DFSA Strengthens Regional Regulatory Co-operation
The Dubai Financial Services Authority earlier this week signed a Memorandum of Understanding with the Jordan Securities Commission. The…
Regulation, Risk & Compliance
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Saudi bank shares rally on SAMA’s monetary action
Saudi banking shares rallied on Monday after the central bank said it would deposit about SR20 billion at commercial lenders…
Saudi Arabia Megabond Said at Risk of 9/11 Legislation Delay
Saudi Arabia’s first international bond may be delayed by a U.S. vote on legislation that would allow the families of…
Citigroup Accelerates Saudi Return Plans With Megabond Mandate
More than a decade after quitting Saudi Arabia, Citigroup Inc. is winning more high-profile deals in the kingdom and quietly…
Banking business models getting redefined through financial inclusion and re- regulation
Doha Bank is participating in the Sibos Conference in Geneva from 26-29th September 2016. The theme for the 2016…
Saudi Arabia Injects $5.3 Billion in Bank System Amid Crunch
Saudi Arabia’s central bank stepped up efforts to support lenders in the Arab world’s biggest economy as they grapple with…
Egypt's banking sector needs new policies to thrive: Booz Allen Hamilton
Booz Allen Hamilton released a report entitled The New Economic Norm: How Egyptian Banks Must Adapt to Thrive, in which…
BIBF partners with Euromoney Learning Solutions
The Bahrain Institute of Banking and Finance (BIBF) signed a memorandum of understanding (MoU) with Euromoney Learning Solutions (a division…
Libyan sovereign fund recovers $127 mln from Lehman, Cornhill Capital
Libya's $67 billion sovereign wealth fund has recovered $73 million from the bankrupt Lehman Brothers and $53.8 million from Cornhill…
Egypt Central Bank Unexpectedly Keeps Interest Rates Unchanged
Egypt’s central bank unexpectedly kept interest rates unchanged, even after inflation soared to the highest level since at least 2009.…
Morocco's Credit Agricole gets government approval for Islamic bank
Moroccan state-owned bank Credit Agricole has won the backing of the finance ministry to create an Islamic subsidiary with The…
Warba Bank activates e-signature services & unveils ‘Express Finance’
Warba Bank announced, during a press conference, the signing of a cooperation agreement with the Public Authority for Civil Information…