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. …
Regulation, Risk & Compliance
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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…
Businessman Saiful evading ACC summonses for quizzing in AB Bank money-laundering probe
Saiful is also a director of Sky Aviation Services, an agent of FlyDubai GSA Bangladesh. A former director of Standard…
Local fintech to tap Bahrain’s bitcoin exchange
Bitcoin technology provider, Belfrics Global has received the Sandbox license from the Central Bank of Bahrain to launch a crypto…
UAE central bank says enough coins in circulation amid overcharging concerns
The UAE’s Central Bank has said the country has sufficient small coins in circulation following concerns consumers were being overcharged…
Emirates NBD to provide clearing services for Index Securities
Emirates NBD has announced it will provide clearing services to UAE brokerage firm Index Securities. The bank is the…
Abu Dhabi and Bahrain pursue fintech co-operation deal
Abu Dhabi Global Market, the International Financial Centre in Abu Dhabi, and the Bahrain Economic Development Board have entered into…
Bahrain-Turkey banking ties highlighted
Bahrain Association of Banks has organised a business visit to the Banks Association of Turkey to activate the memorandum of…
Investment trends that will affect the Middle East in 2018
As 2018 starts, investors are preparing for an uncertain year. While the global economy is growing at its fastest…
Bahrain-Turkey banking ties highlighted
Bahrain Association of Banks has organised a business visit to the Banks Association of Turkey to activate the memorandum of…