SAMA to launch Basel III reforms implementation in January 2023
The Saudi Central Bank, also known as SAMA, on Wednesday said the Basel III reforms will come into force in…
Regulation, Risk & Compliance
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UAE Central Bank issues coins to celebrate Abu Dhabi's Zayed and Khalifa ports
The UAE Central Bank has issued 1,000 commemorative silver coins to mark the 50th anniversary of Zayed Port and the…
The Arab Monetary Fund and the Arab Gulf Programme for Development sign MoU
Emphasis on supporting the successful implementation of the comprehensive economic reform program signed between the Arab Monetary Fund and the…
Doha’s central bank issues billions in Treasury Bills, Sukuk
Qatar Central Bank’s foreign reserves surge 6.82% in November 2022. Around QR6 billion worth of treasury bills were issued…
Qatar Central Bank issues QR6bn Treasury Bills, Sukuk
Qatar Central Bank (QCB) on Tuesday issued Treasury Bills and Sukuk worth QR6bn. In a tweet, QCB said that…
Israel awards license to new digital bank
Israel's banking regulator on Sunday approved the establishment of a new digital bank, Esh Bank Israel, in a rare move…
PwC Middle East identifies top trends driving the region’s banking ecosystem
PwC Middle East hosted its inaugural Financial Services Horizons - Annual GCC Leadership Meet featuring guest speaker Brett King –…
Egypt’s economic growth to decline to 4.5% in FY 2022-23: World Bank
Egypt’s economic growth is expected to decline to 4.5 percent in the fiscal year 2022-23 from 6.6 percent in 2021-22,…
KPMG: Consistent Growth to Continue for Saudi Arabia Banks
Audit, tax and advisory services provider KPMG says capital demand is expected to fuel a strong interim performance of Saudi…
Emiratisation fines, job loss insurance, corporate tax: 5 new UAE laws that will come into effect in 2023
2022 has been a year of labour reforms and a new visa regime. As we gear up to step into…
Egypt’s new IMF deal aims to reduce government debt: Cabinet
The International Monetary Fund's new $3 billion financial support package for Egypt aims to reduce government debt to less than…
Diriyah Gate in strategic financing solutions deal with SABB
The Diriyah Gate Development Authority said it signed a MoU with the Saudi British Bank to strengthen and broaden cooperation…