Federal Reserve raises interest rates, GCC countries react
The Central Bank of UAE, raising interest rates applied to the issuance of its Certificates of Deposits, in line with…
Regulation, Risk & Compliance
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Qatar crisis challenges Gulf assets as Middle East’s safe haven
Gulf countries and their assets for years have been seen as a safe bet for investors in Middle Eastern emerging…
Bahrain launches new rules for fintech firms
Bahrain's central bank has issued new rules to create a regulatory unit that will allow financial technology firms to test…
Bahrain wealth fund Mumtalakat has up to $300 mln for new deals
Bahrain's sovereign wealth fund Mumtalakat has $200 million to $300 million for new deals, and is looking for investment opportunities…
Egypt central bank removes foreign currency transfer limit
Egypt's central bank on Wednesday removed limits on international currency transfers, scrapping a $100,000 monthly limit on individual bank transactions…
Qatari banks fall after UAE red flag, Dubai's Emaar climbs
Shares in Qatari banks fell in early trade on Sunday after the central bank of the United Arab Emirates ordered…
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…
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…