02/19/2019
The new UAE Central Bank law
The New Central Bank Law reconfirms the UAE Central Bank
Legal, Tax, Regulation & Compliance
02/19/2019
Bahrain power firm closes $1.3bn refinancing deal
Al Dur Power & Water Company announces successful closure of a refinancing facility provided by a syndicate of 20 banks
02/19/2019
The New Anti-Money Laundering Law
The new law requires that the financial institutions, businesses and professionals continuously perfor
02/19/2019
United Arab Emirates: Are You Criminally Liable For Bounced Cheque?
On the other hand, a bounced cheque is also known as a dishonoured cheque
02/19/2019
Deadline approaching on Bahrain robo advice consultation
The draft rules set out in the consultation place an obligation on firms to record the extent of any client profiling
02/19/2019
Bank manager in Dubai fakes signature, embezzles Dh10 million
The accused abused his post to embezzle the huge amount.
02/19/2019
UAE Central Bank Announces M1 Increased To AED486 Billion
M3 mainly rose due to an AED3.7 billion increase in Government Deposits and an increased M1, overriding the reduction in M2.
02/18/2019
Etihad Credit Insurance partners with Standard Chartered Bank
The collaboration will provide seamless access to trade credit solutions and funding for UAE businesses which are aiming to establish their presence locally and globally
02/18/2019
Falcon to discontinue UK operations
Falcon will continue to provide custodian services to its UK clients, whose wealth management needs will be served by Dolfin upon completion of the transaction.
02/17/2019
Turkish central bank changes reserve levels to encourage lending
Economy is on track to cap 2018 with two consecutive quarters of contraction
02/17/2019
Yaser Dajani: A corporate sleuth for the digital era
Snooping through trash bins for clues? That’s so ’90s, says the investigator using high-tech skills to stay ahead of the pack
02/14/2019
Growing demand for second passports: Vazir Group
Vazir Group, the UAE-based migration services firm, reports a growing demand in the region for second passports and permanent residency visas.
02/14/2019
EU adds Saudi Arabia to dirty-money blacklist, upsets Britain
Apart from reputational damage, inclusion on the list complicates financial relations with the EU.
02/14/2019
Khalifa Fund signs MoU with Central Bank of UAE
The agreement allows the fund to deduct the amount due from entrepreneurs
02/14/2019
UAE Insurance Authority pushes ahead with stringent life insurance regulations
The government body published the third draft of its new measures, firming up its bid to overhaul the life industry
02/14/2019
Saudi central bank governor sees no impact from EU decision
The EU added Saudi Arabia, Panama and four US territories on Wednesday to a blacklist of nations seen as posing a threat to the bloc
02/14/2019
Saudi investment is ‘bilateral’: Qureshi
During prime minister's visit to Riyadh, Saudi leadership desired to turn the friendly relations into a strong economic partnership, he added.
02/13/2019
UAE regulator drafts commissions cap
The ruling - while only a draft at this stage - could see a large number of financial advisers within the region forced to take a dramatic cut in earnings or potentially move to a fee-based model.
02/13/2019
World Bank to Establish its UAE Office in Abu Dhabi Global Market
The agreement was signed by Issam Abousleiman, Country Director for the GCC countries, World Bank Group and Khalid Al Suwaidi, Chief Operating Officer, ADGM.
02/13/2019
More deals signed as Jordan, Kuwait wrap up joint panel meetings
The two sides signed 17 agreements, memoranda of understanding and executive programmes in various fields to enhance cooperation.