Amended law means more central bank responsibilities
UAE officials are discussing changes to the country’s banking law, which would give the central bank a role in determining…
Regulation, Risk & Compliance
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Lebanon's C.bank governor says hopes govt can issue more dollar debt this year
Lebanon's central bank governor said on Tuesday he hoped the country would be able to issue more dollar-denominated debt this…
Foreign Investors Take Wait-and-See Approach to Saudi Market
The much anticipated opening of Saudi Arabia’s $590 billion stock market to foreign investors next week may start with more…
UAE may give Central Bank role in setting monetary policy
The governor of the Central Bank says the Government is working to allow the lender of last resort to control…
Egypt's Industry seeks Supreme Council to supervise Egyptian-African Ties
This step comes within the frameworks of the general plan outlined by the state to enhance cooperation with African countries.…
IIRA Assigns Fiduciary Ratings to AlBaraka Bank Egypt
Islamic International Rating Agency has assigned an international scale rating of 'B-/B' (Single B Minus / Single B) and national…
Global tax issues to impact GCC businesses
In November 2014 the WikiLeaks scandal known as “LuxLeaks”, the large scale exposure of over 340 companies (such as IKEA,…
Singapore to boost Islamic finance regime
WITH cross-border Islamic finance set to grow further, Singapore's central bank will continue to strengthen its Islamic finance regime and…
Foreign firms wary of Saudi expansion on opening up of bourse
The opening of Saudi Arabia’s bourse to direct foreign investment may create billions of dollars of business but international banks…
UAE banks brace for tough norms
The Central Bank of the UAE has laid out a roadmap to introduce tougher conditions for banks and financial institutions…
Remittance tax proposed by FNC member
A member of the Federal National Council Tuesday proposed that the UAE impose a tax on the billions of dirhams…
New pension rules likely to affect saving schemes of British expats
With recent changes to the UK’s pension rules, financial advisors here are urging expatriates to carefully consider their options on…