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.…
Regulation, Risk & Compliance
8953 articles found
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…
Fed-driven GCC rate hikes may trigger ‘lower growth, higher borrowing costs’
The hardening of interest rates in the Gulf Cooperation Council, in view of the US Federal Reserve’s future policy stance…
Dubai provides debt advice for expats
The government in the United Arab Emirates has a message for the many people who fled the country in the…
First Int'l Bank sells Swiss operations
First International Bank of Israel is liquidating its remaining international business, and will become the only one of Israel's five…
Islamic finance set for big lift from Iran
The Islamic finance industry is expected to get a significant lease of life from the opening of Iran’s economy which…
De-risking by big banks ‘hitting global trade’
Banks around the world are reducing their banking relationships with a focus on higher-risk countries, including in the region, resulting…
UAE eyes Dubai as Islamic economy hub
The UAE’s Ministry of Finance recently signed a MoU with Dubai Islamic Economy Development Centre to boost co-ordination on matters…