China’s banking regulator has ordered shareholders that have acquired more than 5% stakes in commercial banks to reduce their holdings within a year.
The regulator issued business improvement orders to Coincheck and six other exchanges
Central banks of Bahrain, Jordan, Egypt as well as 40 banks, financial institutions from the region will attend the forum
The new secure network will act as the primary communication hub to perform real-time inter-bank payments settlement
Britain will continue to make the case for the partial public listing of Saudi oil firm Aramco to be conducted in London, says Alistair Burt
Exchange chairman says work needs to be done to boost supply of, and demand for shares, if its market is to continue.
Bank ABC, Bank Muscat, Citi, Credit Agricole CIB, Emirates NBD Capital, First Abu Dhabi Bank, HSBC and ICBC Standard Bank are the joint bookrunners.
Al Khaled says he expects another 5-6 PPP projects to follow proposed IPO of Shamal Azzour Al-Oula project.
Franklin Templeton Investments on Wednesday named Invesco Powershares executive Caroline Baron as head of ETF sales, EMEA.
Fitch rates India as BBB-, the lowest investment grade sovereign rating, with a stable outlook.