposed in UAE
Many people Khaleej Times spoke to are now thinking twice about making a new purchase as they try to stick…
Italy and Iran to sign $5.97bln investment agreement- Treasury source
Italy and Iran will on Thursday sign a framework credit agreement worth 5.0 billion euros whereby Rome will help Italian…
Central Bank of Bahrain Approves Ithmaar’s Dubai Listing
The CBB’s approval follows an earlier announcement that the United Arab Emirate’s Securities and Commodities Authority had approved the listing.…
Banks in Lebanon warn of double taxation consequences
Bankers said Tuesday they would be obliged to raise interest rates on lending and reduce rates on customer deposits if…
Emirates to Seek $1 Billion Sukuk to Diversify Funding
Emirates, the world’s largest airline by international passengers, is talking to banks about raising as much as $1 billion through…
Abu Dhabi Commercial Bank issues $540 million Formosa bond -sources
ADCB has been among the most active Gulf banks in the Formosa market in the past year or so. …
Qatar needs to develop regulatory framework to cement Islamic finance lead: QFC
Qatar needs to reform interbank liquidity management to study leakages from Islamic banks through interbank finance as part of a…
Central Bank of Bahrain grants licence to UK financial services firm
UK-based Nomura International has got a representative office licence to operate in Bahrain, by the Central Bank of Bahrain. From…
Dubai's DFM reveals list of securities in short selling push
Dubai Financial Market on Tuesday announced the list of securities eligible for trading as part of the regulated short selling…