03/11/2019
Pakistan set to receive US$ 2 billion (Dh7.35 billion) deposit from the UAE
The new deposit is part of the UAE’s $3billion pledge to support Pakistan’s economy
Legal, Tax, Regulation & Compliance
03/11/2019
DIB shareholders approve $5 billion Sukuk issuance programme
Dubai Islamic Bank shareholders approved a resolution to authorise the board to issue senior Sukuk or similar debt instruments.
03/11/2019
UAE economy to grow 2.5% in 2019: central bank
It said economic activity in the non-oil sector would improve further in 2019 due to the effects of fiscal stimulus packages announced by Abu Dhabi and Dubai.
03/11/2019
Could ICOs be a better way to raise money?
That would make the UAE one of the first countries to establish clear guidelines for ICOs in what is largely an unregulated, opaque corner of the financial services sector.
03/11/2019
Turkey Enters First Recession in a Decade as Elections Loom
That matched the median estimate of economists in a Bloomberg survey.
03/11/2019
ESCA, ADGM AND DFSA Launch Fund Passporting Legislation
His Excellency noted that the implementation of the Passporting Agreement will enhance the UAE's position as an international financial centre and a platform for entrepreneurship.
03/11/2019
US Citizenship Specialists, American Dream, to Focus on Middle East Investors
EB-5 citizenship-by-investment programme extended until end of September 2019
03/08/2019
UK investigators criticised over Qatar fundraising probe
Bankers laughed at suggestion Qatar’s premier would provide services to Barclays
03/08/2019
Banker stands trial for embezzling Dh306k from customer's account
The case was registered at Bur Dubai police station.
03/07/2019
DFSA Restricts Former Relationship Manager
The firm did not know about Mr Mukherjee’s misconduct at the time it occurred and took appropriate action after discovering it, including informing the DFSA.
03/07/2019
Dubai International Financial Centre reaches new heights as it enters 15th year of operations
The Centre is home to the largest cluster of financial institutions and most diverse pool of financial talent in the MEASA region.
03/07/2019
Saudi Arabia said to mull raising tax on local banks
Sources say Gulf kingdom is considering plans to increase an Islamic tax paid by local banks to as much as 20%
03/06/2019
UAE Inheritance Framework Under Shariah Law
The law of inheritance in UAE is extensive and accommodate everyone irrespective of their religion and nationality.
03/06/2019
Middle East: The battle for regional dominance resumes
For nearly two decades Dubai has acted as the beating heart of Middle Eastern finance, but now its long-dormant rivals are mounting successful efforts to reclaim a piece of the action.
03/06/2019
DIFC's net profit soars to record Dh323 million in 2018 as more firms set up in Dubai's financial freezone
Financial services freezone's profit highest in history
03/06/2019
Middle East: Banking in an age of conflict
Civil war was then raging in Lebanon, and Beirut was split between warring factions.
03/06/2019
UAE bankruptcy law in effect: First firm restructured successfully
UAE bankruptcy law in effect: First firm restructured successfully
03/06/2019
Turkey expands Islamic banking sector, strives to become a regional hub
The share was up from $30.2bn, or 4.9%, in 2017, which translates into year-on-year growth of around 29%.
03/05/2019
Abu Dhabi's ADGM invites applications for its regulatory sandbox
Financial centre encourages financial technology and regulatory technology companies to apply in the fourth edition of Reglab
03/05/2019
Bahrain Economic Development Board announces the launch of Beehive Bahrain
Launch will unlock new opportunities for start-up's and investors in Bahrain and across the region