10/17/2017
UK accused of ‘watering down’ rules to accommodate Saudi
Saudi Aramco only wants to list five per cent of its shares in London in order to raise funds for the overhaul of the country’s economy.
Legal, Tax, Regulation & Compliance
10/16/2017
Israel tightens up residency rules with 7 conditions
The taxpayer must have a permanent residence in Israel.
10/16/2017
World Finance announces winners of 2017 GCC Investment and Development Awards
Where investment and development strategies are successful, a virtuous cycle can be set in motion, bringing a self-reinforcing combination of stronger investment, higher confidence, greater FDI and output growth.
10/16/2017
Doha freezes royal’s assets
I hope that Qatar will expel opportunists and friends of interests and return to the Gulf embrace.
10/16/2017
Did tiny Mauritius teach how ‘donations’ from Saudi Arabia should be received?
The Saudi prince has also acceded to demands by the Mauritian minister to grant a number of scholarships to Mauritian students who want to study the Arabic language.
10/16/2017
Linklaters wins Sukuk Capital Markets Law Firm of the Year Award
The award follows success for Linklaters at the IFN “Deal of the Year” awards ceremony earlier this year.
10/15/2017
Average yields fall on Egypt's three and nine-month T-bills
But average yields have come down in recent weeks as foreign currency liquidity has improved.
10/15/2017
Salesman jailed for defrauding bank of Dh635,000 in Dubai
His accomplice was cleared of all charges.
10/15/2017
Doha freezes bank accounts over row
I wish Qatar... to return to its Gulf brothers as there is no one else to count on.
10/15/2017
UAE all set to meet Basel III capital rules
Analysts said UAE banks have utilised additional Tier-1 capital in abundance, well in excess of the optimal 1.5 per cent of RWA, while issuing too little Tier-1 capital.
10/14/2017
E-trials, video-conferencing ... UAE courts take smart leap into future
The UAE currently ranks 25th internationally for the efficiency of its judicial system and 33rd on the Rule of Law Index.
10/13/2017
Dubai Economy, VFS extend e-services pact
The partnership will be advantageous to Dubai and the UAE in general.
10/13/2017
Legal wrangles dent Dubai’s image as region’s financial centre
Friction between courts over jurisdictions has caused alarm in the UAE
10/13/2017
UK watchdog says sovereign listing plan in line with government policy
FCA in July proposed the new listing category in a move seen as helping London to court Aramco IPO
10/12/2017
Saudi women may be allowed to work in traffic directorates
The General Directorate announced that it had fined a woman who appeared in a video as she was driving a car in Riyadh.
10/12/2017
Saudi Arabia preparing tougher rules for insurers
The moves are aimed at triggering consolidation in the insurance industry and forcing weaker companies to merge with stronger ones, industry analysts said.
10/12/2017
QIIB’s $2bn sukuk programme gets UK regulatory body approval
QIIB was established in 1990 as the second Islamic bank in Qatar and is currently the third largest bank in terms of assets and market capitalisation.
10/12/2017
IFRS9 to help reinforce confidence in banking system
More prudent and stringent lending and investing conditions under IFRS 9 will further boost investor’s confidence, say experts from the industry.
10/12/2017
‘Greater co-ordination’ among Qatar banks after blockade
It is not easy to bring down a system that has such strong foundations.
10/12/2017
Aviation awards win for the Structured & Asset Finance team
The awards were voted for by Airline Economics readers