GIB wins nod to become a local bank in Saudi Arabia
Bahrain-based Gulf International Bank has been issued the necessary licence to operate as a local bank in Saudi Arabia by…
Regulation, Risk & Compliance
8953 articles found
FBME Bank's Tanzania License Terminated After Money Laundering Investigation
FBME Bank has been placed under further sanctions from international courts as part of a long list of problems caused…
New Deloitte report on banking regulations in UAE
Deloitte, a leading provides audit, tax, consulting, and financial advisory services, has launched its inaugural Regulatory Barometer that reveals the…
Forex firm shut down for fraud reopens in same building
Nearly five years after it was shut down and its Pakistani CEO subsequently convicted and jailed for fraud, MMA Forex…
Bahrain to launch national e-wallet by June
The Central Bank of Bahrain (CBB) has announced that it is working closely with BENEFIT to launch the first phase…
Standard Chartered Inks Zurich Deal
Standard Chartered Bank and Zurich Insurance Group have signed an exclusive decade long strategic partnership to offer life insurance. …
UAE offshore companies: can they really compete?
The many advantages of a UAE offshore company The world of offshore companies and set up has been turned upside…
Egypt parliament passes investment law
Egypt's parliament on Sunday adopted a law whose aim is to attract foreign investors to the country as authorities seek…
Dubai Commodities Clearing Corporation Launches ‘ActiveRisk’ Risk Management System
The Dubai Commodities Clearing Corporation has announced the launch of a state-of-the-art Risk Management System (RMS) called ActiveRisk. ActiveRisk,…
Dentons advises Damac on tender offer, sukuk
Dentons, one of the world's largest law firms, said it had played a key role in helping Damac, a major…
CBK to implement Sharia governance by year's end
The Central Bank of Kuwait on Sunday said that it was determined to develop the financial sector's workforce and that…
Financial sector, diversification to drive GCC growth
The International Monetary Fund has forecast the return of GCC countries to faster economic growth starting next year. Supported…