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Lebanon growth to slow to 2 percent in 2011

Lebanon's economic growth is likely to slow to 2 percent this year, Central Bank governor Riad Salameh told a banking conference on Thursday.

November 24, 2011 2:05
 

Malaysia IFSB names Bahrain c. bank gov as council chair

The Malaysia-based Islamic Financial Services Board (IFSB) named Bahrain's central bank governor, Rasheed al-Maraj, as chairman of the Islamic regulatory body's council for 2012, the IFSB said in a statement on Sunday.

November 20, 2011 11:29
 

Gulf banks safe from Euro woes – Oman central bank gov

Gulf states should be largely unaffected by the euro zone debt crisis as their banks have minimal exposure to the bloc's debt, the head of Oman's central bank said on Friday, though he warned that they would not be immune to a broader global slowdown.

November 19, 2011 1:32
 

UAE central bank gov concerned about Euro crisis

The UAE is concerned about the impact of a worsening European sovereign debt crisis but the OPEC member's central bank does not see a need for new liquidity measures for local banks, its head said on Tuesday.

November 15, 2011 11:48
 
IBAN blunders, already?

IBAN blunders, already?

The nationwide implementation of IBANs is a good thing. But Precious de Leon thinks gaffes are bound to happen along the way, especially with only a month before the deadline.

October 18, 2011 3:59
 

Syrian Central Bank curbs foreign currency sales

The Central Bank commission responsible for combating money laundering and terrorism financing said they should only offer foreign currency when there was "economic justification" for the transaction.

August 15, 2011 3:38
 
UAE to tighten banks’ liquidity management guidelines

UAE to tighten banks’ liquidity management guidelines

New rules to reduce severity of liquidity problems; Banks need to comply with new rules from September

June 1, 2011 2:19
 
Doha Bank sees no layoffs in Islamic business

Doha Bank sees no layoffs in Islamic business

Islamic bank employees retained, excess staff redeployed; Creating new project and risk advisory division at bank

May 24, 2011 3:00
 
Approval of UAE public debt law imminent

Approval of UAE public debt law imminent

Law would limit UAE government debt to 25 per cent of GDP $55bn, with the Central Bank expected to handle local issues.

May 11, 2011 10:16
 
Bahrain BFX to launch conventional trade after delay

Bahrain BFX to launch conventional trade after delay

Originally planned to launch on March 7, BFX seems finally set to launch in two weeks with the bourse to remaining in Bahrain despite recent unrest.

April 6, 2011 2:46
 
Oil near 2-1/2-year peak on Middle East, weak dollar

Oil near 2-1/2-year peak on Middle East, weak dollar

Central bankers claim no influence on oil prices but history says otherwise. Meanwhile, the Euro hits 14-month high as Libyan rebels call on NATO for more strikes.

April 6, 2011 2:38
 

Gulf monetary union will take time -KSA central bank governor

The Kingdom's central bank governor hopes that UAE re-join "when the time is right for them."

March 26, 2011 4:22
 
Hold the phone

Hold the phone

Sniff. Sniff. Will cold calls eventually be a thing of the past?

March 22, 2011 12:50
 

UAE sees no capital outflows due to unrest -Central Bank

Dollar peg not seen at risk from potential outflows; C.bank gov says not worried about inflation; Inflation seen in very low single-digits

March 10, 2011 3:51
 
Some (generally) good moves

Some (generally) good moves

The Central Banks new retail banking rules are a welcome intervention… for the most part. There’s just one little thing bothering us.

February 28, 2011 3:06