Dubai Financial Services Authority (DFSA) has entered into 26 supervisory co-operation agreements with European Union (EU) and European Economic Area (EEA) regulators this year.
Under these agreements, each regulator agrees to hel
Egypt's regulator has no objections to the deal between EFG-Hermes and QInvest of Qatar to create an investment bank, the Egyptian investment bank said on Monday, giving a green light for the tie-up to go ahead.
Iraq's communications regulator has decided to fine mobile phone operator Asiacell $8,500 per day since September 1, 2011 for failing to list on the local stock exchange, a senior official at the body said on Tuesday.
Ahmed Alomary, commis
European banking regulators may ease demands on capital buffers for banks should a recent drop in sovereign debt yields prove lasting, Italian daily Corriere della Sera quoted European Banking Authority (EBA) chairman Andrea Enria as saying.
Egypt's regulator has rejected a request by Citadel Capital to raise its capital, citing reasons that included the failure of the private equity firm to give adequate justification, it said in a letter.
The regulator's letter, obta
Kuwait's cabinet has approved a draft decree appointing Hamed Al-Saif to head the Kuwaiti stock market, Kuna said.
He replaces Saleh Al-Falah who will be heading the new stock market regulator.
In February, the
Kuwait's cabinet has passed a draft decree appointing the director of the country's stock exchange as the head of the new stock market regulator, state news agency Kuna reported on Wednesday.
The draft decree app