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…
Regulation, Risk & Compliance
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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,…
Saudi central bank bans MedGulf from issuing new insurance contracts
Saudi Arabia’s central bank on Monday barred Mediterranean and Gulf Cooperative Insurance and Reinsurance Co. (MedGulf) from issuing new insurance…
Stronger than ever ties
A number of high-level engagements between India and ?the UAE have contributed immensely to bilateral relations. Navdeep Suri, Ambassador of…
HSBC sidesteps high-profile Qatar deals in Gulf gauntlet
A boycott of Qatar by its neighbors has prompted HSBC to turn down a leading role on Doha’s new dollar…
Bank of China looks to finance infrastructure projects in Turkey
The Bank of China, the largest Chinese financial provider of the Belt and Road initiative, aims to support Turkey's stronger…
QCB affirms importance of financial inclusion
Qatar Central Bank Governor HE Sheikh Abdulla bin Saoud Al Thani has reaffirmed the State of Qatar’s commitment to financial…