Abu Dhabi Executive Council restructured
President His Highness Shaikh Khalifa Bin Zayed Al Nahyan, in his capacity as Ruler of Abu Dhabi, issued an Emiri…
Regulation, Risk & Compliance
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Alwaleed to buy Credit Agricole's $1.5bn Banque Saudi Fransi stake
Saudi billionaire Prince Alwaleed bin Talal will buy about half of Credit Agricole SA’s stake in Banque Saudi Fransi, in…
IFIC Announces New Chair and Board Appointments and Welcomes New Member and Affiliate
The board of directors of The Investment Funds Institute of Canada is pleased to announce that at its annual meeting…
Impact of evolving demographics on Kuwait banking
Marmore MENA Intelligence, a subsidiary of Kuwait Financial Centre “Markaz”, recently released a report titled ‘Demographics & Kuwait Banking’, analyzing…
Bahrain expected to offer premiums to issue multi-tranche bond
The government of Bahrain is expected to offer investors significant premiums over its outstanding debt when it issues bonds this…
DFSA and Malaysia’s Securities Commission sign FinTech Agreement
The Dubai Financial Services Authority and Securities Commission Malaysia last week entered into an agreement to cooperate in the development…
IFC committed $1.7 billion in MENA in fiscal year 2017
The International Finance Corporation, a member of the World Bank Group, focused on the private sector in emerging markets committed…
CMS Partners with Saudi Arabian Law Firm
CMS will partner with Feras Al Shawaf, a Saudi Arabian law firm based in Riyadh in an exclusive agreement. …
United Gulf Bank EGM to decide on a reorganisation proposal of the bank
Following a detailed internal review of UGB’s balance sheet structure, the Board of Director’s proposed for shareholders approvals to carve…
Can the banking sector achieve financial inclusion alone?
The Central Bank of Egypt will be organising the largest international conference on financial inclusion, between 13 and 15 September. …
TSYS Signs PRIME Agreement with Mashreq Bank in Dubai
TSYS has announced that it has signed a software licensing and services agreement with UAE leading financial institution, Mashreq Bank. …
CBB hosts SWIFT users security workshop
The workshop was held on 24 August in coordination with SWIFT Company and attended by more than 60 representatives from…