Bahrain sends RFP for US dollar bond and sukuk issues
Bahrain has sent out a request for proposals to banks to arrange issues of US dollar-denominated conventional bonds and sukuk,…
Regulation, Risk & Compliance
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UAE asks banks to freeze accounts of those named on Qatar-linked blacklist
The United Arab Emirates' central bank has asked all banks and financial institutions to stop dealing with 18 more individuals…
Qatar’s cyber security framework enhanced through regulatory reforms
The malicious use of Information and Communication Technologies in cyberspace could disrupt financial services, undermine security and confidence and endanger…
Meethaq to provide Islamic finance to OMPC
Oman-based Meethaq, the Islamic banking unit of Bank Muscat, recently signed an agreement to provide Islamic finance to the Oman…
Bahrain's Al Baraka Banking Group and the Libyan Foreign Bank sign a memorandum of understanding to enhance their banking relations in all fields
Al Baraka Banking Group, B.S.C has signed a Memorandum of Understanding with the Libyan Foreign Bank, the leading Arab bank…
Another Fintech Bridge Opens
The Abu Dhabi Global Market Financial Services Regulatory Authority and ASIC today signed a Cooperation Agreement which provides a framework…
UAE Surplus Reserves Jump 77.6 Percent in June
Surplus reserves at UAE banks and other financial institutions surged to AED 42.8 billion ($11.6 billion) by the end of…
Bahrain sends request for proposals for U.S. dollar bond, sukuk issues
Bahrain's government has sent out a request for proposals to banks to arrange issues of U.S dollar-denominated conventional bonds and…
UAE orders banks to freeze accounts, assets of those on terrorist list
The Central Bank of the UAE issued a general statement to all banks and financial institutions to search for and…
Bank interest rates in Oman increase amid tight liquidity situation
Bank interest rates in Oman have increased in view of the tight liquidity situation and increased competition among banks for…
Dubai Islamic Bank plans African expansion after planting Kenyan roots
Dubai Islamic Bank has plans to solidify its foundations in the East African Islamic banking sector. Comments from DIB…
Mena Growth Will Fall Considerably
Economic growth in the Middle East and North Africa is forecast to slow considerably over oil prices as the Saudi…