Regulation, Risk & Compliance Archives - Page 516 of 747

Takaful Emarat agrees to buy Al Hilal Takaful to form the UAE's largest Islamic insurer

December 19, 2017

Sharia-compliant health and life insurer Takaful Emarat has acquired Abu Dhabi-headquartered Al Hilal Bank's Islamic insurance entity to create the…

Executive Moves

National Bank of Kuwait eyes Saudi expansion

December 19, 2017

National Bank of Kuwait is to hire hundreds of new staff and open branches in Saudi Arabia and Egypt. …

Regulation, Risk & Compliance

No VAT on expat remittances in Saudi Arabia, say bankers

December 18, 2017

Senior bankers clarified on Sunday that money sent home by expatriate workers will not be taxed under the value-added tax…

Comment & Analysis

Emirates Development Bank adopts SME Finance Strategy

December 18, 2017

During the meeting, the minutes and resolutions of the sixth board meeting for the year 2016, held on 15 November…

Hedge Funds & Alternative Investments

Dubai Financial Market launches short selling

December 18, 2017

Dubai Financial Market has launched a regulated short selling service after it was given approval by the Securities and Commodities…

Investment Banking

Barclays in Talks With SFO on Qatar-Probe Deal

December 18, 2017

Barclays Plc is in talks with the U.K. Serious Fraud Office over a possible deal to avoid new charges against…

Hedge Funds & Alternative Investments

Egypt seeks proposals for dollar bond issues — banking sources

December 17, 2017

Egypt has asked banks for proposals to arrange US dollar-denominated Eurobonds, banking sources said. The request was made last…

Legal

Palestinian billionaire Masri released from Saudi detention

December 17, 2017

Sabih al Masri, a Palestinian billionaire and Jordan’s most influential businessman, was released after several days of detention in Saudi…

Regulation, Risk & Compliance

UAE banks refuse to accept coins for deposit or exchange

December 17, 2017

Commercial banks in the UAE refuse to exchange coins with banks notes or vice-versa and also don't accept coins from…

Comment & Analysis

Why do UAE and Saudi Arabia want to use blockchain?

December 16, 2017

Last week, the UAE’s central bank announced it was working on a joint cryptocurrency, based on blockchain, with its counterpart…

FinTech

Central Bank of Bahrain endorses launch of Bahrain FinTech Bay

December 14, 2017

The Central Bank of Bahrain has announced a partnership yesterday officially endorsing the launch of Bahrain FinTech Bay and its…

Financial Results

KPMG revenues grow strongly to record $26.4 billion

December 14, 2017

Growth driven by client-focused investments in technology, innovative services, alliances and hiring Record high revenues for Fiscal Year (FY)…

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