Saudi Central Bank raises interest rates by 50 bps
The Saudi Central Bank, known as SAMA, raised the Repo rate by 50 basis points to 5 percent, following the…
Regulation, Risk & Compliance
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Jordan: central bank to regulate Open Finance
The Central Bank of Jordan has issued instructions to regulate Open Finance services provided by all banks operating in the…
UAE Banks Federation raises awareness on bank fraud through national campaign
In your capacity as Director General, UAE Banks Federation, please elaborate on the Together Against Fraud awareness campaign and how…
RTA signs MoU with Dubai Development Authority to streamline land permits
The Roads and Transport Authority has signed a Memorandum of Understanding with the Dubai Development Authority to streamline the business…
Pure-play digital firms yet to make a mark on Middle East financial services: PwC
While fintech and digital innovation of financial services in the Middle East have been undergoing a profound transformation, the region…
UAE and Kyrgyzstan sign initial co-operation pacts in various sectors
The UAE and Kyrgyzstan signed on Monday several initial pacts for joint co-operation in sectors including agriculture and renewable energy…
United Arab Emirates (UAE) leaders congratulate transitional President of Burkina Faso on ‘Republic Day’
President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a congratulatory cable to Ibrahim Traoré, the President of…
CBUAE imposes financial sanction on an exchange house operating in the UAE
The Central Bank of the UAE has imposed a financial sanction on an exchange house operating in the UAE, pursuant…
Saudi monetary conditions are reassuring, says central bank governor
Saudi Arabia's central bank governor said on Wednesday that monetary conditions in the Gulf Arab state are reassuring as a…
UAE: MoHRE launches automated system for employment contracts
The Ministry of Human Resources and Emiratisation (MoHRE) has launched an automated system to complete employment contracts without human intervention.…
Abu Dhabi’s ADNOC, Malaysia’s Petronas sign unconventional oil concession agreement
UAE President Sheikh Mohamed bin Zayed Al Nahyan and King Al-Sultan Abdullah Sultan Ahmad Shah of Malaysia, witnessed the signing…
JSF report sheds light on Jordan’s ‘robust’ banking sector
On the United Nations' International Day of Banks, annually celebrated on December 4, the Jordan Strategy Forum issued a policy…