04/23/2019
Jersey Finance Developments in the Middle East
There is also a notable increase in the connectivity between the UAE and East Africa, specifically Kenya.
Legal, Tax, Regulation & Compliance
04/23/2019
Bahrain set to host InsurByte conference in June
The conference will host keynote speeches, panel discussions, fireside chats, hands-on workshops, networking sessions, and case studies from prominent players in the InsurTech sector, as well as insurance professionals.
04/23/2019
UAE, Saudi Arabia provide $US3 billion in assistance to Sudan
The assistance bundle entails $500 million deposit into Sudan's central bank to strengthen the country's liquidity and monetary reserves.
04/23/2019
The benefits of opening an offshore company in the UAE for your business
Offshore companies in the UAE are able to ensure maximum confidentiality and security of financial assets.
04/23/2019
British University in Dubai, Dubai Blockchain Center, University of Nicosia supporting knowledge transfer in blockchain technology
British University in Dubai, Dubai Blockchain Center and University of Nicosia sign a Memorandum of Understanding
04/23/2019
DFSA takes action to protect the integrity of Islamic Finance
The DFSA decided not to take any action against the firm that employed Mr Barnett and Mr Steer.
04/18/2019
Turkey's last-resort lending facility tapped, funding costs rise
It was the first time the facility was used since the central bank normalised its policy operations in June last year, just before a punishing currency crisis set in.
04/18/2019
Central Bank of Oman issues bank resolution framework
The framework puts in place effective procedures to ensure that in the extreme event of any problems occurring at banks, the damage to the entire financial system is kept at the minimum.
04/18/2019
Consumer loss barometer highlights disconnect in the event of a data breach: KPMG
Latest KPMG report reveals mismatch between consumer expectations and security executive priorities
04/17/2019
Albayrak Says Turkey's First Recession in Decade May Be Over
He spoke after the government released statistics showing joblessness soaring, underscoring the economic challenges Turkey still faces.
04/17/2019
Dubai regulator in talks with US SEC over Abraaj arrests
Abraaj founder Arif Naqvi and a former executive were arrested in the US last week
04/17/2019
Dentons celebrates 50 years in the UAE
They discussed Dentons’ rich history and outlook, highlighting the firm’s growth here in the Emirates
04/17/2019
Dubai Islamic Economy Development Centre signs agreement with Hong Kong Trade Development Council
Memorandum of understanding with the Hong Kong Trade Development Council to exchange knowledge, and best practices in Islamic economy
04/17/2019
Maples Group Advises On Largest Tech Acquisition Deal In UAE
The transaction is the largest ever acquisition of a technology business in the United Arab Emirates
04/17/2019
Kuwait CMA and CISI announce enhanced qualifications pathway for capital market practitioners
The Project mainly aims to elevate competence and professionalism, technical capacity, and legal knowledge of Registered Employment Positions incumbents at licensed persons.
04/16/2019
Fraudulent bank employee fined Dhs612,000
The court imprisoned him for six months, ordered him to return the money and pay an equivalent fine.
04/16/2019
The "Financial Sector Conference" to host sessions attended by 2000 financial and business leaders
Under the patronage of the Custodian of the Two Holy Mosques with the theme "Promising Financial Prospects"
04/16/2019
AAOIFI honours Kuwait Finance House Group
This partnership comes in line with the bank’s strategy
04/16/2019
Pinsent Masons is named Industrial & Chemicals M&A Legal Advisor of the Year
International law firm, Pinsent Masons, has been named ‘Industrial and Chemical M&A Legal Advisor of the Year’ at this year’s Mergermarket Middle East Awards.
04/16/2019
Abu Dhabi Global Market Courts Issue Litigation Funding Rules
These Rules are yet another example of how we respond to the expectations of business and the community as the highly regarded courts of a successful and dynamic international financial centre.