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…
Regulation, Risk & Compliance
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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…
Sultanate has been very successful entrant onto Islamic banking sector, says Moody's
Islamic banking scene achieving a level of penetration higher than countries with a far longer history of Islamic finance, Moody's…
The Middle East and the New Silk Road
“There lies a sleeping giant. Let him sleep! For when he wakes he will move the world,” Napoleon Bonaparte once…
Lombard Risk appoints new business development head for EMEA
Lombard Risk Management plc, a leading provider of integrated regulatory compliance, collateral management and reporting solutions for the financial services…
UAE lender UNB mandates banks ahead of potential bond issue
Union National Bank (UNB), 50 percent owned by the Abu Dhabi government, said on Thursday it had mandated six banks…
Longer visas for Dubai property investors will boost market – experts
Dubai’s property market could receive a boost from long-term investors if they are provided with longer-stay visas, experts have opined.…
Yemen president names new central bank governor
Yemeni president Abd Rabbo Mansour Hadi appointed Finance Minister Monasser Al Quaiti as head of the country’s central bank on…