The Dubai Police have arrested 180 suspects for financial fraud in the first five months of the year, said a report.
About Dh609 million ($165.7 million) worth scams involved money-doubling fraud by ‘sorc
Egyptian investment bank Beltone Financial will discuss the possibility of splitting its shares on Monday, it said in a statement to the Cairo stock exchange.
Last week Beltone said that, together with a group
Bahrain has been urged to introduce strict conditions to ensure classified financial information is not leaked to public.
The Bankers Union says the findings of a government inquiry that confidential documents
Dubai Financial Market (DFM) said its UAE listed companies have shown a 96.7 percent compliance to disclose their annual results for 2013 within the three-month deadline from the end of the financial year.
Qatar's financial regulator has reprimanded Royal Bank of Scotland for insufficient training of its branch staff, it said on Tuesday.
"Although RBS QFC had a programme in place, it was deficient in a number of material re
International law firm Trowers & Hamlins are set to host a seminar about the Middle East’s biggest financial collapse caused by financial crime on March 3 in Muscat.
The breakfast seminar, which will be held at the Grand
Bahrain-based Securities and Investment Company (Sico) has reported a consolidated net profit of BD5.1 million ($13.5 million) for last year, up 76 per cent when compared to BD2.9 million registered in 2012.
The bank's operati
Chief economists and experts are set to debate regional and global economic outlook on financial strategy at an upcoming forum in Bahrain.
The Euromoney GCC Financial Forum will take place on March 4 and 5 at the Ritz-Carlton Hote
Bahrain's Crown Prince last night pledged action over issues and violations highlighted in the Financial Audit Bureau report.
This came as His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince, Deputy Supreme Com
International newspaper the Financial Times has apologised for mistakenly identifying Foreign Minister Shaikh Khalid bin Ahmed Al Khalifa as a prisoner at Guantanamo Bay.
The London-based daily published a photograph of Shaikh Kha