Bank of Khartoum turns to Path Solutions core banking system for UAE move
Bank of Khartoum is implementing Path Solutions’ iMAL Islamic core banking system for its new branch in the United Arab…
Regulation, Risk & Compliance
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Dubai Islamic Bank: Shari’ah-compliant DNA
Dubai Islamic Bank is the longest-established modern Islamic bank. It is also one of the leading financial institutions in the…
Bahrain introduces mandatory IESCA
In a major attempt to establish industry leading Sharia governance principles and practices in Bahrain, the Central Bank of Bahrain…
Bell Pottinger's Middle East arm to split from London parent
The Middle East arm of public relations firm Bell Pottinger is in talks to separate from its British parent that…
Duqm authority woos Chinese investors to free trade zone
A promotional campaign for attracting investment from Chinese investors to the Duqm special economic zone was conducted in Dalian province…
7.5% average annual growth for Bahrain's non-oil sector since EDB's inception in 2001
His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince, Deputy Supreme Commander and Chairman of the Bahrain…
Zammit joins Dubai Culture's team of experts
Dubai Culture & Arts Authority has announced the appointment of Cyril Zammit as expert to the Office of the vice…
U.S. charges ex-Turkey minister with sanctions evasion
U.S. prosecutors have charged a former Turkish economy minister and the ex-head of a state-owned bank with conspiring to violate…
Apex Fund Services secures ADGM licence
Apex Fund Services receives official approval and licensing from the Financial Services Regulatory Authority of Abu Dhabi Global Market. …
UAE’s tax authority prepares for excise tax, VAT implementation
The board of the UAE’s Federal Tax Authority has finalised plans for the introduction of excise tax next month and…
Advisers in UAE face tougher environment for financial planning
Sean Kelleher, chief executive of Mondial and Expat Cover, two businesses with both insurance and investment licenses, said new regulations…
Turkish banks’ first-half net profit rises
Net profit for Turkish banks rose 27.5 percent in the same period of January to July from a year ago,…