Dubai-based lender Mashreq in Qatar for long haul -CEO
Dubai-based bank Mashreq is in Qatar for the long haul, chief executive Abdulaziz al-Ghurair told reporters on Wednesday. He…
Regulation, Risk & Compliance
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Turkey, Islamic Development Bank sign $2.25B loan deal
With the ceremony held at the 33rd Ministerial Meeting of the Standing Committee for Economic and Commercial Cooperation of the…
UAE central bank: request on Saudi accounts was just information-gathering
A request by the United Arab Emirates central bank for local banks and finance companies to provide details of the…
Saudi wealth fund finalizes deal to take over unfinished Riyadh financial hub
Saudi Arabia’s sovereign wealth fund finalized a deal to take over the management of Riyadh’s $10 billion unfinished financial hub…
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,…
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…