Israel, Arabs Now Have Big Opportunity for Cooperation
The Trump administration is exploring new approaches for easing the Israeli-Palestinian conflict that build on talks with a budding Sunni…
Regulation, Risk & Compliance
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Central Bank withdraws Dh8.2b of surplus liquidity
The UAE Central Bank has withdrawn Dh8.2 billion out of excess liquidity in the market during July after it pumped…
UAE working on laws to boost non-oil sector contribution to 80% by 2021
The Ministry of Economy is working on a number of laws to help increase productivity of the economy and boost…
Sluggish July imports in Qatar show sanctions still hurting economy
Qatar's imports recovered only slightly in July after plunging in June, government data released on Thursday showed, suggesting the country's…
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…
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…