05/11/2016
UAE approves creation of central Islamic finance authority
Shariah boards are groups of scholars who rule on whether financial instruments and activities are religiously permissible.
05/10/2016
The report is based on an examination of 10 leading listed local banks and offers insights on the key trends that are set to accelerate or disrupt the industry in the near future.
05/09/2016
Instead, they devolved into a bitter, high-stakes lawsuit against a prominent Middle East bank, a case scheduled to be heard in July by a jury in Santa Ana federal court.
05/09/2016
The value of stocks sold by foreign investors during the same period reached AED 830.50 million comprising 45.61% of the total value of stocks traded during the period.
05/09/2016
The board will oversee the Islamic financial sector, approve financial products and set rules and principles for banking transactions in accordance with Islamic jurisprudence on finance.
05/09/2016
Sweeping reorganization at important institutions comes after a plan to wean the kingdom off oil revenues
05/09/2016
Amer made a quick visit to Kuwait last week during which he met with officials from Kuwait Central Bank and Kuwait Investment Authority, the sources said.
05/08/2016
UAE Ambassador to Mozambique: We look forward to speeding up the signing of the avoidance of double taxation treaty to stimulate investments
05/06/2016
The kidnappers then decided to release him and his driver.
05/05/2016
The BDDK's last meeting green-lighted the bank's entry into the Turkish market.
05/05/2016
Never issue a blank security cheque, fill details with your own pen
05/05/2016
DIFC Courts winds up Bank Sarasin Alpen (ME) after failure to pay damages
Dubai-based Bank Sarasin Alpen (ME) has been placed into liquidation by the DIFC Courts after it failed to pay US$35 million in damages to a group of Kuwait investors for mis-selling financial products.
05/05/2016
A leading financial resource on the aviation industry and market leader for aircraft finance news
05/05/2016
The MoU will further strengthen the close economic relationship and cooperation between India and the United Arab Emirates.
05/04/2016
Similarly, ADGM supports its local stakeholders in their aspirations to expand their engagement with China.
05/04/2016
Banks will inform security agencies when they receive suspicious amounts and foreign remittances into the accounts of clients to check the source of amount,” he told Makkah Arabic daily.
05/03/2016
It is to be noted that not all jurisdictions have specific and separate sukuk regulations, particularly in the Gulf Cooperation Council countries
05/03/2016
The two institutions have pledged to cooperate closely on AML/CFT issues, and to coordinate training and technical assistance in this area.
05/03/2016
The Saudi Stock Exchange will introduce in early 2017 the settlement of trades within two working days of execution, it said on Tuesday, a reform that could help the market join global equity indexes and attract billions of dollars of foreign money.
05/03/2016
These structures are applicable to new businesses set up within Dubai, excluding all free zones