Mohammed Bin Rashid Innovation Fund Announces First Disbursement
The Mohammed Bin Rashid Innovation Fund, a AED 2 billion, US$549 million UAE federal government initiative led by the Ministry…
Regulation, Risk & Compliance
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Al Ahli Bank of Kuwait-Egypt, EFG Hermes Financial Leasing Sign Cooperation Protocol To Support SMEs
Al Ahli Bank of Kuwait-Egypt signed a cooperation protocol with EFG Hermes Financial Leasing to support small and medium enterprises,…
Jordan's Arab Bank says Q3 net profit falls 3.9% as net income interest declines
Arab Bank, the biggest publicly traded bank in Jordan, said its third-quarter profit fell 3.9 per cent, weighed down by…
Bankers steer Qatar towards open-door policy
Bankers are advising Qatar to invite a broad church of banks into any potential bond sale to smother fears of…
UAE Central Bank Governor: Bitcoin 'Easily Used' for Money Laundering
The head of the central bank of the United Arab Emirates is striking a critical tone toward bitcoin. Emirates…
Dubai Financial Services Authority To Co-Host 2nd Annual FinTech
The Dubai Financial Services Authority is delighted to co-host the 2nd Annual FinTech Summit with Naseba a business facilitation company…
Luxembourg's space race heads to Middle East
Luxembourg's race to conquer the stars took a surprising pit stop this month: in the Middle East. The space…
Saudi CMA updates M&A regulations
The Saudi Capital Market Authority’s Board of Commissioners has issued its resolution to adopt the updated Merger and Acquisition Regulations,…
DIFC to focus on expanding talent pool
Dubai International Centre, which has been recently ranked among the top ten global financial centres by The Banker, will continue…
IFSB and IILM sign MOU
The Islamic Financial Services Board, represented by Mr. Zahid ur Rehman Khokher, Acting Secretary-General and International Islamic Liquidity Management Corporation,…
Momentum momentum
Equity markets likely to maintain their momentum in the absence of materially higher rates Central banks are withdrawing QE but…
Bank Leumi Collaborates with Temenos and VMware
Temeno and VMware have announced a collaboration with Bank Leumi to create an advanced digital banking platform for banks. …