Batelco, a leading Communications solutions company in Bahrain, recently held an Enterprise Risk Management (ERM) Workshop with the aim to keep its staff up to date with recent trends and best practices in the risk management field.
Finansinvest, based in Istanbul, Turkey, has adopted a trading and risk management solution IT leader SunGard, which will help the firm source and trade liquidity at the right price in multiple asset classes.
Forty-one per cent of insurance companies in Saudi Arabia and the UAE believe there is a need to improve their overall risk management framework, according to a new study.
Due to increasing regulatory requirements, risk management
The UAE Internal Audit Association (UAE IAA) and the Institute of Risk Management (IRM) have signed a Memorandum of Understanding to promote and improve good risk management within the internal audit profession.
The memorandum out
Risk management is a big challenge for all financial institutions today and they must adopt stricter auditing systems with more constraints on activities and practices to cope in the coming period, said a top banking official.
Key EPC (Engineering, Procurement and Construction) issues such as project risk management and cost control will be thoroughly discussed by renowned experts of the industry at an upcoming EPC forum in Abu Dhabi.
Following the success of
Deutsche Bank, a leading global investment bank, has been awarded “Best Risk Management House in the Middle East" and "Best Investment Bank in Saudi Arabia" in Euromoney's Awards for Excellence 2012.
Ashok Aram, CEO Deutsche Bank, Mena sai
The Bahrain Institute of Banking and Finance (BIBF) has announced the signing of a MoU with the Global Association of Risk Professionals (GARP) for collaborating to market, train and certify young professionals in the area of risk management.
Lloyd's Register, a leading maritime risk management firm, has shut its operations in Iran and can no longer vouch for the safety of the Opec member's fleet due to Western sanctions, the head of the company told Reuters.
Majority of the companies in Bahrain said addressing the issue of managing risk was a key priority, according to a major European and Middle East business survey released this week by KPMG.
The survey incorporates feedback from around 2,90