The Consolidation advantage
Having larger banks with higher capacity is more beneficial for the country than smaller institutions that are likely to fail…
Regulation, Risk & Compliance
8931 articles found
Clearer regulation key to future Dubai success
A sea change in regulation within the UAE is paving the way to growth for financial services businesses operating in…
Major venture capital issues discussed
Venture capital issues were discussed at a key meeting yesterday. The Waqf Fund held its eighth roundtable discussion on…
MoF and RAK Investment Authority sign MoU
The Ministry of Finance (MoF) recently signed a MoU with Ras Al Khaimah Investment Authority (RAKIA). This MoUhas been signed…
CBO refutes currency depreciation rumours in Oman
Speculations about depreciating the local currency due to declining oil prices, have been dismissed by Hamoud bin Sanjour Al Zadjali,…
Saudi Arabia sets rules for foreign investment in its stock market
Saudi Arabia’s regulator has finalised rules for direct foreign investment in its stock market. The Capital Market Authority will…
Private banks flock to Gujarat IFSC
India's top banks have branches in the Dubai International Financial Centre but India’ first international financial services centre coming up…
Saudi finalises rules for foreign opening of equity markets
Saudi Arabia’s capital markets regulator said on Monday it has finalised rules ahead of the opening up of its $550…
Bahrain Central Bank Puts Bank, Insurer Into administration
Bahrain’s central bank said it has placed two Iran-linked companies, Future Bank and Iran Insurance Co, into administration to protect…
Egypt’s crackdown on dollar black market cripples importers
Egypt’s central bank has recently begun a crackdown on the currency black market, yet financial experts believed that such a…
RBS returns Qatar banking licence, country head departs
Royal Bank of Scotland has closed its branch in Qatar with its country head departing, RBS told Reuters on Thursday,…
Bahrain central bank puts Iran-linked bank, insurer into administration
Bahrain's central bank said on Thursday it had placed two Iran-linked companies, Future Bank and Iran Insurance Co, into administration…