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.…
Regulation, Risk & Compliance
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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…
Qatar, Ethiopia sign accords to cement bilateral relations
Qatar and Ethiopia yesterday signed three agreements with a view to further strengthening bilateral relations following a session of official…
EBRD signs $75mln SME loan deal with Egypt's oldest bank
Egypt’s oldest bank Banque Misr has signed Tuesday a $75 million loan agreement with the European Bank for Reconstruction and…
Turning Lebanon into another failed state
In the 1960s and early 1970s, Lebanon was called “Switzerland of the East”, which carried economic, political and cultural significance. …
Saudi Expat Exodus Continues With More Than 300,000 Leaving The Kingdom
Hundreds of thousands of expats have left Saudi Arabia since the start of the year, with more than a thousand…
Qatar Expands Its Capacity To Fight International Offshore Tax Avoidance And Evasion
Today, at the OECD Headquarters in Paris, His Excellency Khalid Bin Rashid Al-Mansouri, Ambassador of the State of Qatar to…
Here is how Oman and Ireland are upgrading trade and technology ties
Oman Technology Fund on Tuesday signed three agreements with Irish companies in the field of technology and support for emerging…
UPDATE 1-Iraqi Central Bank Eases Restriction On Private Banks In Kurdish Region
Iraq’s central bank has eased restrictions on private banks in its Kurdistan region, telling them they could keep branches there…
CBK Policies Helped Banks In Crisis After Oil Prices Fall – ‘Mergers To Create Instability’
Several experts in economy affirmed that Kuwaiti banks escaped the major crises that hit the global financial system in previous…