Did tiny Mauritius teach how ‘donations’ from Saudi Arabia should be received?
A story that came out during the weekend on the website sundaytimesmauritius.com – which is a weekly newspaper in the…
Regulation, Risk & Compliance
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Qatar National Bank aims to refinance $3 bln loan by year-end –sources
Qatar National Bank, the largest Gulf Arab bank, has approached commercial banks for the refinancing of a $3 billion loan…
Emirates Islamic Bank ties up with wasl Asset Management Group to offer attractive home finance packages for wasl1 project
Emirates Islamic has announced that it has tied up with wasl Asset Management Group to offer attractive home finance facilities…
Average yields fall on Egypt's three and nine-month T-bills
Average yields on Egypt's three and nine-month treasury bills fell at an auction on Sunday, central bank data showed. …
Doha freezes bank accounts over row
A controversial member of Qatar’s royal family yesterday said that Qatari authorities have frozen his bank accounts over his role…
QIIB seeks global partnerships
QIIB is seeking new partnerships with international financial and banking institutions as the bank’s leadership met top executives on the…
UAE all set to meet Basel III capital rules
UAE banks are all set to achieve a minimum common equity Tier-1 capital (CET 1) ratio of 12 per cent…
Tax accountant salaries surge as Gulf VAT-day approaches
The introduction of VAT in the Gulf is stoking salaries for tax specialists across the region, according to recruitment firms.…
Dubai Economy, VFS extend e-services pact
Dubai Economy has signed an agreement with VFS Global, a world-leading visa processing and identity services specialist, to extend varied…
UK watchdog says sovereign listing plan in line with government policy
The Financial Conduct Authority said its proposals for listing state-controlled companies such as Saudi Aramco were in line with Britain’s…
Saudi women may be allowed to work in traffic directorates
Saudi women could soon be allowed to work in traffic directorates, according to Okaz newspaper. A committee set up…
Saudi Arabia preparing tougher rules for insurers
Saudi Arabia's central bank is preparing tougher rules for insurance companies as part of a drive to create a smaller…