Global banking supervisors are reviewing a rule that allows banks to hold little or no capital against risky sovereign debt held on their books.
The so-called zero-risk weighting rule was heavily criticised during the euro zone de
Bahrainis can now stay an extra month in Thailand without requiring a visa.
Thai authorities have introduced new policy on visa extensions for citizens from almost 50 countries including Bahrain, the UAE, Oman, Qatar and Kuwait, s
Swiss authorities have warned that a plan by Etihad Airways to buy a third of Switzerland's Darwin Airline does not meet legal requirements to be approved, as foreign stakes in European airlines come under increasing scrutiny.
New rules allowing all of Bahrain's hotels to legally serve sheesha year-round have finally been approved by all five municipal councils.
Previously, the traditional tobacco pipe was only supposed to be ser
Tougher construction regulations will soon be introduced in Manama after 15 cars were damaged when high winds blew aluminium cladding off a multi-storey building.
The Manama Municipality is spearheading the ini
Hundreds of low-income families across Bahrain could lose their only source of income as a result of new rules governing home businesses.
People can no longer modify their houses for such purposes if they are n
Thomson Reuters has announced the publication of a new proposed Matching Rule Book for the entire Thomson Reuters Matching community and designed to reflect a higher standard for acceptable trading behaviours in foreign exchange.
RAK Properties, Ras Al Khaimah-based biggest property developer, has lauded UAE Central Bank’s new mortgage rules as ‘a major step in the real estate sector’s journey towards greater maturity.’
By virtue of
A Bahrain court will decide next month whether two women seeking sex changes will be allowed to undergo a life-changing operation, said a report.
Judges are reviewing the case of the Bahrainis, who allegedly suffer from Gender Ide
Egypt's financial regulator plans measures by early next year that would allow the launch of exchange-traded funds, spur bond trading and cut red tape to stimulate growth in an economy hammered by nearly three years of political turmoil.