Lenders benefit from infrastructure project work at home and abroad while sharpening digital offerings
After a brief respite in 2022, Kuwait’s economy once again slips back into structural deficit
Bahrain’s minister of industry and commerce discusses how sustainability is being woven into the country’s industrial development strategy
Higher interest rates have boosted profitability, even as a competitive market weighs on net interest margins
The smallest economy in the Gulf is looking to build on closer US ties and a steady rise in FDI
Financial regulators have artificial intelligence in their cross-hairs as the technology’s use rapidly expands within the capital markets ecosystem.
Lenders are opting for the standardised approach to calculate their capital requirements, rather than internal models.
Lenders in the UAE are increasingly keen to burnish their green credentials ahead of COP28, which begins next month.
HE Sheikh Bandar Bin Mohammed Bin Saoud Al-Thani, governor of the Qatar Central Bank, talks about the country’s fintech and CBDC strategies and how the bank is nurturing the growth of Islamic finance.
The GCC’s most diversified economy is set to outperform its neighbours amid this year’s fluctuating oil prices.
The country is an outlier internationally, with a large proportion of AT1s held by domestic retail investors. Regulator Apra believes this would make it particularly challenging to use AT1s during the recapitalisation of a bank in resolution.
Regulatory incentives could be on the way for commercial banks to help develop their local currency trading and settlement infrastructure.
Risks facing banks whose businesses straddle highly regulated home markets and countries with ill-defined rules and lower transparency standards are growing.
A booming crypto market in Indonesia impacts moves towards transparency and investor protection.
The Fed’s Basel III endgame could increase banks’ capital for trading by 60%.
Is Purpose Bound Money a game changer for the future of digital money?
To build on MiCA, nuance is needed to avoid overburdensome regulation.
The Basel rulebook revamp is presenting a panoply of issues for banks across the region as the deadline for implementation draws closer.
Politicians are coming under fire for the country’s lax approach to fighting the financing of crime.
While the impact of higher gas prices is set to ease in the short term, expansion of the North Field LNG project will underpin economic growth in the coming years.