CBB licenses Bahrain Clear
Bahrain Clear Company announced on Wednesday 12thJune 2017 that is has recently obtained a license from the Central Bank of…
Regulation, Risk & Compliance
8959 articles found
Abu Dhabi court ruling to allow investor to proceed with case against Citi
The Abu Dhabi Court of Appeal has ruled in favour of a financial investor in the UAE, allowing him to…
UAE President restructures board of Abu Dhabi wealth fund ADIA
UAE President and Abu Dhabi ruler Sheikh Khalifa bin Zayed Al Nahyan has issued a decree reshuffling the board of…
Money supply in UAE continues to increase in May
The UAE Central Bank announced yesterday that money supplies in different measures, including money in circulation and bank and government…
Bahrain's FEB Islamic Bank exited from its investment in Bulgaria
First Energy Bank recently exited from its investment in Bulgaria. FEB had invested in December 2013 jointly with Borealis in…
UAE cbank foreign currency assets top $87bn
The UAE Central Bank's foreign currency assets increased 1.5 percent to Dh322.4 billion ($87.75 billion) during the month of May…
TechPreneur Africa and Abu Dhabi sign fintech start-up support agreement
TechPreneur Africa, an organization dedicated to supporting financial technology firms and entrepreneurs that want to increase financial inclusion and opportunities…
Dubai: Aadhaar card not mandatory for NRIs for financial, I-T transactions
To boost its drive against tax evasion and unaccounted transactions, the central government recently authorised the mandatory linking of Aadhaar…
Qatar govt prepared to cover banks if deposits ‘withdrawn
Qatar’s government is prepared to support local banks if foreign institutions withdraw deposits from them because of an economic boycott…
UAE one of the easiest places in the world for accounting and tax compliance
Ranked 92nd out of 94 jurisdictions according to their financial complexity, the UAE is the least complex place globally for…
The legitimacy of new bank fees
Saudi banks have been imposing various fees on customers for different services and we do not know the reason for…
Gulf Energy Maritime signs $75 million deal with Dubai Islamic Bank
The seven-year facility is the first deal between GEM and DIB, and it is part of a long-term relationship with…