05/08/2019
Jersey partners with Bahrain on digital innovation
"Today is a landmark day in the story of Jersey's growing and thriving tech sector.
Legal, Tax, Regulation & Compliance
05/08/2019
Financial Connectivity Boosts Performance of Saudi Enforcement Courts
The service compliments the role between Justice Ministry and SAMA, helping both entities regulate relevant work with efficiency.
05/08/2019
DWF advises Neutral Capital Finance PLC on US$50m green Eurobond programme
The Bonds will fund Neutral Fuels LLC's expansion plans in the UAE
05/08/2019
Abraaj founder does not post $20m bail, remains in jail
Arif Naqvi was granted bail on Friday by the UK court
05/07/2019
Bank Audi signs final agreement for acquisition of NBG Egypt
The NBG stopped its activity in Egypt in 1961, however, it returned by opening a representative office in Cairo in 1975 and by 1979, it had opened its first branch.
05/06/2019
Eagle Hills Diyar signs agreement with UAE banks
Marassi Al Bahrain represents a remarkable addition to Bahrain's real estate landscape and a key contributor to the national economy.
05/03/2019
ED files money laundering charge sheet against Zakir Naik
Once the court takes cognisance of the charge sheet, the agency will file an application under the Fugitive Economic Offenders Act, 2018 to declare him as a fugitive economic offender, said the official asking not to be named.
05/03/2019
UAE starts granting five-year residency visas to entrepreneurs
Entrepreneurs will have to meet certain conditions to be eligible for the visa
05/02/2019
Qatar Sues UAE, Saudi, And Luxembourg Banks Over Riyal Manipulation
The analyst got sued due to a supposed scheme to weaken and potentially destroy the QR.
05/02/2019
Finance House takes SMS Banking to the next level
"Finance House is proud to be the first Financial Institution in the UAE to offer Loan Top-up facilities to customers through SMS," added Al Amir Gamal
05/02/2019
Kuwait axes expat 5% tax remittance bill
Sources have told local news outlet Kuwaiti Times that parliament has dropped the bill on taxing expat remittances from its agenda for the current parliamentary term ending in June.
05/01/2019
Dubai ruler approves raft of major projects for the future
Sheikh Mohammed approves new projects including the Sky Garden, bicycle lanes and promenades at Sheikh Zayed Road, Umm Suqeim and Jumeirah Beach
05/01/2019
UAE insurance regulator sharpens its teeth
Insurance Authority set to enforce over 200 new fines on firms and brokers for not complying with its rules
05/01/2019
UAE fines 9 government service centres for poor performance
Move follows Sheikh Mohammed's investigation into poor service at an Emirates Post branch last week
04/30/2019
Saudi licences issued to foreign firms up 70% YoY
Saudi Arabia has worked to lessen restrictions on foreign investors, yet overall FDI into the kingdom remains lower than forecast.
04/30/2019
DFSA invites applications for its 2019 regulatory sandbox “Summer Cohort”
It provides firms temporary flexibility to test and develop concepts within the test environment subject to various restrictions and modifications.
04/29/2019
Market intervention shouldn’t be about spiking asset prices
It puts a needless burden on regulators in framing their actions during market shifts
04/29/2019
Federal Court’s landmark ruling puts Islamic banks at ease
The industry heaved a sigh of relief at the decision
04/29/2019
New £1.5billion fine threat for Standard Chartered over Iran link after a civil case is filed by whistleblowers
Bank could face a new £1.5bn fine for breaking US sanctions against Iran
04/29/2019
QBIC launches programme to help fashion designers do business
The new programme also comprises of an acceleration phase that is delivered in Milan, Italy