03/15/2017
DFSA Hosts Annual Audit Outreach
Audit data analytic techniques can be used in audit planning and in procedures to identify and assess risk by analysing data.
Legal, Tax, Regulation & Compliance
03/15/2017
Barclays Qatar Targets Said to Make Last SFO Plea Before Charges
At least eight former senior officials have been treated as suspects.
03/14/2017
Bank ABC opens a branch in DIFC, Dubai
Bahrain-based Arab Banking Corporation has opened a branch in the Dubai International Financial Centre.
03/14/2017
Singapore fintech start-ups to gain access to Middle East
Both authorities will also undertake and explore joint innovation projects on the application of key technologies including digital and mobile payments, blockchain and distributed ledgers.
03/14/2017
UAE’s banks need to focus on getting the balance right: KPMG
Financial institutions face pressures on regulations, liquidity, innovation and customer confidence
03/14/2017
UAE's Emirates NBD aligns 2017 CSR objectives with Year of Giving themes
The spirit of giving is an inherent aspect of the culture of the UAE, and Emirates NBD’s efforts towards giving back to the global community have long been a testament to that spirit.
03/14/2017
As Dubai prepares to change tax laws, Indians scramble to hide undeclared wealth
For opening accounts of companies, banks in Dubai are insisting on tax ID of the home country, copies of passport, and, occasionally, the presence of Indian shareholders of these entities.
03/14/2017
Bank clerk jailed for forgery, embezzling Dh6.5m
Defendant fined Dh1m for conspiring with fugitive to change businessman’s PIN, take his millions
03/14/2017
Shuaa Capital to Acquire Two Financial Firms
Its securities unit specializes in equities listed on the Abu Dhabi and Dubai exchanges and has more than 3,000 retail and institutional clients.
03/14/2017
Iran, Oman sign banking cooperation MoU
Governor of Omani Central Bank said that banking relations should reach the expected level, because diplomatic relations are desirable.
03/14/2017
California Businessman Sentenced to Prison for Concealing Over $23.5 Million in Israeli Bank Accounts
Evaded More than $8.3 Million in Federal Taxes Over Seven Years
03/14/2017
Private Jet Charter signs an agreement with The Capital Club
The exclusive agreement will allow The Capital Club members in DIFC to book private jets and helicopters for their business or personal trips.
03/13/2017
Asar plays key role in Equate's debut sukuk programme
The Trust Certificates have an Ijarah and Murabahah structure.
03/13/2017
EU firms woo Gulf investors with Golden Visas
The investment options include real estate purchases, cash deposit to a government development fund or investment in one of the country’s main industries.
03/13/2017
Al Salam Bank inks exclusive deal with Gulf Air
We are pleased to offer Al Salam Bank Visa debit and credit cardholders with exclusive discounts that will further enhance their travel experience when flying to any Gulf Air destination.
03/13/2017
No mergers likely in UAE’s Islamic banking industry
Shortage of Sharia scholars impending growth
03/13/2017
MetLife partners with LIMRA for globally recognised certification
MetLife, a global leading life insurance provider, has partnered with LIMRA, a worldwide research learning and development organisation.
03/12/2017
Rise of the robot: how smart assistants will help with reforms
Applying IFRS will have a direct impact on companies' credit ratings, analysts' assessments and dividend payment policies
03/12/2017
Basel III, higher local capital requirements to increase banks’costs
UAE banks typically have high capital ratios by international standards
03/12/2017
National Bank of Fujairah signs Dubai declaration on sustainable financing
NBF to contribute to UAE’s Green Agenda by leveraging its expertise and supporting entrepreneurs