Kuwait cbank gov to helm IFSB chairmanship – Bangladesh's Kabir appointed as deputy
The Council of the Islamic Financial Services Board today resolved to appoint its Chairman and Deputy Chairman for the year…
Regulation, Risk & Compliance
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IranianRe Negotiating With Global Reinsurers
Iranian Reinsurance Company affiliated to Bank Pasargad, has linked up with a number of major international reinsurance companies for establishing…
Bahrain issues ETFs regulations
The Central Bank of Bahrain has released directives for both offshore and locally domiciled Exchange-Traded Funds, as part of the…
GFH plans to develop ‘one of the key land banks in the region’
GFH Financial Group, the Bahraini Sharia-compliant investment house, is drawing up a development strategy for a 25 million square metre…
A complete guide to the most sensational Saudi princes
With fabulous wealth, frequent public sword displays and a rigid top-down power structure, it’s no wonder that Saudi Arabia draws…
UAE questions US omission from tax haven blacklist
On 5 December, EU finance ministers published a tax haven blacklist of 17 jurisdictions plus an additional grey list naming…
Qatari-French ties marked by continuous co-operation
Qatari-French relations have always been characterised by strength and excellence, as recent years have witnessed a remarkable development in the…
DFSA signs FinTech agreements with Hong Kong authorities
The Dubai Financial Services Authority (DFSA) deepened ties with regulators in Hong Kong today signing two cooperation agreements to enhance…
Bahrain to launch compulsory risk regime for Islamic banks
Bahrain’s central bank is drawing up tight new requirements for Islamic banks to measure and report their exposure to financial…
First tax havens blacklist published by EU
The European Union has published its first blacklist of tax havens, naming 17 territories including Saint Lucia, Barbados and South…
Bank Sohar signs agreement with Vision Insurance
As part of its consistent efforts to provide a diverse bundle of products and services to customers across the Sultanate,…
UAE Central Bank's foreign assets up 54.7pc to $62bn
Current account balances and deposits of the UAE Central Bank with banks abroad rose 54.7 per cent or Dh80.8 billion…