Tarek Amer will continue as Governor of the Central Bank of Egypt for a further four years, according to reports in the Egyptian press.
Alexander & Partner GCC Regulatory Update Q3
Alexander & Partner is pleased to present an update on recent financial regulatory initiatives in the GCC. This update covers the period from July to September 2019 and contains information on initiatives in Bahrain, Saudi Arabia and the UAE.
This Regulatory Update will be a regular feature on our website, with new updates being published approximately every quarter.
The Update is prepared by Dr. Nicholas Bremer, who is an attorney and partner at the international boutique law firm Alexander and Partner. Dr. Bremer leads the firm's Dubai and Cairo offices as well as its finance team. Dr. Bremer is fluent in English, Arabic and German.
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We are delighted to welcome Spector Constant & Williams (SCW) as one of our newsest corporate members. SCW is a newly-established London-based law firm whose staff have decades of experience. The photo is of George Constant, who will be the firm's main contact with the ABA
We honoured Isam al-Sager, Group CEO of National Bank of Kuwait, with our Award for Distinguished Service to Arab Banking, at our Gala Dinner in London on 23 October.
The KFH/Ahli United merger is moving forward; Fitch downgraded Saudi Arabia; Lebanese central bank Governor Riad Salame sought to reassure depositors that they would be able to withdraw dollars from banks, and the UAE dropped its ban on citizens travelling to Lebanon.