Regulation, Risk & Compliance Archives - Page 625 of 747

UAE's Anti-Money Laundering and Suspicious Cases Unit and Kuwait's Financial Intelligence Unit sign MoU

May 23, 2016

The Central Bank of the UAE announced today that Abdulrahim Mohammed Al Awadhi, Executive Director of Anti-Money Laundering and Suspicious…

Comment & Analysis

Fitch Ratings deems Saudi bank secure during draft review

May 20, 2016

Fitch Ratings, a New York and London-based authority on credit ratings, recently pronounced Saudi Arabia’s banks relatively safe from harm…

Regulation, Risk & Compliance

Attijariwafa Said to Work With UBS on Bid for Barclays Egypt

May 20, 2016

Attijariwafa Bank, Morocco’s biggest lender, is considering a bid for Barclays Plc’s Egyptian business and has hired UBS Group AG…

Regulation, Risk & Compliance

Gulf Bank posts $29m net profit in Q1

May 19, 2016

Gulf Bank, a leading lender in Kuwait, has registered a net profit of KD8.8 million ($29 million) for the first…

Investment Banking

Lebanon central bank says must comply with US Hezbollah law

May 19, 2016

Lebanon's central bank governor said on Tuesday Lebanese banks must comply with a new U.S. law targeting Shi'ite group Hezbollah's…

Hedge Funds & Alternative Investments

Kuwait Hires Oliver Wyman to Advise on Debt Amid Bond Plans

May 19, 2016

Kuwait hired consulting firm Oliver Wyman & Co. to advise on a debt strategy as it prepares to tap the…

Awards and Recognition

Bahrain wins Global Best to Invest Award

May 18, 2016

Bahrain has been honored at the eighth annual "Global Best to Invest Awards", which has recognized the Kingdom as the…

Financial Results

US Reveals How Much Treasury Debt Saudi Arabia Owns

May 17, 2016

Foreign holdings of U.S. Treasury securities rose in March, with the Treasury Department revealing for the first time in four…

Comment & Analysis

IDB Group and World Bank Group Produce Global Report on Islamic Finance

May 16, 2016

The Islamic Development Bank (IDB) Group and the World Bank Group have jointly produced a global report on Islamic finance.…

Hedge Funds & Alternative Investments

National Bank of Egypt sells $169 mln worth of special certificates

May 16, 2016

National Bank of Egypt, the country's largest state bank, sold 1.5 billion Egyptian pounds ($169 million) worth of special certificates…

Hedge Funds & Alternative Investments

Israeli Forex Head: Only a Few Firms Might Remain in the Market

May 16, 2016

The Israeli online trading industry is having a very hard time recently due to the harsh actions of the local…

Islamic Finance

Global prudential body to fine-tune oversight of Islamic finance

May 13, 2016

The body governing prudential standards in global Islamic finance plans to tighten oversight of market practices and revise capital adequacy…

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