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…
Regulation, Risk & Compliance
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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…
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…
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…