Qatar sets new rules for bank forex holdings
Qatar’s central bank has issued new maximum limits on open positions that banks can hold in foreign currency, according to…
Regulation, Risk & Compliance
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World’s Worst Finance Job? Turkey’s Central Bank Has a New Chief
How does a central bank fight inflation? Raise interest rates, right? Wrong answer. Or at least it is, if you’re…
Leading ASEAN law firm & Al Aidarous Form Strategic Alliance in Middle East
Leading ASEAN law firm WongPartnership have announced the formation of a strategic alliance with boutique national law firm Al Aidarous…
Turkish cabinet approves deputy governor Cetinkaya as next central bank chief
The Turkish cabinet approved the appointment of Murat Cetinkaya as the new chief of the central bank on Monday, the…
Saudi Arabia Is About To Adopt International Accounting Standards And It Could Cause Problems
The often opaque world of Saudi business is about to open up a little more, with the country set to…
CBE has not received new deposits from Saudi Arabia’s MOU with Egypt as of Saturday: CBE deputy governor
The Central Bank of Egypt has not received new deposits from Saudi Arabia following the signing of several memoranda of…
HSBC, Citigroup Among Those Directly Investing in Saudi Stocks
HSBC Holdings Plc and Citigroup Inc. are among nine qualified foreign institutions licensed to invest in Saudi Arabian stocks directly,…
GCC regulators urged to develop sukuk infrastructure
Regulators of financial markets in the Gulf Cooperation Council are urged to develop the infrastructure and regulatory framework in order…
Qatar's QNB says receives regulators' nod to buy Turkey's Finansbank
Qatar National Bank has received the approval of Qatar's central bank and Turkey's Banking Regulation and Supervision Agency to acquire…
QFC Regulatory Authority announces executive appointments
The QFC Regulatory Authority has announced that it has appointed Eisa Ahmed Abdulla to the role of Chief Operating Officer…
Bank of China enters Turkish market
The Bank of China, which has been planning to enter Turkey for a year, is reported to have completed the…
UAE Banks Federation holds Ordinary Annual General Meeting, elects new board for the next three years
The UAE Banks Federation , a professional body representing 49 member banks operating in the UAE, held its Ordinary Annual…