11/02/2016
Highlighting the importance of project management CrediMax collaborates with BIBF
It has been designed to promote further awareness about this discipline, with the ultimate goal of enhancing project deliverables in the Kingdom of Bahrain.
Legal, Tax, Regulation & Compliance
11/01/2016
Measures to Adopt Common GCC Currency Seriously Considered, Omani Central Bank Director
Highlighting the advantages of the GCC member states contrary to other international interest rates that follow a negative interest rate policy.
11/01/2016
Kingdom enjoys better fiscal space: Cabinet
The Cabinet approved a number of procedures regarding the implementation of real estate financing product named Soft Mortgage.
10/31/2016
Lebanon central bank satisfied with FX reserves after operations to boost them
Lebanon central bank is at a satisfactory level which will allow the country to fund its needs for the public and the private sector
10/31/2016
UAE banking sector profits expected to decline 10 to 20 per cent in 2016
Individual bankruptcy protection law needs careful consideration
10/31/2016
Saudi central bank foreign assets shrink $7.4 bln in September
Assets shrink by 15.5% from a year earlier to their lowest level since January 2012
10/31/2016
Redefinition of Movable Pledge Seeks to Boost Collateralization for Commodity Financing
Businesses seeking financing can now utilize their movable assets more effectively as a source of collateral for their loans
10/28/2016
Saudis take new steps to ease bank liquidity crunch
A Saudi commercial banker familiar with the market confirmed the report.
10/28/2016
UAE bank deposits up by Dh30b
Central Bank: Gross bank assets up 1.3% in September
10/27/2016
UAE Central Bank announces M2 increases to $327 billion in Sept
The decrease in M1 was mainly due to decrease of AED0.9 billion in Monetary Deposits.
10/27/2016
ADIA eyes Asia, China opportunities with new Hong Kong office
New office will look to identify new opportunities region for Abu Dhabi Investment Authority said Sheikh Hamed,
10/26/2016
Kuwait's Gulf Bank seeking regulatory approval for CEO appointment
Daher has been deputy chief executive since August 2013
10/26/2016
Dubai bankruptcy law offers protection to western bosses
The government in Dubai and the federal authorities of the UAE have come under pressure to reform the law
10/26/2016
Saudi central bank asks banks to reschedule property loans
At the end of last month, Saudi Arabia’s central bank asked local banks to reschedule consumer loans to help cash-strapped borrowers
10/25/2016
Negotiations on for Bank Alkhair's acquisition: GFH
GFH had signed an agreement in August to acquire Bank Alkhair
10/25/2016
Clinton Foundation Move Of $1.8 Billion To Qatar Is A Fake Story From Conspiracy Site
Sorcha Faal is a notorious poster of false information. However, that did not stop people on social media sharing the story
10/24/2016
French bank sued over Gulf tycoon’s signature
A pair of aggressive American hedge funds is suing the French bank BNP Paribas
10/24/2016
We're Doomed To Bankruptcy Unless Changes Made, Says Saudi Official
In order to reign in expenses, the government has done what was once thought unthinkable cutting costs and expenditures.
10/24/2016
Al Tamimi & Company takes home awards from International Financial Law Review
Al Tamimi & Company was also recognized by IFLR as the National Law Firm of the Year.
10/24/2016
Rasmala Investment Bank Limited Resolves Compliance Concerns with the DFSA
The DFSA acknowledges that RIBL co-operated fully with the DFSA’s inquiries, and has already carried out significant remedial work.