UK's Fox sees win-win ties with UAE in post-Brexit era
Britain is very much open for business like never before in the post Brexit scenario and is looking for opportunities…
Regulation, Risk & Compliance
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Keeping up with constant change
The Central Bank of the UAE published qualitative and quantitative liquidity management requirements for UAE banks. This is the…
The UAE stresses need to combat money laundering
With money laundering continuing to be a major concern across the globe, the UAE is making efforts to combat it…
Saudi Crown Prince meets US officials, UN chief on sidelines of UNGA
Saudi Crown Prince Mohammed bin Nayef has met on Monday with United States Secretary of State John Kerry, Assistant to…
UAE banks bail out 1,700 SMEs and corporations with Dh7 billion in loans restructured
An initiative among local banks to bail out small and medium sized enterprises has helped to restructure some Dh7 billion…
Cabinet praises royal visits, hails Government Forum outcomes
His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa has lauded His Majesty King Hamad bin Isa Al…
UBF welcomes Bankruptcy Law
The CEO Advisory Council of the UAE Banks Federation UBF, the professional body representing 49 banks in the UAE, on…
Israeli Court Upholds FATCA Law
The Supreme Court of Israel has dismissed calls for a block on the Israeli Government transferring personal financial data to…
Kuwaiti investors pounce on venerable City broker WH Ireland
A Kuwait-based company is poised to pounce on WH Ireland, one of the best-known stockbrokers in the City of London,…
Development Bank to be restructured with $1B capital
Deputy Prime Minister Mehmet Şimşek said the Development Bank of Turkey will be completely restructured so that it can provide…
Qatar central bank offers bonds in second riyal sale in 2016
Qatar's central bank is offering 3 billion riyals, $824 million of government bonds in its second domestic bond sale this…
Egypt needs regulations to become more business-friendly: IFC regional director
In an interview with Daily News Egypt, Mouayed Makhlouf, the International Finance Corporation’s director for the Middle East and North…