Oman's Bank Muscat in talks to refinance $600 mln loan – bankers
Oman's Bank Muscat has begun initial discussions with banks on refinancing an existing $600 million loan, with a new facility…
Regulation, Risk & Compliance
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QFCRA, Kuwait’s CMA sign MoU on information sharing, development
The Qatar Financial Centre Regulatory Authority (QFCRA) has entered into a memorandum of understanding (MoU) with Kuwait’s Capital Markets Authority…
UAE's new bankruptcy law set to boost SME lending, says Fitch
The UAE's new bankruptcy law could encourage banks to increase lending to SMEs because it sets out a framework for…
Egypt Floats Currency, Appeasing I.M.F. at Risk of Enraging Poor
Egypt’s central bank on Thursday said it would soon allow the country’s currency to trade freely, part of a broader…
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…
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…