Germany signs financing deals worth $228.3mln with Egypt
Germany and Egypt have signed three agreements worth €203.5 million ($228.3 million) on Monday. German Development Minister Gerd Mueller…
Regulation, Risk & Compliance
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Iran Denies Banking Troubles With Turkey
Governor of the Central Bank of Iran Valiollah Seif has denied reports about Iranians having any problems regarding their bank…
Austrian Bank Opens €1b Credit Line for Iran
Oberbank, one of Austria's biggest banks, has allocated a €1 billion ($910 million) line of credit to finance investment projects…
UAE Regulator Approves Emirates NBD as General Clearing Member
Emirates NBD Group, the largest bank in its home country of the United Arab Emirates, and one of the leading…
Emirates NBD provides clearing and settlement services for the UAE’s equity markets
Emirates NBD has announced that it is the first UAE-based financial institution to obtain a general clearing member approval from…
Realty market uncertainty post UK election: Should ME investors worry?
Even as Conservative leader Theresa May is making efforts to form a government after her party lost its majority in…
Qatar central bank chief says no disruption to domestic, foreign transactions
Qatar's banking sector is functioning normally and there are no disruptions to domestic or international transactions, central bank governor Sheikh…
Egypt’s i-bank EFG Hermes to beef up Asia team in frontier market push
Egypt’s EFG Hermes wants to enter Nigeria through an acquisition and expects to get regulatory approval to start a brokerage…
Over 4,400 investment professionals from the Middle East register for CFA exams
CFA Institute, the global association of investment management professionals, has announced that 188,915 candidates worldwide registered for Level I, II,…
UAE Central Bank Asks for Due Diligence on Qatar Bank Accounts
Banks and other financial institutions in the United Arab Emirates have been instructed to search for and freeze any accounts,…
The Coming Challenges For Asset Managers And Financial Advisors
Bahrain, Saudi Arabia and the United Arab Emirates signaled Sunday they may allow some Qataris to stay in their countries…
Wide Support for Bank Mergers
The possibility of mergers in the Iranian banking system accelerated with the recent announcement by the Central Bank of Iran’s…