Uncategorized Archives - Page 1533 of 3971 - Managers of Wealth Middle East

National Bank of Bahrain signs a strategic partnership with StartUp Bahrain to empower the startup ecosystem

March 9, 2020

The National Bank of Bahrain has signed an agreement to become StartUp Bahrain’s newest strategic partner. The National Bank…

FinTech

Female traders trending upwards in UAE and Mena

March 9, 2020

Saxo Bank, the leading fintech and regtech specialist focused on multi-asset trading and investment, has released new business data to…

Regulation, Risk & Compliance

Egypt to Roll Out New Plastic Currency in 2020

March 7, 2020

Egypt will start rolling out plastic currency this year, Deputy Governor of the Central Bank of Egypt Gamal Negm announced…

Comment & Analysis

Robust economic growth to support Kuwaiti banks, says Moody's

March 6, 2020

The outlook for Kuwait's banking system remains stable as robust economic growth will support credit conditions, Moody's Investors Service said.…

Islamic Finance

Dubai Islamic Bank shareholders approve Noor Bank acquisition

March 6, 2020

Dubai Islamic Bank, the United Arab Emirates’ largest sharia-compliant bank, said on Wednesday it had received shareholder approval for the…

Regulation, Risk & Compliance

Bahrain central bank urges banks to ease debt terms, fees due to coronavirus – circular

March 6, 2020

Bahrain's central bank on Thursday urged banks and financing companies to consider re-scheduling or granting deferrals on credit installments in…

Comment & Analysis

Saudi Arabia plans $6bn surge in mortgage refinancing

March 6, 2020

Saudi Arabia’s first mortgage refinancing firm aims to raise its holdings of home-loan portfolios by 10 times this year, as…

Comment & Analysis

Central Bank of Kuwait cuts discount rate to 2.5 per cent

March 6, 2020

The Central Bank of Kuwait’s Board of Directors has reduced the discount rate by 0.25 percentage points from 2.75 per…

Hedge Funds & Alternative Investments

Bahrain’s Investcorp acquires two US properties for $164m

March 6, 2020

Bahrain investment firm Investcorp has acquired two residential properties in South Florida for $164m. The most recent acquisition has…

Regulation, Risk & Compliance

DFSA signs MoU with IOMFSA

March 6, 2020

The Dubai Financial Services Authority has signed a new Memorandum of Understanding with the Isle of Man Financial Services Authority. …

Legal

Pilatus banker’s defence: U.S. dollar payments were not meant to breach Iran sanctions

March 6, 2020

A contract signed between Iran and Venezuela in 2006 for the development of a 12,000 housing project in Zulia state…

Regulation, Risk & Compliance

UAE bank sanctioned

March 6, 2020

The Central Bank of the UAE announced an administrative sanction against a bank in the country for non-compliance of the…

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