09/08/2019
Whistleblower says bank has blood on its hands: RAF veteran claims Standard Chartered helped Iran terrorists, ahead of court battle
RAF veteran claims Standard Chartered helped Iran terrorists
Legal, Tax, Regulation & Compliance
09/06/2019
Qatar- Chidambaram sent to Tihar jail economic offenders' wing
The senior Congress leader, who was arrested by the CBI in the case last month and had undergone interrogation, will be lodged in Tihar Jail till September 19.
09/06/2019
Gulf economies: All that glitters is not gold
Qatar, in a counterintuitive strategy that has earned it the ire of the rulers of Saudi Arabia and the UAE, has sought to achieve the same goal by attempting to be on the right side of the region’s forces of change.
09/05/2019
BAB and Jordan bank discuss co-operation
During the meeting, BOJ applied for BAB membership and also announced its support for the 100th anniversary celebration of Bahrain’s banking sector .
09/05/2019
UAE federation highlights well-capitalised, highly liquid UAE banking sector
UAE banking sector remains well-capitalised, highly liquid, sound, and stable
09/05/2019
UAE banks well-capitalised, says UBF
System-wide capital adequacy ratio reached 17.5 per cent in 2018
09/05/2019
New Digital-Only Trade Bank Takes On The Establishment
Digital banks continue to evolve and grow.
09/05/2019
Warning: You have not won a prize ... it’s a scam; money exchange in UAE warns customers against scam messages
Customers received SMS and phone about winning major cash prizes
09/04/2019
Financial services litigation procedure in United Arab Emirates
Such legal experts may be asked by the judge to provide an expert report on technical aspects of the financial dispute.
09/03/2019
QIMC signs agreement with Doha Bank to finance QR230m project
The cost of the project is estimated to be about QR230m.
09/03/2019
Financial guarantee of KD 40,000 for domestic recruitment bureaus
She explained the imposition of financial guarantee on the license applicant is aimed at protecting the employer and the domestic worker in case the recruitment bureau or the company infringes laws concerning the recruitment of domestic workers in Kuwait
09/03/2019
Christie’s expert hunts for stolen millions in lawsuit against Bank of Valletta
International art expert holds BOV responsible for lack of due diligence after stolen milllions passed through companies set up by auditor Joe Sammut in alleged ‘Gaddafi’ ruse
09/02/2019
Abu Dhabi plans first dollar bond issue in two years - sources
Governments in the Gulf Cooperation Council region have borrowed billions of dollars globally over the past few years to refill state coffers hit by lower oil prices.
09/02/2019
UAE’s Utico Signs Restructuring Agreement With Hyflux
Utico says that with the support of Hyflux’s board and management, "swift action" will be taken to bring all projects up to speed, as well as take on new projects
09/02/2019
Dubai Land Department & BSA launch joint initiative to streamline UAE’s real estate sector
The new initiative will especially facilitate the purchase and sale of properties by corporate entities with ultimate foreign ownership, therefore opening up the market to more corporate investors.
09/02/2019
Banks in Qatar to issue uniform demand guarantee letter soon
This will have a positive impact on the investment climate in Qatar and attract more foreign investments to the local market,” said Sheikha Tamader Al Thani, Director of International Relations and Chamber Affairs at ICC Qatar.
08/30/2019
U.S. sanctions Lebanon's Jammal Trust Bank for ties to Hezbollah
Treasury is targeting Jammal Trust Bank and its subsidiaries for brazenly enabling Hizballah’s financial activities.
08/28/2019
UAE Central Bank assets rises to Dh2,975.8 billion
UAE Central Bank’s Money Supply aggregate M1 decreased by one per cent
08/28/2019
RAKBANK partners with CRIF GULF DWC (Dun & Bradstreet) to offer SMEs business information, risk and compliance solutions
Customers will have access to great discounts on the aforementioned services to facilitate their business, making it more efficient, effective, and secure
08/27/2019
Qatar-controlled bank investigated by UK over money laundering
Al Rayan has come under scrutiny after it was revealed some clients have links to terror and extremist groups, including the Muslim Brotherhood and Hamas