UAE banking industry to tighten compliance on advertising claims
The banking industry body plans a crackdown on misleading advertising as part of a series of self-regulating measures. The…
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al khaliji partners with NBF for landmark structured finance deal for Pacific Controls
Al Khalij Commercial Bank (al khaliji) QSC, Qatar's next generation bank, along with National Bank of Fujairah (NBF) has announced…
Ethical Finance Innovation Challenge & Awards returns for third year
Each year the list gets longer: the biggest banks admitting guilt in LIBOR rigging, FX rigging, money laundering and other…
Bigger may not be better for Financial Centres
Chief Economist for Bahrain Economic Development Board Dr Jarmo Kotilaine stated globalisation of Islamic finance is a work in progress.…
HH Sheikh Hamdan bin Rashid Al Maktoum meets Chairman and Board of Directors of the UAE Central Bank
HH and the Chairman of the Board of Directors reviewed the UAE Central Bank’s latest plans and achievements in terms…
Sanctions-scarred banks may hold back Iran’s economic relief
Major banks wary of heavy US penalties will be reluctant to restore ties with Iran even if sanctions are lifted…
Why the DIFC’s new wills registry can bring more capital flows into Dubai
In recent years, Dubai has significantly raised its profile as a safe haven for capital from across the world. With…
UAE banks discuss plan for centralised Islamic finance board
The United Arab Emirates' bank industry association has discussed a proposal to create a centralised sharia board that would monitor…
ICBC becomes active in Turkey’s banking sector
Industrial and Commercial Bank of China Limited (ICBC) has announced that its acquisition of a 75.5 percent of stake in…
Abu Dhabi Islamic Bank eyes UAE expats as industry growth slows
Abu Dhabi Islamic Bank will focus on winning more business in the United Arab Emirates' expatriate community this year as…
Preparing for battle
In late March, the top brass at Abu Dhabi Global Market (ADGM) descended on the City of London to fill…
Qatar businesses urged to tap GSFTA, Asean trade benefits
Qatar businessmen have been urged to take advantage of the Gulf Cooperation Council-Singapore Free Trade Agreement and the Asean Economic…