12/10/2020
Bahrain puts off new taxes, weighs longer relief
We want to see recovery take hold before any additional steps: finance minister
Legal, Tax, Regulation & Compliance
12/10/2020
Burgan Bank places $500mln Tier 2 bonds in debt market
The bonds comply with the Basel III regulatory framework
12/09/2020
Experts welcome Saudi Public Prosecution’s push to keep capital markets fair, honest
Agency reiterates crime of creating a false, misleading impression of the market to traders
12/09/2020
Egyptian banks' assets, reserves abroad jump 90% in 7 months
Adel pointed out that the Egyptian banks' assets and reserves abroad returned to their previous record levels, a matter which reflects the success of the monetary policy.
12/09/2020
Bahraini ministry plans to replace expats by 2024
49 foreign employees sacked over the past 2 years, says minister
12/09/2020
Egypt promotes comprehensive plan to confront overpopulation
It is a priority for the government because it constitutes great pressure on natural resources and the state budget.
12/09/2020
Turkish minister pledges accountability amid reforms to woo foreign investors
The Turkish lira briefly trimmed losses after the statement and was down 0.2% at 7.8236 per US dollar as of 11.23am in Istanbul.
12/09/2020
Egypt, French agency sign financing agreements- statement
The agreements were part of the 2019-2023 Strategic Partnership in Social and Economic Development between Egypt and France
12/08/2020
Central Bank of Egypt extends tourism, retail loan initiatives to 2021 end
The CBE also decided to extend the validity period of the retail loan initiative for workers in the tourism sector for a year, which will also conclude at the end of 2021.
12/08/2020
Gulf Bank Embarks On Multi-Year Multiexperience Transformation Journey With Avaya
The transformation journey began earlier in the year, when Avaya supported Gulf Bank at the height of the COVID-19 pandemic by providing remote agent licenses.
12/07/2020
Turkey Inflation – Back with a Vengeance
The Brazilian economy rebounded strongly in Q3 2020 (7.7% quarter-on-quarter).
12/07/2020
UAE's gold and jewellery industry is set for its biggest makeover yet
Creation of database and special committee to ensure greater transparency
12/07/2020
Saudi prince slams Israel in panel with Ashkenazi
Ashkenazi took part in the panel on “new security partnerships in the Middle East” via video link from the Foreign Ministry in Jerusalem.
12/04/2020
UAE expands 10-year residency golden visa eligibility
The United Arab Emirates is extending its golden visa system, which grants 10-year residency in the Gulf state, to certain professionals, specialised degree-holders and others.
12/04/2020
Saudi Arabia and UAE Declare Central Bank Digital Currency Pilot a Success
This promises to address the inefficiency and costs that are inherent in existing cross-border payment mechanisms.
12/04/2020
Turkish inflation hits 14% as monetary policy pressure mounts
Month-on-month, consumer prices rose 2.30% in November, the Turkish Statistical Institute said, compared with a Reuters poll forecast of 1.0%.
12/04/2020
Saudi Public Prosecution says giving false impression of capital market is ‘serious crime’
Performing a series of transactions on a specific security to influence on a particular stock.
12/04/2020
Bahrain to allow occupied West Bank goods to be labeled as 'Made in Israel'
"We will treat Israel and Israeli companies like we do Italian or German or Saudi companies, for that matter," he said.
12/03/2020
Fraud, corruption tackled during COVID-19: Saudi Central Bank
Governor Ahmed Abdul Karim Al-Kholifey on the measures the Kingdom has taken to fight financial crime
12/03/2020
Yemen central bank shuts firms linked to currency crash
The banned firms were established over the last five years when Yemen’s banking system fell apart amid the country’s civil war