Regulation, Risk & Compliance Archives - Page 627 of 747

Top 11 companies add over AED 250 bn in Dubai Financial Market cap; Emirates NBD lead gainer

May 9, 2016

Led by banking major Emirates NBD (AED 45.57 billion), the top-11 most valued Dubai Financial Market -listed companies together added…

Investment Banking

UAE Cabinet approves Sharia authority launch

May 9, 2016

The UAE Cabinet on Sunday approved the launch of a new Sharia Authority, a national regulator to set standards for…

Regulation, Risk & Compliance

Saudi Arabia Forges Ahead With Government Shake-Up

May 9, 2016

Saudi Arabia forged ahead a far-reaching government shake-up this weekend, adding to a barrage of proposals aimed at overhauling the…

Investment Banking

Egyptians’ remittances retreat by $1 billion

May 9, 2016

Egyptian Central Bank’s Governor Tareq Amer recently told Kuwaiti officials that remittances of Egyptians working in Kuwait retreated by $1…

Financial Results

Credit Growth Expected To Slow

May 9, 2016

For the June quarter, respondents to a UAE Central Bank survey expect marginal tightening in credit standards, while the appetite…

Islamic Finance

UAE cabinet approves creation of central Islamic finance authority

May 9, 2016

The United Arab Emirates' cabinet has approved the creation of a centralised sharia authority that will monitor and set standards…

Legal

Dubai Chamber opens international office in Maputo

May 8, 2016

· New office is 3rd in Africa and 5th internationally · Chamber delegation holds meetings on challenges and opportunities…

Comment & Analysis

Saudi will continue to support banks despite new law – Fitch

May 8, 2016

Saudi Arabia’s new draft law on the resolution of financial institutions – currently under review – is unlikely to curb…

Hedge Funds & Alternative Investments

Shariah Gold Standard – $2 Trillion In Assets “Could Send Price Soaring”

May 6, 2016

The coming ‘shariah gold standard’ or shariah compliant gold could lead to a very significant source of new demand for…

Regulation, Risk & Compliance

Saudi businessman kidnapped in Egypt freed

May 6, 2016

Kidnapped Saudi businessman Hassan Ali al-Sanad has been released with the help of Egyptian security after more than a week…

Investment Banking

Goldman, HSBC said among banks on Saudi exchange IPO shortlist

May 6, 2016

Goldman Sachs Group Inc. and HSBC Holdings Plc are among banks shortlisted by Saudi Arabia’s stock exchange to help manage…

Investment Banking

Bank of China, 7th largest bank in world, receives permission to operate in Turkey

May 5, 2016

Bank of China, one of the world's largest financial institutions, has received permission to operate in Turkey, Deputy Prime Minister…

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