04/12/2018
Kuwait mulls law to regulate, develop insurance industry
Insurance sector plays key role in economy: Official
Legal, Tax, Regulation & Compliance
04/12/2018
Qatar attracts hefty demand for comeback international bond
Qatar plans to price later on Thursday bonds with maturities of five, 10 and 30 years.
04/12/2018
Saudi’s General Investment Authority grants 4 French companies investment licenses
Al-Omar confirmed that SAGIA is working on establishing better practices and techniques that can facilitate the work for investors in the Kingdom
04/11/2018
AlexBank, Jordan Post sign agreement to enhance remittances service
The Bank of Alexandria (AlexBank) announced on Monday in Amman the signature of a partnership agreement with the Jordan Post Company to facilitate the transferring of remittances to Egypt.
04/11/2018
President ratifies international agreements
Khalifa ratifies a number of bilateral agreements between UAE and friendly countries
04/11/2018
Equal pay cleared
Sheikh Mohammed also issued a decision no.5 for 2018 on the executive regulations of the federal law no.20 for 2016 on the mortgage of movable assets to secure a debt.
04/10/2018
Turkcell’s Eurobond Attracts Strong Demand from Global Investors
Turkcell's previous 10-year Eurobond issue was in 2015
04/10/2018
Bahrain to host 2018 ME Asset Management Forum
The asset management industry is now entering an exciting stage in its evolution in the MENA region amid the current developments and economic progress initiatives.
04/09/2018
Canara Bank to shut three branches in Leicester, Bahrain and Shanghai
Rakesh Sharma, bank's managing director and chief executive officer, told Business Standard that the board of directors had given a nod for overseas branch rationalisation plan
04/09/2018
Bank of India gets UAE central bank’s approval to close Dubai branch
The public sector bank has identified nine foreign branches /subsidiaries/ representative offices for closure.
04/09/2018
Bedell Cristin advises on King's Cross sale
The property comprises 250,000 square feet spread across 30 buildings, including nearly 200,000 square feet of offices, historic warehouses and retail space, adjacent to King’s Cross station.
04/05/2018
Abu Dhabi courts fine employers violating labour law up to Dh5m
Judicial department acts tough to protect workers
04/05/2018
Beirut: Arab Banks Mobilize Efforts Against Money Laundering
The technical development of the Internal Security Forces would play a key and preliminary role in fighting money laundering and funding terrorism, he stated.
04/04/2018
Oman central bank eases capital, lending curbs in bid to spur growth
Oman was the only one of the Gulf’s six wealthy oil exporters where banks’ operating profits shrank last year, Boston Consulting Group found
04/04/2018
Corporate governance: Someone to watch over me?
Some firms are taking corporate governance more seriously, but more action from regulators may be needed to lift standards
04/04/2018
Reason logic in tax on expat remittances
The government, represented by the Central Bank of Kuwait, agreed with the legislative committee’s opinion.
04/04/2018
NBO partners with Axis Bank to offer banking services to NRIs
Similarly, Axis Bank will assist Indian nationals who are moving to Oman in managing their finances abroad seamlessly.
04/04/2018
Bahrain accuses shuttered bank of busting Iran sanctions
Auditors accuse the bank of financing terrorism, money laundering, and providing phantom loans to companies under the Iranian Revolutionary Guard Corps.
04/04/2018
Qatar Central Bank says reserves ‘more than enough’ to cope with blockade
The bank’s liquidity is stable, he pointed out, and is actually improving with the rise in energy prices.
04/04/2018
Qatar's market manipulation fears fueled by 'abnormal' derivative moves: bank CEO
Al-Kuwari said QNB was cooperating with the central bank in its investigation and had been “supplying them with any information or data they asked us to supply them with.”