01/16/2018
Holborn opens HK office following acquisition of Globaleye HK
Holborn Assets has a great deal to offer advisers and advisory firms.
Legal, Tax, Regulation & Compliance
01/16/2018
Iran, Turkey's senior officials discuss banking ties
On Oct. 20, Iran and Turkey's central banks announced that both neighbors had signed a currency swap agreement for conducting bilateral trade in local currencies.
01/15/2018
Sagia grants 3 investment licences to Japanese firms
The granting of licences were revealed at the Saudi Arabia-Japan Business Forum on Sunday in Riyadh, said a Saudi Press Agency report.
01/15/2018
Egyptian parliament approves limited cabinet reshuffle
The reshuffle of Prime Minister Sherif Ismail's cabinet is the third since it was appointed in September 2015
01/15/2018
Baker McKenzie Habib Al Mulla launches tax practice
Company adds Andrew Mackenzie and Reggie Mezu to its management team
01/15/2018
International law firm expands Middle East presence
This expansion was coupled with the recent appointments
01/14/2018
Dubai Islamic Economy Development Centre to Enhance Cooperation in Islamic Economy With RIW Group
His Excellency Abdulla Mohammed Al Awar, Chief Executive Officer of DIEDC, and His Excellency Veniamin Popov, Coordinator of RIW Group, signed the agreement in the presence of senior representatives from the two entities
01/14/2018
Iran steadily reaches its goal of luring foreign investment
By signing the deal, Italy has become the seventh country agreeing to finance projects in Iran since the Joint Comprehensive Plan of Action (JCPOA/ nuclear deal) was implemented in January 2016
01/14/2018
Qatar is devising comprehensive regulatory framework for NBFCs
The QCB issued a draft regulation in August 2014, which eased limitations on the size of credit facilities previously imposed on NBFCs
01/12/2018
Residents think before spending after VAT imposed in UAE
Residents are stopping, thinking and calculating before spending in the VAT era.
01/10/2018
Italy and Iran to sign $5.97bln investment agreement- Treasury source
Opening of lines of credit to two Iranian banks by Invitalia, an Italian state-owned holding, in order to finance investment projects.
01/10/2018
Central Bank of Bahrain Approves Ithmaar’s Dubai Listing
Ithmaar Holding B.S.C. (Ithmaar) received on Monday (ed note: 08/01/18) final approval from the Central Bank of Bahrain (CBB) to list on the Dubai Financial Market
01/10/2018
Banks in Lebanon warn of double taxation consequences
Bankers said they would be obliged to raise interest rates on lending and reduce rates on customer deposits
01/10/2018
Emirates to Seek $1 Billion Sukuk to Diversify Funding
Emirates, which has built its Dubai operations into a hub for transcontinental traffic between the U.S., Europe and Asia, has been a regular borrower in the aircraft-financing loan market.
01/09/2018
ASAR acts as legal counsel to KIPCO, joint lead managers in KIPCO’s corporate bond issuance
The bond issuance was well received by both institutional and high net worth investors and was oversubscribed.
01/09/2018
Central Bank of Bahrain grants licence to UK financial services firm
UK-based Nomura International has got a representative office licence to operate in Bahrain
01/09/2018
Dubai's DFM reveals list of securities in short selling push
Dubai Financial Market says new service is part of plans to improve liquidity
01/08/2018
Businessman Saiful evading ACC summonses for quizzing in AB Bank money-laundering probe
An AB Bank customer, businessman Saiful Haque, has not responded to the Anti-Corruption Commission summons twice for interrogation on charges of money laundering.
01/08/2018
UAE central bank says enough coins in circulation amid overcharging concerns
The Department of Economic Development – Abu Dhabi has given shops permission to round up the cost of items
01/08/2018
VAT to introduce transparency, industry leaders say
The VAT registration form is available online on FTA’s portal and it should be completed by a person who is the authorised signatory of the business.