Saudi central bank paints rosy picture of economy
Top Saudi central bank officials painted a highly positive picture of the economy at a rare news conference on Wednesday,…
Regulation, Risk & Compliance
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Globaleye exits Qatar
International financial advisory firm Globaleye has ceased operations in Qatar due to the “ongoing geo-political situation”, the company has told…
DFSA Censures Finance Officer
The Dubai Financial Services Authority has censured Mr Prabhakar Kamath, a former Finance Officer of a DFSA Authorised Firm for…
Government has enough reserves to support Qatari banks: Qatar central bank
Qatar’s government has enough reserves to support its banks in the face of sanctions imposed by other Arab states and…
Half of Iran's banks should close or merge, top banker says
The number of banks in Iran should at least halve over the next six years, with closures and mergers needed…
Middle Eastern banks tap international loan market for first time
Middle Eastern banks are diversifying their funding portfolios by entering the international syndicated loan market for the first time. …
Saudi market regulator loosens asset management rules
Saudi Arabia’s markets regulator loosened its rules for licensing asset management and other investment firms on Sunday, according to a…
Falcon Group: Strategic repositioning centred around new digital capabilities
Falcon Group introduces a strategic repositioning, along with a new brand appearance that marks the strong commitment to a digitally…
Baker McKenzie Habib Al Mulla boosts Banking & Finance capability in the UAE
Matthew Shanahan joins from Clifford Chance, where he headed up their Middle East Financial Services and Regulatory practise. With…
EIBank chief executive says investors should put aside cash amid high global market valuations
Emirates Investment Bank, the Dubai private bank also known as EIBank, is advising its clients to put more money aside…
UAE banks’ credit, deposit growth dips in August
Monetary data form the Central Bank of UAE for August showed a monthly drop in system-wide credit and deposits in…
FM Zarif hails Iran’s banking ties with Oman
Iranian Foreign Minister Mohammad Javad Zarif who is visiting Omani capital city of Muscat told the media, before his meeting…