“Markaz” successfully closes a five-year KWD 25 million bonds issue
According to a joint statement by Kuwait Financial Centre and Gulf Bank, this extensive demand reflects the investors’ trust in…
Regulation, Risk & Compliance
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Islamic finance boom calls for increase in trained personnel
In the fast-growing industry of Islamic finance, the lack of specialized, trained human capital in the field continued to be…
Loan demand set to remain strong in Qatar, says BMI
Despite the weaker macroeconomic environment, the demand for loans will remain strong in Qatar, driven by the government’s financing need…
Three more foreign banks eye Turkish market
Banking Regulation and Supervision Agency President Mehmet Ali Akben has said that three foreign banks were interested in expanding their…
UAB chief vows to fight money laundering, terror financing
Chairman of the Union of Arab Banks Sheikh Mohammad Al-Jarrah Al-Sabah said on Monday that UAB is firm on dealing…
Three foreign lenders show strong interest in Turkey: Banking watchdog
Three foreign banks have voiced strong interest in Turkey and they are likely to enter Turkish markets in 2017, Mehmet…
Winter of Discontent:Iranian Banks and the Need for Reform
The brouhaha surrounding the condition of Iranian banks is valid, as the crisis has been brewing for a long time.…
US dollar prices at banks vary considerably on Wednesday, official price drops by EGP 0.06
The Egyptian foreign exchange market witnessed enormous variations in the price of the US dollar on Wednesday, while the official…
UAE banks needs unified approach to common problems
Banking, like practically all other industries has been a largely laissez faire business in the UAE. Banks have been…
Kuwait’s central bank fine-tunes governance of Islamic banks
Kuwait’s central bank has issued new governance rules for Islamic banks, including requirements for external sharia audits, as regulators seek…
Qatar banks have ‘more spare cash on hand’ now, says Samba
Excess deposits by Qatar’s banks at the Qatar Central Bank increased to $2.6bn in September from $1.9bn in August, Samba…
Qatari bank CBQ says takes full control of Turkey’s Alternatifbank
Commercial Bank of Qatar, the Gulf Arab state’s third largest lender by assets, said on Tuesday that it had completed…