Two of India’s biggest banks hit by fines for non-compliance
India’s largest bank gets penalised $1m, while another is fined for cyber security lapses
Author: Mark Battersby
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Two fixed maturity plan tranches raise big sums in UAE
Exclusive partnership between Noor Bank and Azuimut (DIFC), as Eastspring teams up with Standard Chartered
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Dubai regulator warns of unlicenced financial services firm
False claims on website that it is a broker regulated by the Dubai Financial Services Authority
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MSCI to upgrade Kuwait index to emerging market status
Inflows of $2.8bn from passive funds expected to the Gulf nation’s $98bn stock market
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Indian billionaire gets 10-year UAE Visa
The Abu Dhabi resident has lived in the UAE for 46 years, building a healthcare empire
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DIFC rolls out ‘crucial’ insolvency law in cross-border move
New regime based on international standards to ensure business and investor confidence in the region
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Dubai Islamic Bank gets regulatory thumbs up to buy Noor Bank
One of the largest and oldest Islamic banks in the world, DIB has ambitions to enter new markets
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Indian businessmen feature heavily in raft of UAE Visa permits
Among prominent names to gain new Visas are the chairmen of ITL Cosmos Group and LuLu Group
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Goldman Sachs opens $250m office in India
Its presence in Bengalura is the third largest by headcount of all its offices worldwide
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Four top asset managers drill down into Modi’s election win
Where next for the policy narrative and sector plays in India’s economy?
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Clyde & Co hires ex-regulator to head investigations practice
The move reflects an ‘ever increasing need’ for regulatory advice in the Middle East
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Indian names stand out in latest UK rich list
The Hinduja family tops the charts while fund manager Schroders is one of the biggest fallers