Egypt moves to secure IMF loan with currency flotation
Egypt’s currency yesterday fell by almost a third to 13 pounds against the dollar from a previously fixed rate of…
Regulation, Risk & Compliance
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Bahrain, Turkey aim to boost trade volume to $1 billion
Turkey's Custom and Trade Minister, Bulent Tufenkci has hailed the wise directives of His Majesty King Hamad bin Isa Al…
Qatar records 30% drop in worker complaints
The number of complaints made by Qatar workers against their employers has fallen by 30 percent, according to official statistics.…
A developed debt market is the key to Qatar's financing needs
Qatar Financial Markets Authority and International Capital Market Association hosted the QFMA and ICMA Conference: Developing a Corporate Debt Market…
ENBD launches cognitive disabilities awareness drive
Emirates NBD, one of the leading banking groups in the region, has launched ‘The Careers Network,’ an initiative to drive…
Warba Bank gets central bank approval for $250 million sukuk
Warba Bank has received approval from the central bank of Kuwait to issue up to $250 million (Dh918 million) of…
CMA Organizes a Conference for Development of Sukuk Market in Collaboration With World Bank
In collaboration with the World Bank, the Capital Market Authority will organize a conference dedicated to Sukuk markets (Islamic Bonds)…
Highlighting the importance of project management CrediMax collaborates with BIBF
CrediMax recently signed a Memorandum of Understanding with Bahrain Institute of Banking and Finance to further enhance human capital skills…
Saudi Arabia names Mohammed al-Jadaan as minister of finance
Saudi Arabia appointed market regulator Mohammed al-Jadaan as its new finance minister by royal decree, replacing Ibrahim Alassaf, who had…
Measures to Adopt Common GCC Currency Seriously Considered, Omani Central Bank Director
Director of the Central Bank of Oman Hamood bin Sangour Al-Zadjali said the establishment of a common currency between the…
Kingdom enjoys better fiscal space: Cabinet
The Council of Ministers on Monday emphasized that the Kingdom’s economic position is strong enough to offset the current economic…
UAE banking sector profits expected to decline 10 to 20 per cent in 2016
The UAE’s banking sector is expected to face 10 to 20 per cent contraction in profits this year due to…