Islami Bank plans to open representative office in Dubai
Islami Bank Bangladesh has recently sought regulatory approval to set up a representative office in Dubai to facilitate trade and…
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GCC trio in talks to drive regional fintech industry
Saudi Arabia is reportedly in talks with UAE and Bahrain to establish a coordinated approach to the regulation and nurturing…
Push to set up banking arbitration
Bahrain Association of Banks (BAB) held a meeting with the Justice, Islamic Affairs and Endowments Ministry to review its project…
The Effects of Expats’ Departure on Real Estate Market in Kuwait
A number of real estate experts affirmed that the recent departure of a large number of expatriates from the country…
Shuaa Capital seeks licence to manage IPOs
Investment bank Shuaa Capital on Sunday called a shareholders' meeting to seek approval for share buyback and also to initiate…
Kuwait’s Warba Bank receives licence to conduct securities activities
Kuwait-based Warba Bank announced that it has obtained licence from the Capital Market Authority (CMA) to engage in certain securities…
Burgan Bank’s operations in Turkey fully hedged against lira fluctuations
Burgan Bank Group commented yesterday, in light of the current situation in Turkey, that Burgan Bank A S – Turkey…
Emirates Islamic offers incentive on EV financing
Emirates Islamic, a leading Islamic financial institution in the UAE, is encouraging customers to Go Green by offering up to…
Dubai crypto firm says working with GCC regulators to overcome Saudi ban
BitOasis, the Dubai-based cryptocurrency exchange, has said it is working with regulators across its key markets across the GCC to…
These UAE private sector workers will get a six-day holiday
Expecting a low turnout of employees as well continuity of operations, some companies in the UAE have switched Eid Al…
DFSA applies limits on Abraaj Capital’s activities in DIFC
Abraaj Capital Limited (ACL), the only company belonging to the beleaguered Abraaj Group, regulated by the Dubai Financial Services Authority…
Saudi banks see no significant impact from lira depreciation
There has been no significant impact from the depreciation of the Turkish lira on the results and quality of Saudi…