QC Chairman: Qatar’s national products are more competitive
Qatar Chamber Chairman Sheikh Khalifa bin Jassim Al Thani praised the ‘1000 Opportunities Initiative’ which was launched by the Ministry…
Regulation, Risk & Compliance
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Impending rate hikes to spur UAE banks’ net-interest income
The UAE’s banking sector assets are expected to grow in 2022 on the back of an economic recovery that has…
UAE, OECD discuss global tax standards, tax challenges arising from digitalising the economy
The undersecretary of the UAE Ministry of Finance (MoF), Younis Haji Al Khoori, has held a meeting with Pascal Saint-Amans,…
CBB Sukuk Al-Salam securities oversubscribed
Subscriptions worth BD 77.330 million were received for the BD 43 million issue, which carries a maturity of 91 days.…
UAE to inject money in Sudanese banks: minister
Acting foreign Minister Ali al-Sadiq Sunday said the United Arab Emirates agreed to inject money into Sudanese banks to support…
Central bankers face balancing act amid rising inflation, war and slower growth
Central bankers around the world are facing a double whammy of faster inflation and the prospects of slower growth, only…
Saudi Central Bank extends guaranteed financing program for small businesses
The Saudi Central Bank today announced an extension of its Guaranteed Financing Program for small and medium-sized businesses. The…
DFSA publishes regulatory framework to oversee cryptocurrencies
The Dubai Financial Services Authority, the regulator of the emirate’s financial hub, has published its regulatory framework overseeing crypto tokens,…
DFSA censures Paymentology Ltd for disseminating misleading and deceptive information
The Dubai Financial Services Authority (DFSA) has today issued a public censure against Paymentology Ltd. Paymentology is a payment…
DFSA decisions to penalise Dalma Capital Management Limited and Zachary Cefaratti referred to Financial Markets Tribunal
The Dubai Financial Services Authority has published two Decision Notices concerning action the DFSA has decided to take against Dalma…
APBEF-UBA: A new agreement on settlement of disputes between banks
As part of strengthening cooperation between Tunisian banks and financial institutions and the Arab banking sector, the Tunisian Professional Association…
Al Rajhi Bank gets CMA nod for 60% capital raise to $11bn
Al Rajhi Bank, which is Saudi Arabia’s largest valued bank, was approved by the Capital Market Authority for a capital…