02/27/2018
New remittance rules announced in Oman
The new rules will come into force from March 22, 2018.
Legal, Tax, Regulation & Compliance
02/27/2018
UAE, Latin America keen to expand trade ties
Dubai and Panama can use their synergies to bring the regions closer to increase trade and investments
02/27/2018
Saudi central bank chief: can deal with any pressure on dollar peg
Earlier this month, the central bank signed a deal with U.S.-based Ripple to help banks in the kingdom settle payments using blockchain software.
02/26/2018
First Abu Dhabi Bank to enter commercial banking in Saudi Arabia
UAE’s biggest lender by assets approved the distribution of cash dividends of Dh0.70 per share
02/26/2018
Saudi shares end lower on additional tax proposal
The company said terminating the contract would have no material financial impact on it.
02/26/2018
Saudi Arabia Extends Foreign Investment Licenses
Saudi Arabia is entering a crucial year for Crown Prince Mohammed bin Salman’s plan to remake the economy, dubbed Vision 2030
02/25/2018
Cross border synergies are vital for Qatar’s fintech sector development, says Doha Bank CEO
He said an ideal fintech ecosystem features available talent, well-informed investors, and a regulatory environment.
02/21/2018
Andersen Tax & Legal Launches in Egypt
Egypt is considered to be one of the highest growing markets in the world and our adoption of the Andersen name in Egypt has come at the perfect time,” added Global Chairman and Andersen Tax LLC CEO, Mark Vorsatz.
02/21/2018
Jordan grants citizenship, permanent residency to investors
Family members of any investor who are dependants would also be eligible for citizenship of permanent residency.
02/20/2018
Saudi Arabia emerges as MidEast's biggest deal maker
Country's Public Investment Fund spent about $54bn on investments last year, dwarfing regional rivals
02/19/2018
Switzerland and Saudi Arabia sign double-taxation agreement
The Swiss minister had arrived in Riyadh on Saturday for a four-day visit to the Middle East, accompanied by Swiss State Secretary for International Financial Matters Jörg Gasser, as well as representatives of some dozen Swiss financial institutions.
02/19/2018
Swiss Financial Trip to The Gulf Region
The Swiss vice president further said that Switzerland and Saudi Arabia have a long history of strong bilateral relations
02/19/2018
Are UAE advisers facing an era of greater regulatory scrutiny?
Following a landmark Dubai court case where an adviser was convicted of operating without a licence, there are indications that regulators in the UAE are about to step up their enforcement efforts. Three industry sources spoke to International Adviser on
02/19/2018
Dubai Regulator Gives Asset Management License To VC Firm MEVP
The development reflects the changing regulatory attitude in the U.A.E. towards venture capital.
02/19/2018
BankDhofar signs agreement with PEIE to attract investments
We are proud to sign the agreement with PEIE, which is the first of its kind in Oman.
02/18/2018
India, Iran Sign Agreement For Avoidance Of Double Taxation On Rouhani's Visit
India and Iran signed in New Delhi an Agreement for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to taxes on income.
02/16/2018
Israel, a Leading Tax Haven
Other Israeli citizens are taxed on all their income – whether earned domestically or abroad.
02/16/2018
Saudi Arabia’s central bank launches Ripple pilot
The Saudi Arabia Monetary Authority has commenced its Ripple xCurrent pilot.
02/14/2018
Trillion dollar conman strikes Dubai
How convicted international fraudster launched a bogus edition of the reputed Financial Times to rake in millions of dollars in advertising revenue and barter deals from luxury retail brands and top hospitality groups
02/14/2018
Deloitte’s audits of Hezbollah-linked bank to be examined by Dubai court
In a landmark ruling, a Dubai judge said the court will hear whether Deloitte Middle East was negligent as auditor of the Lebanese Canadian Bank