Commercial Bank signs MoU with Mexican national development bank
Commercial Bank, Qatar's first private bank, has signed a Memorandum of Understanding with Bancomext, a Mexican national development bank on…
Regulation, Risk & Compliance
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UAE c.bank halts foreign banks waivers on state-linked lending – sources
The United Arab Emirates (UAE) central bank has removed waivers given to foreign banks allowing them to use their group's…
Fitch: New Egyptian Bank Rules Could Weaken Asset Quality
Regulations to boost SME lending, issued by the Central Bank of Egypt earlier this month, could weaken the quality of…
GCC speeds up fiscal reform as growth slows
Gulf Arab states will require more than USD 250 billion over the next two years to plug budget deficits. …
UAE RAKBANK cuts up to 250 expat jobs, recruits in wholesale banking
National Bank of Ras Al Khaimah said on Wednesday it was cutting up to 250 expatriate staff from the bank…
Global investors invited to participate in Turkey's rise
Prime Minister Ahmet Davutoğlu met with 200 leading investors at Bloomberg's London office on Monday, where he informed investors of…
Jordanian government measures pushing major investors to quit the market
Owners of seven foreign trademarks are planning to leave the local Jordanian market with capitals worth 65m Jordanian Dinars ($91,5m),…
Dentons signs mou with oxford business group
The changing role of the Dubai International Financial Centre and what its expansion means for the wider business community is…
Gulf states prep tax laws ahead of 2018 rollout
Gulf Arab states are putting the finishing touches on draft laws on value-added taxes of up to 5 percent that…
The pressure is growing on the UAE banking system
The pressure is growing on the UAE banking system. It’s good that the Central Bank, with informal moves to limit…
UAE Central Bank taking no chances over vital liquidity
The pressure is growing on the UAE banking system. It’s good that the Central Bank, with informal moves to limit…
GCC insurance industry requires regulatory 'passporting' to enable scale and profitability
The conveners of the longest running Insurance platform for the Middle East - the Middle East Insurance Forum (MEIF) -…