Oman replaces long-serving executive president of central bank
Oman is replacing the executive president of its central bank after he held the post for 26 years, the official…
Regulation, Risk & Compliance
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Isle of Man firm to launch $325mln Dubai property priced in bitcoin
The Knox Group of Companies, with headquarters in the Isle of Man, announced late on Tuesday it will launch a…
DGCX sees surge in Euro and Rupee contract trades in August
The Dubai Gold and Commodities Exchange said that trading volumes in Euro futures rose to their highest monthly level in…
Diezani, ex-minister, son, others top Dubai assets list
Barely two weeks after the signing of six agreements with the United Arab Emirates, the Federal Government has initiated moves…
Why Green Sukuk Could be a Growth Driver for Islamic Finance
Created to fund projects with positive environmental benefits, green bonds have become rapidly popular in Europe and Asia while gaining…
BPL Global opens for business in Dubai
BPL Global, the leading specialist credit and political risk insurance (CPRI) broker, has been granted a brokerage license by the…
UAE to maintain interest rates 'until 2018' – report
The UAE is not expected to hike interest rates until 2018, according to a report by BMI Research. The…
VAT could emerge a cost centre for banks irrespective of rates
Implementation of Value Added Tax in the UAE starting from January 1, 20018 will have some adverse implications for the…
Economists tangle over risk of a Greek-style collapse in Turkey
Is Turkey on the road to becoming a new Greece? The question has divided economists who have delved into what…
Banks must take note if cryptocurrency gets sovereign treatment
You know bitcoin’s time has come when it assumes the central role in a conversation between financial journalists. Relaxing…
UAE’s credit growth turns positive, but credit demand remains weak
The UAE’s total banking sector credit returned to positive monthly growth in July, reaching 0.2 per cent month on month…
IMF Expects Moderate Qatar Slowdown Due to Gulf Trade Disruption
Qatar’s non-oil economic growth will slow this year as the gas-rich nation cuts spending and after a Saudi-led alliance imposed…