Saudi Arabia pumps $2 billion into Yemen’s central bank
Saudi Arabia will deposit $2 billion into Yemen's central bank in an effort to help the war-torn through an ongoing…
Regulation, Risk & Compliance
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Emirates NBD hires StanChart for potential Formosa bond- sources
Emirates NBD , Dubai's largest bank, has appointed Standard Chartered and other banks to lead a potential Formosa bond issue,…
UAE to be removed from EU blacklist of tax havens
The European Union will probably remove the UAE and South Korea from a blacklist of tax havens later this month,…
Holborn opens HK office following acquisition of Globaleye HK
Holborn Assets, the Dubai-based international financial advisory firm, has announced its acquisition of Globaleye Hong Kong as part of its…
Iran, Turkey's senior officials discuss banking ties
Senior officials from the Central Bank of Iran and Turkey met in Iran's capital Tehran to discuss new ways of…
Sagia grants 3 investment licences to Japanese firms
The Saudi Arabian General Investment Authority (Sagia) has granted three investment licenses for Japanese companies working in various economic sectors,…
Egyptian parliament approves limited cabinet reshuffle
Egypt's lawmakers approved on Sunday a limited cabinet reshuffle, with four new ministers named for the portfolios of local development,…
Abu Dhabi Financial Group moves headquarters to Abu Dhabi Global Market
Abu Dhabi Financial Group, an alternative investment company with around US$6 billion in assets, has set up new headquarters in…
Dubai Islamic Economy Development Centre to Enhance Cooperation in Islamic Economy With RIW Group
The Dubai Islamic Economy Development Centre today announced the signing of a memorandum of understanding with the Group of Strategic…
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…
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…