UAE banks immune to EU crisis
Growth rate of loans in the UAE is normal and better than in many countries in the region in light…
Regulation, Risk & Compliance
8959 articles found
A.M. Best Releases Updated Criteria Report on Rating Takaful Insurance Companies
A.M. Best Co. has released its criteria report, "Rating Takaful (Shari'a Compliant) Insurance Companies." The report is currently available in…
Gulf Bank implements new state-of-the-art system
Gulf Bank announced the successful installation of its new Enterprise Risk Management System from SunGard. This state-of-the-art system was completed…
Anti-money laundering role moved to DFSA
Dubai's financial regulator has had its remit extended to make it responsible for combating money laundering and terrorist financing. The…
Bankers defend their finance mechanism
Islamic banks vehemently maintain that there indeed is a vast difference between their operations and those of their conventional counterparts…
New year, new hope, old problems – Coutts & Co
As we embark on the year ahead, there are a number of hurdles still to overcome. Most notable is the…
Dubai plan to cut state spending urges bond upturn
Dubai government bond yields tumbled the most in four weeks after the Gulf emirate pledged to halve its 2012 budget…
Dubai property executives have found their bogeyman
Dubai property executives have found their bogeyman. Forget wildly misguided building strategies, poorly designed projects and an inflated sense of…
Fitch affirms Bahrain's BMB Investment Bank at 'B-'
Fitch Ratings has affirmed BMB Investment Bank's (BMB) Long-term Issuer Default Rating (IDR) at 'B-' with a Stable Outlook, while…
When to Go Above The Boss's Head
In May of 2008, four members of Lehman Brothers' senior-level management received a letter from a 14-year company veteran, Matthew…
Islamic banking calls for technology change
As the sultanate gears up to roll out Islamic banking early next year, Omani banks are preparing to adopt necessary…
World economy in dangerous situation: IMF chief
The head of the International Monetary Fund said the world economy was in danger and urged Europeans to speak with…