Government Prepares Draft Law to Allow Foreign Companies to Operate Payment Services in Nepal

Kathmandu – The government has prepared a draft amendment to the Payment and Settlement Act,

UAE banks’ profits to rise in 2025, Moody’s warns returns to stay under pressure

The UAE’s biggest banks are enjoying stronger profits in 2025, but Moody’s Ratings warns that

Nepal to block 26 social media platforms including Facebook, X and YouTube

The decision was taken at a ministerial-level meeting chaired by Minister for Communication and Information

Nepali Fintech Entrepreneur Biswas Dhakal’s UAE-Based Company FILPS Ltd. Signs MoU with AB Bank of Bangladesh for AI driven Lending Solution

Banking News – Nepali fintech entrepreneur and Chairman of F1Soft Group, Biswas Dhakal, has taken

AM Best Publishes Annual Review of Global Reinsurance Industry;Analysis Highlights Reinsurers’ Discipline in Transitioning Market

OLDWICK — As reinsurance industry leaders prepare to gather in Monte Carlo for the annual

AM Best Places Credit Ratings of Sompo Japan Insurance Inc. and Its Subsidiaries Under Review With Positive Implications​​​​

HONG KONG — AM Best has placed under review with positive implications the Financial Strength Rating

CSB Bank plans to open first rep office in Dubai

Fairfax-backed CSB Bank is for the first time planning to expand overseas. The Kerala-based bank has applied

UAE markets slip ahead of US inflation data; oil weighs on sentiment

Stock markets in the United Arab Emirates finished lower on Friday as investors adopted a

Best’s Market Segment Report: Global Life/Annuity Reinsurers’ Capital Management Strategies Evolve to Achieve Target Returns, Meet Needs of Cedents

OLDWICK — Flourishing annuity sales, using reinsurance as a capital management strategy and rising competition

AM Best Releases Revised Criteria Procedure: ‘Rating Captives andOther Alternative Risk Transfer Entities’

OLDWICK — AM Best has released its revised criteria procedure “Rating Captives and Other Alternative Risk