Nasdaq Dubai welcomes listing of $1.25bln Sukuk by Islamic Development Bank
Nasdaq Dubai has welcomed the listing of a US$1.25 billion Sukuk issued by the Islamic Development Bank, IDB. The…
Regulation, Risk & Compliance
8953 articles found
Calypso lands IT overhaul deal with Invest AD
Abu Dhabi Investment Company (Invest AD) is implementing new treasury and asset management software from Calypso, front-to-back office. This…
Banking sector weaker than before global financial crisis
The banking sector is still vulnerable despite new measures to make it more resilient following the 2007-08 global financial crisis.…
Bahrain “Open to Bitcoin” and Blockchain
Bahrain is closely looking at digital currencies. According to Khalid Al Rumaihi, the chief executive of the Economic Development…
Turkish Ministry of Finance Announces New Tax Rate Increases – Esin Attorney Partnership
Naci Ağbal, the Ministry of Finance, has announced the following tax increases during the Medium Term Program meeting (2018-2020): …
Creditors tell High Court that Dana Gas sukuk get-out is "absurd"
A claim by Dana Gas that it does not have to pay back its Islamic bonds because they are no…
Dubai signs deal to create digital currency emCash
A partnership has been set up to develop and implement emCash, an encrypted digital currency, which people can use to…
Emirates NBD calls on central bank to ease restrictions on mortgage lending
Emirates NBD, Dubai’s largest bank by assets, wants the UAE Central Bank to ease restrictions on mortgage loans by separating…
Central Bank says money supply drops 1.5% in July
The Central Bank of Kuwait said yesterday that the money supply (M2) in July was KD 35.9 billion (about $117…
Saudi central bank suspends three currency exchange houses
Saudi Arabia's central bank said on Monday it had suspended three currency exchange houses - Halawani Bros, Al Amoudi and…
Saudi Arabia hires banks for third international bond
Saudi Arabia has hired banks to arrange a global investor call ahead of a potential international bond issuance, as the…
CBQ to raise funds from Asian market
Qatar’s third-largest lender, Commercial Bank of Qatar (CBQ), is considering borrowing money on the Taiwanese bond market, its group chief…