Turkey to Hold Rates as Ukraine, Fed Test Lira: Decision Guide
Turkey is expected to keep interest rates steady for a third consecutive month on Thursday even as Federal Reserve policy…
Regulation, Risk & Compliance
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Kuwait proposes gradually raising retirement age by three years starting from 2024 – minister
Kuwait's government proposed gradually raising the retirement age by three years starting from 2024, its finance minister Abulwahab Mohammed Al…
UAE’s ADNOC awards agreements worth Dhs2.4bn to support upstream growth
Abu Dhabi National Oil Company said on Thursday that it has awarded framework agreements valued at Dhs2.4bn for cementing services.…
Qatar's central bank raises repo rate by 25 basis points
Qatar's central bank raised the repo rate by 25 basis points to 1.25% after taking into account the evolving domestic…
UAE and Mauritius sign agreement to enhance Central Bank co-operation
The Central Bank of the UAE (CBUAE) and the Bank of Mauritius (BoM) signed a Memorandum of Understanding (MoU) to…
Saudi Arabia issues $2.75bln sukuk in March, Kingdom’s debt offices reports
Saudi Arabia’s National Debt Management Center has closed the March 2022 issuance of Saudi riyal-denominated sukuk, valued at SR10.3 billion…
Egypt focuses on MSMEs as they represent 98% of private sector: CBE
Sherif Lokman, Deputy Governor of the Central Bank of Egypt (CBE) for Financial Inclusion, said that the medium, small, and…
QCB studying digital currencies and digital banking: Official
The Qatar Central Bank (QCB) is currently studying digital bank licensing and digital currencies, according to an official. Speaking…
SAMA seeks opinion of public on its new rules to protect bank customers
Saudi Arabia’s Central Bank unveiled its draft rules and regulations to protect and serve the interests of customers of banks…
General Tax Authority, RACA sign MoU on combating money laundering, tax evasion
General Tax Authority and Regularity Authority for Charitable Activities (RACA) have signed a Memorandum of Understanding (MoU) on combating money…
Sheikh Hamdan approves Services 360 policy to improve Dubai Government services
Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council, has approved…
Lebanon judge freezes assets of 5 banks during probe
A Lebanese judge on Monday froze the assets of five of Lebanon’s largest banks and those of their board of…