Saudi central bank governor vows to keep currency peg
Saudi Arabian Monetary Agency Governor Fahad al-Mubarak said he was committed to maintaining monetary policy to keep the kingdom's decades-long…
Regulation, Risk & Compliance
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Falcon Private Bank secures licence in Dubai
Under its ‘3c licence’ type, the bank can now offer customised financial solutions to regional clients. Said Eduardo Leemann,…
Qatar central bank says taking action to increase liquidity
Qatar's central bank is taking necessary monetary policy measures to increase liquidity in the banking system, central bank governor Sheikh…
Macquarie Capital receives 'in principle approval' for ADGM license
Macquarie Capital Middle East LLC announced that it is one of the first global banks to receive an in principle…
UAE Banks Federation Board Focuses on Priorities for 2016
The Board of Directors of the UAE Banks Federation, a professional body representing 49 member banks operating in the UAE,…
Central Bank of Egypt announces Strategic Partnership with SME Banking & Finance Egypt 2016
The Central Bank of Egypt has announced its support to SME Banking & Finance Egypt 2016 as a Strategic Partner,…
Cybersecurity for a digital GCC
The GCC is undergoing a digital transformation that governments need to protect through strong cybersecurity policies. A digital economy…
ADGM, Luxembourg ink agreement
Abu Dhabi Global Market and Luxembourg for Finance signed a Memorandum of Understanding on bilateral cooperation, on the sidelines of…
Turkish Deputy PM For Rapid Growth In Islamic Banking
The Turkish deputy Prime Minister in charge of the economy, Mehmet ªimºek, stressed the high growth potential of Islamic banking,…
Turkey expected to tighten corporate bond regulations in response to defaults
Recent development On February 1, 2016, a Turkish issuer of corporate bonds announced that it had defaulted on its…
QCB Governor Says Qatar Banks Record Good Growth in 2015
HE the Governor of Qatar Central Bank Sheikh Abdullah bin Saud Al-Thani said Qatar's banks recorded healthy growth in 2015…
Swiss Private Bank Loses Appeal and Pays the Sum of $35 Million
The two defendants in the biggest ever financial mis-selling case in the GCC region, Swiss Private Bank J. Safra Sarasin,…