Ankara rebuffs claims Halkbank to be replaced
A top Turkish official has rebuffed claims that the functions of Turkey’s Halkbank would be transferred to another state-owned bank,…
Regulation, Risk & Compliance
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CBO To Issue OMR150M In Bonds Next Month
Oman’s central bank plans to raise OMR150 million by issuing government development bonds in December, which will take the total…
Iran Banking Issues With China, UAE Resolved
A senior Iranian official announced that there are no significant banking issues with China and the UAE, as hurdles with…
UAE MoF Organises A Workshop Titled ‘Practical Application For The Avoidance Of Double Taxation Agreements’
The Ministry of Finance, organised a workshop titled ‘Practical Application for the Avoidance of Double Taxation Agreements’, in cooperation with…
CBB issues directives for B-REITs
The Central Bank of Bahrain has released directives related to Bahrain Domiciled Real Estate Investment Trusts, as part of the…
UAE Banks Federation Reveals New Brand Identity
Reinforcing its pivotal role in driving the continuous growth and development of the country’s banking sector, the UAE Banks Federation,…
Saudi central bank says no big money outflow due to graft crackdown
There has been no big outflow of money from Saudi Arabia as a result of the anti-corruption crackdown that was…
Egypt's central bank holds interest rates as expected
Egypt’s central bank kept interest rates unchanged as expected on Thursday, concluding that further declines in inflation were needed to…
Doha Bank signs agreement for e-Remittance service to Nepal
Doha Bank has signed an agreement with Citizens Bank International, one of leading commercial bank in Nepal, for e-Remittance services.…
Kuwait Could Create Financial Stability Committee – IMF
The International Monetary Fund has recommended the Central Bank of Kuwait create a financial stability committee as part of its…
Turkish regulator asks Hariri-linked firm’s creditors to not classify debt as non-performing
Turkey’s banking regulator has assured creditors of Oger Telecom, which is the main shareholder in Türk Telekom, that a $4.75…
Trading accounts frozen in ongoing Saudi round-up
Trading accounts of Saudis accused of corruption have been frozen, according to a news report, as fears grow among the…