UAE bank credit increases in July – Khaleej Times
Gross credit by the #UAE banks grew in July, reflecting increase business activity in the country while deposit by non-residents…
Regulation, Risk & Compliance
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Qatar banks seek Asian, European funding as diplomatic crisis bites
Qatari banks are turning to Asia and Europe for funding after clients from other Arab states pulled billions of dollars…
DFSA and Naseba to co-host second fintech summit
The summit will provide a platform for the region's banking, financial services and insurance decision makers to source and evaluate…
Egypt policy measures improve banking but investments slow, BLOM Bank Egypt chief says
Egypt’s policy decisions last November to float the pound and subsequently raise interest rates have improved conditions for the banking…
Bank financing to UAE realty sector tops $76bn in H1
Bank financing provided to the property and construction sector in the UAE reached Dh281.2 billion ($76.5 billion) during the first…
L’Oréal and Beiersdorf set to take advantage of Egypt’s new investment law?
Egypt’s cabinet has passed regulations for a new investment law that could bring in much needed business from international companies,…
Turkey's non-banking financial sector assets go up
Non-banking financial sector assets increased by 19.5 percent to reach 120 billion Turkish liras ($34.26 billion) in the first half…
Goldman Sachs gets approval for Saudi equities trading license
Goldman Sachs received approval on Sunday to trade equities in Saudi Arabia, joining the growing band of western investment banks…
Bahrain may need to boost interest rates to protect currency, IMF warns
Bahrain may need to raise its market interest rates to protect its currency and must refrain from having its central…
Middle East pension schemes due for urgent reforms
Pension schemes in most countries of the Middle East and North Africa (Mena) set up their current national pension schemes…
Saudi authorities study changes to worker dismissal law
Saudi Arabia’s Shoura Council and Ministry of Labour and Social Development are studying amendments to the country’s labour law that…
Qatar emerging stronger despite economic blockade
Qatar has proven its ability to overcome the challenges of the economic blockade imposed by Saudi Arabia and its allies,…