CBUAE maintains the base rate at 3.65%
The Central Bank of the UAE (CBUAE) has decided to maintain the Base Rate applicable to the Overnight Deposit Facility…
Regulation, Risk & Compliance
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WTW Receives DFSA Licence Approval to Operate Investment Business in Dubai International Financial Centre
WTW a global advisory, broking and solutions company, announced that it has received approval from the Dubai Financial Services Authority…
Four New Banks Prepare to Enter the Saudi Banking Sector
Data from the Saudi Central Bank (SAMA) reveals that several banks are preparing to commence operations in the Kingdom, reflecting…
Oman’s central bank raises OMR4.4mn through treasury bills
The average accepted price reached OMR99.054 for every OMR100, and the minimum accepted price arrived at OMR99.035 per OMR100. The…
DIFC announces consultation on amended DIFC Arbitration Law
Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region,…
Sharjah Digital Department organises the second edition of the Sharjah GIS Forum
As part of its ongoing efforts to develop a digitally integrated government ecosystem and enhance data-driven government efficiency, Sharjah Digital…
Dubai man loses Dh800,000 bank loan cash in fake banking app scam
A man who had just secured a Dh800,000 bank loan lost the entire amount after fraudsters tricked him into downloading…
Slowing Economy Gives Turkey Cover to Hold Interest Rates Again
Turkey’s central bank is poised to leave its benchmark interest rate unchanged in the face of a cooling economy and…
KPMG and INSEAD launch global AI Board Governance Principles as AI reshapes board oversight
KPMG International has launched a set of AI Governance Principles for Boards, developed in collaboration with the INSEAD Corporate Governance…
Qatar Central Bank announces changes to 5, 10, 50 riyal banknotes
The Qatar Central Bank (QCB) has announced changes to the fifth series of the 5, 10, and 50 riyal denominations,…
Central Bank warns of potential salary budget shortfall in 2026
The Central Bank of Libya has warned that the continued rise in salary expenditures could result in a shortfall in…
Oman’s central bank raises OMR38.1mn through treasury bills
Oman’s central bank raised OMR38.1 million by way of allotting treasury bills on Monday. The value of the allotted treasury…