04/01/2018
The Arab Monetary Fund publishes "Central Bank Background Papers on Monetary Policy Frameworks in the Arab Countries"
The purpose of the meeting was to exchange views on the implications of global economic developments on monetary and financial policies of the Arab region.
03/29/2018
Saudi Arabia to Join FTSE Emerging Market index
Move expected to attract billions in investment in major boost to kingdom's reforms
03/29/2018
Taxing expat remittances is legal: Ashour
Head of the committee MP Salah Khorshid said recently that the committee will soon make a decision to select one of the four proposals it is considering for introducing the charges.
03/29/2018
Jersey and Abu Dhabi sign financial collaboration agreement
The partnership reinforces ADGM’s commitment, as an international financial centre to enhance and build stronger collaborations with company registries in other jurisdictions.
03/28/2018
Kuwait government agrees with proposal to tax expats’ remittances
Fees might have negative impact on attracting skilled labor to Kuwait
03/28/2018
Saudi crown prince signs MoU with SoftBank to set up world's largest solar project
It is set to produce 200 gigawatts in Saudi Arabia - enough to power 140 million homes, according to reports.
03/28/2018
The provisions entered into force on 1 January 2017 but the regulation is applied gradually depending on the number of employees working at an employer.
03/27/2018
A Dubai International Finance Centre based financial adviser is closing its wealth management division.
03/26/2018
For funds that do not fulfill the conditions for tax exemption (typically, small funds with few investors), the ITA has applied an alternative arrangement known as the “small funds tax arrangement.”
03/26/2018
The bank’s solid performance, despite the challenging economic climate in 2017, was clearly evident in its financial report.
03/26/2018
On the listing of Al Rayan’s exchange traded fund (ETF) in Qatar, understood to be both the first Qatari Sharia’h-compliant ETF and the largest single- country Sharia’h-compliant equity ETF in the world
03/26/2018
Global law firm named best law firm in Oman, Jordan and Kuwait
They hav been awarded "Best Law Firm" for Oman, Jordan and Kuwait at the 10th annual EMEAfinance Middle East Banking Awards 2017.
03/26/2018
He said the topic will be subjected to further study with the finance minister.
03/26/2018
Deal is part of programme to enhance competitiveness of UAE exports
03/26/2018
The bank will provide eligible buyers, both Bahrainis, expatriates and GCC nationals
03/26/2018
Most local businesses do not have VAT capabilities already built into their IT systems
03/26/2018
Info will help probe against Winsome Diamonds.
03/26/2018
Building on its impressive performance in 2017, the UAE’s banking sector is expected to keep the momentum this year.
03/26/2018
Ali Sadr Hasheminejad regularly travelled to the United States from Malta. But an investigation into the circumvention of Iran sanctions finally caught up with him, less than a year since his private bank was plunged into a national scandal. We trace the
03/26/2018
The legal action is being pursued in the Dubai Civil Court. According to reports in Abu Dhabi’s The National, one of Grant’s former clients claimed he had taken $115,000 in commission from savings plans with a pension fund in the UK, with an a