Bahraini banks to adopt Basel III standards

Bahraini banks will be fully ready to implement the Basel III international banking standards on new capital requirements by next year, the governor of the Central Bank of Bahrain aid.


Bahrain banking sector 'resilient'

Central Bank of Bahrain Governor Rasheed Al Maraj said the kingdom's banking sector remains very resilient and requirements to enhance the liquidity and reserves under Basel III will further bolster it.


Bird & Bird boosts Middle East presence with key appointments

Bird & Bird’s sector capabilities in the Middle East now extend to Aerospace, Defence & Security, Aviation, Communications, Energy & Utilities, Franchising and Hospitality, Healthcare, Information Technology, Media and Sport, and operati


KSA banks continue to show resilience

Saudi Arabia’s banking sector is being urged to shun its conservatism and start lending to the SME and housing sectors, while the government and regulators need to play their part as facilitators to drive this change.


Thirty wealthy Gulf investors sign up for $1.3m EU passport scheme

Around 30 wealthy Gulf residents have expressed their interest in signing up for a controversial Maltese scheme offering European citizenship in return for investment of about $1.3m, with seven applications already submitted to Maltese officials for appro


Group is seeking debt deal

Thirteen former bank officials are currently standing trial in Bahrain's High Criminal Court on charges of corruption.