SBP moves to boost Islamic finance
The State Bank of Pakistan has amended its regulations to exempt Islamic banks from using interestbased benchmarks for some of…
Regulation, Risk & Compliance
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Withdrawal of CBRs by foreign lenders weigh on Arab banks
Arab lenders had been witnessing withdrawal of correspondent banking relationships with the foreign counterparts - especially in the US, the…
Turkey's Agaoglu sees strong demand from Gulf investors
Turkish developer Agaoglu has said its foreign sales volume has reached 2 billion following the inauguration of its first international…
Iran asks France to remove obstacles in banking ties
In a meeting with the Governor of the Central Bank of Iran, Valiollah Seif, the visiting President of the French…
KFH inks housing deal with Bahraini developer
Bahrain has signed an agreement with leading Bahraini developer Diyar Al Muharraq to provide finance for the beneficiaries of ‘Mazaya’…
Withdrawal of CBRs by foreign lenders weigh on Arab banks
Arab lenders had been witnessing withdrawal of correspondent banking relationships with the foreign counterparts - especially in the US, the…
GCC should develop green bond market for sustainable development
The global bond issues were more than $3tn this year with major issues coming from European Investment Bank - $62.86bn…
Turkey to grant new incentives for eligible investments on a project basis
Recent Development In an effort to reach Turkey's long-term macroeconomic targets of increasing Turkey's world trade share, ensuring the…
Turkish Central Bank Decreases Reserve Ratio Requirements Further
Recent development Committed to providing the markets with liquidity following in the wake of recent political and economic developments…
BRSA Incentivizing Energy Sector Debt Refinancing
The Turkish energy and banking sectors will receive a much needed bolster with the Banking Regulation and Supervision Authority’s (the…
Draft law on regulating work of real estate brokers gets Cabinet nod
The Cabinet has given its nod to a draft law that will regulate the work of real estate brokers in…
Turkish bank regulator takes control of Boydak in coup probe
Turkey's deputy prime minister said on Tuesday that companies linked to a group blamed for a failed coup posed a…