Changes that have taken place inEgypt’s banking system
The changes that have taken place inEgypt’s banking system over the years since reforms were first introduced across the sector…
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Egypt's FRA awards Banque Misr non-banking financial activities licence
Egypt's Financial Regulatory Authority (FRA) has awarded Banque Misr an investment banking licence which allows it to exercise promotional activity…
Standard Chartered faces £10m Treasury fine
The Treasury is to slap Standard Chartered, the emerging markets lender, with a multimillion-pound fine for failing to prevent sanctions…
Lebanon's Central Bank Governor Was Just Awarded Among the Best in the World
For the second year in a row, Lebanon’s Central Bank Governor Riad Salameh has been awarded a top "A" grade…
Dubai International Financial Centre the End to End of Service Gratuity
Hot on the heels of recent updates to the DIFC employment law, DIFC Employment Law No. 2 of 2019, the…
IBC Group contracts BHHS Gulf Properties for an advisory brokerage role
UAE-based IBC Group has announced that it intends to acquire 10,000 premier properties in Dubai, to furnish and manage as…
QSE witnesses weakened buying interests of local retail investors, domestic funds
The Qatar Stock Exchange on Thursday witnessed weakened buying interests of local retail investors and domestic funds; leading it to…
Dubai’s a city in constant reinvention mode
“No city exists in the present tense” wrote James Stephens in 1923. “It is the only surviving mass statement of…
Turkey’s seasonally adjusted jobless rate hits highest on record
Turkey’s seasonally adjusted unemployment rate climbed to its highest level on record, statistical data showed on Thursday, despite a slight…
Abyaar Real Estate swings to losses in Q2
Abyaar Real Estate Development turned to losses during the second quarter of 2019. Net losses stood at KWD 19.67…
Qatar’s Islamic finance sector to get central regulation; profitability remains high
The Islamic finance sector in Qatar is moving towards a higher level: Efforts are underway to standardise and centralise the…
PIFSS approves merger of KFH and Bahrain Ahli Bank
The Public Institute for Social Security has initially approved the merger of Kuwait Finance House and the Ahli United Bank…