Warren Buffet pledges $5 million investment in Israel bonds
Berkshire Hathaway Chairman and CEO Warren Buffett welcomed 43 U.S. Israel bond investors to Omaha on Sunday, each of whom…
Regulation, Risk & Compliance
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KFH fulfills CBK’s customer protection guide requirements
Kuwait Finance House is in the process of the final fulfilment of all requirements of “Bank Customers Protection Guide” issued…
Banks Offering Dollars Lure Egyptians From the Dark Side
It was only half the amount he requested, but for Ahmed, a textile manufacturer in Egypt, the $168,000 he received…
Islamic finance sets sights on centralised sharia boards
A global body for Islamic finance is developing a standard for centralised sharia boards to provide guidance for strengthening corporate…
Qatar Central Bank welcomes Conference on Information Security in Financial Operations
Qatar’s Ministry of Transport and Communications announced this week the start of the Conference on Information Security in Financial Operations.…
Central Bank signs MoU on electronic interconnection with local courts
The Central Bank of the UAE has signed a Memorandum of Understanding, MoU, with Dubai Courts, on electronic interconnection with…
Saudi Arabia to settle delayed private sector payments by end-December
Saudi Arabia’s government has discussed settling payments to the private sector before the end of the fiscal year, the state…
DFM signs MoU with the Department of Finance and Dubai Islamic Bank to streamline payments of IPO subscriptions
Dubai Financial Market today announced it has signed a Memorandum of Understanding with the Government of Dubai’s Department of Finance…
Egypt set to approach IMF in days as free currency trading debuts
Egypt will ask the International Monetary Fund’s executive board within a day or two to consider its $12bn loan request,…
Argentina and UAE sign double-taxation treaty
The United Arab Emirates and Argentina signed this Thursday an agreement to avoid double taxation, reported the Emirates News Agency.…
Investors Watching Closely Egypt And The U.S. Elections
Investors will be watching closely this week the market in Egypt and the U.S. elections. Egypt floated its currency…
Qatar mulls Monte dei Paschi's $5.5bn cash call
Qatar's sovereign wealth fund has expressed a preliminary interest in backing Monte dei Paschi di Siena's 5 billion euro ($5.56…