CBB tightens rules on banker bonuses
New rules that restrict big bonuses for bankers in Bahrain have been implemented by the Central Bank of Bahrain since…
Regulation, Risk & Compliance
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SEC Boss, Gwarzo, to Lead Regulators in Africa, Middle East
IOSCO is recognised as the leading international policy forum for securities regulators. The organisation’s membership, including SEC, Nigeria, regulates more…
Islamic finance in focus
The General Council for Islamic Banks and Financial Institutions (CIBAFI) and the Islamic Development Bank (IDB), the global umbrella organisation…
Internationalisation strategies for Islamic finance in focus
The General Council for Islamic Banks and Financial Institutions (CIBAFI) and the Islamic Development Bank (IDB), the global umbrella organisation…
Watchdog warned over possible penalty for Bank Asya action
As uncertainties over the management of the Islamic lender Bank Asya continue, auditors from the Banking Regulation and Supervision Agency…
DIFC Drives 'Dubai Forward'
Dubai International Financial Centre (DIFC), the international financial centre for the Middle East, Africa and South Asia region, announced today…
DFM signs agreement with Korea Securities Finance Corp
Dubai Financial Market ( DFM ) has signed a Memorandum of Understanding (MoU) with Korea Securities Finance Corporation (KSFC) in…
UAE Foreign Minister Visits New Zealand, Talks FTA, Signs Agreements
New Zealand and United Arab Emirates or UAE signed a slew of agreements when its foreign minister Shaikh Abdullah Bin…
Electronic payments on mobiles reduce visits to bank branches
Minister of Commerce and Industry Tawfiq Al-Rabiah said the electronic payments depending on mobiles and tablets will remove other traditional…
Outlook on four Saudi Arabian Banks revised Negative after Sovereign outlook action
Standard & Poor's Ratings Services said today that it has revised its outlooks on four Saudi Arabian banks to negative…
Emirates hires banks for U.K.-guaranteed sukuk of up to $1 bln
Emirates, the Dubai-based airline, has hired banks to help it arrange a sukuk of up to $1 billion, according to…
Free trade agreement between UAE and Switzerland this year
Free Trade Agreement between Switzerland and the UAE will be implemented from July this year, a visiting dignitary from Switzerland…