Qatar's Doha Bank picks banks for conventional bond issue -sources
Doha Bank, Qatar's fifth largest lender by assets, has picked banks for a conventional bond issue, banking sources said on…
Regulation, Risk & Compliance
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Industrial and Commercial Bank of China /ICBC/ celebrates listing of a 400 million USD bond on Nasdaq Dubai
Wang Hongbo, Executive Vice President of China Foreign Exchange Trade System, rang the market opening bell on 13 Nov 2016…
Saudi central bank: hopes money rates to keep falling, not worried by U.S.
The Saudi Arabian central bank hopes interbank money rates SAIBOR= continue to fall, central bank governor Ahmed al-Kholifey told a…
Saudi 'comfortable' with foreign reserves level: central ban
Saudi Arabia has a "very comfortable" level of foreign reserves, the central bank chairman said on Monday, despite a drawdown…
Bahrain's Gulf International Bank requests proposals for dollar bond issue -sources
Gulf International Bank has asked banks to submit proposals to arrange a potential U.S. dollar denominated bond issue, banking sources…
Payments evolution in the Middle East
No one can doubt that the payments industry is changing: the choice of payment methods that are now available to…
Qatar one of world's most tax-friendly jurisdictions
Businesses in Qatar have started preparing for the introduction of VAT (value-added tax) from January 2018. However, despite the…
Brooks Macdonald signs deal with Dubai-based Abacus
Strategic alliances have been a significant part of Brooks Macdonald’s growth strategy, but this is the firm’s first strategic alliance…
Turkish central bank fixes interest rate on reserves in bid to boost lending
Turkey's central bank said on Saturday that from January it will offer a fixed interest rate on lira required reserves…
UAE MoF announces $1.58 bln revenue from e-Dirham in 1st 9 months 2016
Government revenues from the e-Dirham system during the first nine months of this year stood at AED 5.8 billion. …
Painful reforms seen stabilising Egypt’s public finance
Egypt’s decision to bring about drastic fiscal and monetary reforms is widely expected bring stability to the country’s economy and…
MENA Financial Crime Compliance Group launches
After months of preparation, the first meeting of the MENA Financial Crime Compliance Group took place in Bahrain, on the…