Saudi Arabia, Allies Snub Qatar At Crisis-Hit Gulf Summit
Gulf powerhouse Saudi Arabia snubbed its former regional ally Qatar at the annual summit Tuesday of regional monarchies as King…
Regulation, Risk & Compliance
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Egypt repays $4bln of debt to African Export-Import Bank
Egypt has paid back a total of $4 billion of its debts to the African Export-Import Bank, the central bank…
Saudi Stock Exchange Signs Post-Trade Technology Transformation Agreement With Nasdaq
The Saudi Stock Exchange (Tadawul) and Nasdaq have officially signed an agreement to transform Tadawul’s post-trade technology infrastructure, which includes…
Fixed Income Funds Hold Key To Debt Market Growth
Securities and EXCHANGE Organization’s attempts to regulate fixedincome funds have so far proved fruitless and consequently prevented the debt…
Abu Dhabi Sovereign Wealth Fund Picks Up Stake In KKR India NBFC
Private equity firm KKR said on Monday Abu Dhabi Investment Authority has bought a stake in KKR India Financial Services…
CBB Issues Wholesale Banking License To Branch
The Central Bank of Bahrain announced that it has issued a license to Mashreqbank PSC to open a wholesale bank…
CBE to receive EALB development plan by early 2018: EALB chairperson
The board of directors of the Egyptian Arab Land Bank will be presenting its development plan to the Central Bank…
Bahrain’s economy continued to outperform expectations in 2017
The Central Bank of Bahrain (CBB) yesterday affirmed that the economic situation in Bahrain remains robust supported by strong banking…
Mideast funds positive on Saudi Arabia after corruption crackdown
Middle East fund managers have become more positive toward Saudi Arabian equities after authorities launched a sweeping crackdown on corruption,…
Qatar banks post more than 17% jump in deposit mobilisation to QR794.28bn
Faster expansion in domestic deposits largely mitigated the weakening overseas inflows, helping Doha's banking sector register a healthy more than…
Australia extends fintech focus with cooperation agreements and a fintech bridge
ASIC has signed a cooperation agreement with the Swiss Financial Markets Authority and with the Dubai Financial Services Authority and…
UK Lebanon Tech Hub Receives Long Term Backing from Banque du Liban and British Government Following “Exceptional” Early Stage Results
The UK Lebanon Tech Hub (UKLTH), a joint initiative by Banque du Liban (Lebanon’s Central Bank) and the British Embassy…