02/28/2020
The financial sector in general and Islamic finance in particular remains one of the main pillars of the national economy as the country further strengthens its economic diversification strategy.
02/27/2020
The number of enforcement cases also rose 35 per cent to 251 with a total claim amount of Dhs2.6bn
02/27/2020
The agreement follows DIFC Authority and DIFC FinTech Hive's recent participation during the Singapore FinTech Festival
02/27/2020
The Central Bank of the Republic of Turkey is authorized to set the rates of the 51 fees listed in Annex I of the Communiqué.
02/27/2020
The Amendments re-determined bank’s risk groups to include the spouses and children of individuals previously listed in a relevant bank’s risk group.
02/27/2020
The Amendments limit the persons that can bid their shares in a tendker offer to existing shareholders by the tender offer’s public disclosure date, and prevent shareholders who acquired any shares between this date and the date of the tender offer
02/26/2020
Our update now covers a number of jurisdictions.
02/26/2020
King Salman upgrades the government bodies overseeing the three portfolios of sport, tourism and investment to individual ministries
02/26/2020
First Abu Dhabi Bank general assembly also elects new board members, increasing the size of board from nine to 11 members
02/26/2020
Physical presence in Saudi needs to be maintained for digital-only banks
02/26/2020
The new move will support banks' asset quality and improve profitability
02/26/2020
Bitcoin and most cryptocurrencies are synonymous with extreme bouts of volatility.
02/26/2020
The investment product has achieved for its holders a cash dividend of 9% annually, whereby the profits are distributed every three months, while the internal return on investment of the product is about 12%
02/26/2020
The country is trapped in a full-scale emergency that could unravel social bonds
02/26/2020
Disputes filed include breach of contract, outstanding payments
02/25/2020
Heavily indebted state under pressure to decide how it will tackle maturing sovereign debt
02/25/2020
The centre is seen as the next step in public and private collaboration
02/25/2020
There are no direct flights between Qatar and the four Arab states.
02/25/2020
Of Saudi Arabia’s 33 insurance companies, 10 made a loss last year, with the bulk of profits being earned by two companies — Bupa Arabia and Tawuniya
02/25/2020
Enness Limited acted outside the limits of its DIFC Representative Office Licence