12/24/2018
The new 10-year $1.31 billion refinancing contains all existing commercial lenders active in the Middle Eastern project finance market, and was required due to the original financing taking place in mid-2009, during the global financial crisis.
12/23/2018
Government’s deputy transport minister takes over as chairman
12/23/2018
A “regulatory sandbox,” as explained by The National, is a “framework that facilitates the development of the financial technology industry.”
12/21/2018
New research says it will take a generation to replace large number of foreign workers with Kuwaiti ones
12/20/2018
He discovered that his registered SIM card number was replaced with another one.
12/20/2018
Conflicting demands for seats in new cabinet
12/20/2018
When the bank discovered the incident, they checked the employee’s work and the second suspect’s account and later forwarded them to the competent authorities and then to the court.
12/20/2018
DIFC proposes to add a different type of investment company for managing multiple funds
12/20/2018
The source added that a number of international banks filed requests to join the Egyptian market.
12/20/2018
The message directs receivers to a malicious website.
12/20/2018
Qatar will not introduce VAT in 2019, the Qatar Ministry of Finance (MoF) has announced. However, it has established a tax authority which will be in charge of the implementation of all tax laws, not just VAT.
12/19/2018
Increasing transparency
12/19/2018
The DIFC now has almost 70 Funds, most of which have been registered over the last two years.
12/18/2018
“I am thankful to the ICAEW for this recognition."
12/18/2018
The UAE's monetary base has also expanded 6 percent to an 11-month high
12/18/2018
Egypt's economy is still dwindling after the 2011 uprising ushered in political and economic instability.
12/18/2018
Turkish exporters to be provided $1B financing as per agreement, says Turkish lender Aktif Bank
12/18/2018
The project will first be implemented in the financial industry and will later be implemented in other industries as well.
12/17/2018
The central bank said in a statement it had been working with the bank and the government of Sharjah to develop a plan to strengthen the lender’s capital base.
12/17/2018
But the US says Skycom was actually an unofficial subsidiary, helping Huawei evade US and EU sanctions on Iran