Lebanon's central bank not bankrupt, governor says
Lebanon's central bank governor Riad Salameh has denied reports circulating in the country that the regulator is bankrupt. "What…
Regulation, Risk & Compliance
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Egypt’s State Banks Attract EGP 401 Billion from 18% Saving Certificates
Two of Egypt’s biggest state have succeeded in attracting a proceeds of EGP 401 billion since the issuance of the…
Emirates Development Bank announces $520m contribution to the UAE's GDP
Abu Dhabi-based Emirates Development Bank contributed Dh1.91 billion ($520 million) to the UAE’s gross domestic product over the past twelve…
AfDB Seeks Significant Investment Partnerships With UAE
The President of the African Development Bank (AfDB) Group, Mr Akinwumi Adesina, has called on the United Arab Emirates (UAE)…
UAE's new labours laws trigger 'significant changes' to employment contracts
Luke Tapp and Ruth Stephen tell HRNews about some of the key employment law changes in the region
Saudi Arabia makes $5bn deposit in Egypt Central Bank
Saudi Arabia made a $5bn deposit in Egypt’s central bank, making it the latest Gulf state to support the economy…
Reserve manager: Central Bank of the UAE
The Central Bank of the United Arab Emirates (CBUAE) has implemented a new investment and external manager policy over the…
Egypt’s CBE, Arab Monetary Fund ink agreement to tap regional payment settlements, set-offs
Central Bank of Egypt (CBE) has signed an agreement with the Arab Monetary Fund (AMF) to register with the AMF’s…
EBRD launches Green Star Venture programme in Jordan
Four green start-ups selected to join the Green Star Venture programme in Jordan Start-ups will benefit from tailored advisory services…
Over $400bln required to bridge ‘digital divide’: Saudi-based ISDB chairman
The chairman of Jeddah-based Islamic Development Bank (ISDB) said that huge investments and more government efforts are required to help…
All sectors return to activity in Bahrain says CBB data
Bahrain’s key economic indicators are consistent with the return to activity of all economic sectors in the Kingdom and demonstrate…
Saudi Central Bank’s net foreign assets fall for third month in a row
Saudi Central Bank’s net foreign assets fell 1.2 percent in February, according to data published on its website. Net foreign…