Regulation, Risk & Compliance

Islamic Finance

Bank Nizwa CEO outlines growth potential of Islamic finance in Oman and globally during muscat securuties market meeting

April 3, 2017

Bank Nizwa, represented by CEO Khalid Al Kayed, participated in an open session at the Muscat Securities Market to discuss…

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Regulation, Risk & Compliance

Central Bank Announces Development Funds to Kick-Start Economy

April 3, 2017

The Central Bank of Jordan plans to set up a series of multi-million dinar development funds designed to stimulate the…

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Hedge Funds & Alternative Investments

Deloitte Middle East Point of View: Ethical tax, construction market outlook, ISO 37001 on anti-bribery management, and GCC family businesses

April 3, 2017

Financial institutions are working together to combat tax evasion, bribery and corruption through ISO certifications and the Common Reporting Standard. …

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FinTech

Emirates NBD Enlists UAE Central Bank in Blockchain Check Trial

March 30, 2017

One of the Middle East's largest banking groups is partnering with the central bank of the United Arab Emirates on…

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Investment Banking

US's Citi bank applies for capital markets licence in Saudi Arabia- sources

March 29, 2017

Citigroup has formally applied for a licence to conduct capital markets business in Saudi Arabia, two sources familiar with the…

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Regulation, Risk & Compliance

Commercial Bank’s long-term foreign currency and financial strength ratings lowered

March 29, 2017

The downward revision in the FSR is due to weakening asset quality, tight liquidity metrics, albeit that some are better…

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Investment Banking

Citi applies for capital markets licence in Saudi Arabia

March 29, 2017

Citigroup has formally applied for a licence to conduct capital markets business in Saudi Arabia, two sources familiar with the…

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Regulation, Risk & Compliance

Capital Market Authority cancels three brokerage licences in Oman

March 28, 2017

Oman’s stock market regulator Capital Market Authority on Sunday cancelled licences of three brokerage firms – Al Shurooq Securities, Tawasul…

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Comment & Analysis

Will Qatar return to haunt Barclays?

March 28, 2017

Before Easter, quite possibly next week, the Serious Fraud Office will make the biggest decision in its 30-year history.   …

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Regulation, Risk & Compliance

Jordanian-Saudi Fund Company established

March 28, 2017

Jordanian and Saudi officials on Monday evening signed the memorandum of association for the Saudi-Jordanian Investment Fund Company LTD, which…

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Regulation, Risk & Compliance

Pakistan, IMF talks begin in Dubai today

March 28, 2017

Pakistan and the International Monetary Fund will start Article 4 consultations in Dubai and Islamabad will give a detailed briefing…

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Investment Banking

Apicorp partners with Goldman Sachs

March 27, 2017

The Arab Petroleum Investments Corporation has inked an agreement with Goldman Sachs, the multinational investment bank, to create an investment…

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