Regulation, Risk & Compliance

Environment and Sustainable Investments

Masdar signs deals to develop 4 GW-capacity green hydrogen plants in Egypt by 2030

April 25, 2022

Masdar, one of the world’s leading renewable energy companies, and Hassan Allam Utilities, the investment and development arm of Hassan…

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Regulation, Risk & Compliance

Oman’s sovereign wealth fund splits into two portfolios

April 25, 2022

The Oman Investment Authority has split its assets into local and foreign portfolios, the state news agency said on Sunday.…

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FinTech

Sheikh Maktoum approves DIFC Courts’ 2022-24 work plan

April 25, 2022

The 2022-2024 strategic work plan for the Dubai International Financial Centre (DIFC) Courts was approved on Sunday.   The new…

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Regulation, Risk & Compliance

GFH to list its shares on the Abu Dhabi Securities Exchange in May

April 25, 2022

GFH Financial Group B.S.C (“GFH” or “the Group”) today announced that the targeted cross listing of its shares on the…

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Regulation, Risk & Compliance

Lebanon banking group rejects latest draft of financial recovery plan

April 25, 2022

The Association of Banks in Lebanon said on Saturday it “completely rejects” the government’s latest draft of a financial recovery…

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Legal

UAE’s new whistleblowing regime ‘significant and positive’ step for employees

April 22, 2022

New whistleblower regulations launched by the Dubai Financial Services Authority (DFSA), the financial regulator in the Dubai International Financial Centre…

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Regulation, Risk & Compliance

Arab Monetary Fund signs MoU with African Export-Import Bank

April 22, 2022

The Arab Monetary Fund (AMF) and the African Export-Import Bank (Afreximbank) has announced the signing of a Memorandum of Understanding…

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FinTech

DIFC-based fintech Tarabut Gateway receives DFSA licence

April 22, 2022

Tarabut Gateway has been granted a licence by Dubai Financial Services Authority (DFSA) to provide money services in and from…

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Legal

United Arab Emirates freeze assets and bank accounts of Kinahan cartel in Dubai

April 22, 2022

The United Arab Emirates has frozen assets and bank accounts linked to the Kinahan Cartel in their Dubai bolthole.  …

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Hedge Funds & Alternative Investments

Saudi official entities warn against forex trading

April 22, 2022

Saudi official entities have warned against the use of forex trading on their official Twitter accounts.   Forex, also known…

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Islamic Finance

ITFC, Saudi EXIM Bank and “Monshaat” sign MoU for Saudi SME development program

April 21, 2022

The International Islamic Trade Finance Corporation,  member of the Islamic Development Bank  Group, the Saudi Export and Import Bank (Saudi…

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Hedge Funds & Alternative Investments

US firm Discovery Land to build Dubai luxury golf community with mansions, villas

April 21, 2022

US-based developer Discovery Land has signed an agreement to develop a luxury residential golf course community in Dubai South, near…

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