10/17/2022
K&L Gates Recognized as Banking & Finance, Corporate Teams of the Year at Qatar Business Law Forum Awards
The recognitions come at the same time as several others for the firm
Legal, Tax, Regulation & Compliance
10/14/2022
Debt reduction, not currency stabilization, is Egypt’s goal: Central Bank advisor
The consumer price inflation in Egyptian cities rose to 15 percent on an annual basis in September
10/13/2022
IFLR Middle East Awards 2022: winners announced
Many of the region’s top law firms and banks were in attendance, and it was great to see so many familiar faces, as well as welcome several new ones.
10/11/2022
KPMG appointed Knowledge Partner for the Supply Chain Conference in Riyadh
KPMG to release new research on industrial supply chain in Saudi Arabia, in collaboration with UNIDO and supported by Saudi Ministry of Industry and Mineral Resources
10/07/2022
Saudi Central Bank to finalize finance companies control law by consulting the public
This regulatory function falls under SAMA’s oversight responsibilities, as well as its role in supporting the development of the finance sector and keeping pace with the growth of the global finance industry.
10/06/2022
Fintech founder Umar Munshi receives the Royal Award for Islamic Finance Emerging Leader award
For his trailblazing efforts to develop fintech for Islamic finance and the impressive development of his company Ethis
10/06/2022
AFS and Al Wafa Bank partner for payments processing services
AFS is the leading enabler for digital transaction transformation, as it is supporting the regional payments landscape and serving the needs of a wide variety of banks and financial institutions with its digital platform
10/05/2022
Abu Dhabi ADGM imposes fines on company exec for fraudulent trading
The authority has disqualified Elia Investments' Babar Abbas from being a director of any ADGM company
10/04/2022
SAMA reveals use of coins surge by 22%
With regard the coins in circulation by denomination, (SR1) has recorded the highest currency traded outside SAMA by about SR517.5 million during August.
10/04/2022
DLA Piper expands its MENA capabilities with new IP Partner appointment
Global law firm DLA Piper has appointed Saba Al Sultani as a Partner in its Intellectual Property and Technology group, based in Dubai
10/03/2022
New UAE visa system: Changes to Golden, Green residencies; family sponsorship rules; entry permits explained
Here's a guide to five key aspects of the new services under the sweeping reforms
10/03/2022
UAE is world's most powerful passport: This is how the world’s passports are ranked on their influence
UAE passports score top rankings, and that is based on a combination of measures
09/30/2022
UAE Banks Federation Audit Committee holds its sixth meeting, and second for 2022
Meeting reviewed the financial statements and internal audit reports of the Federation
09/29/2022
Dubai Chamber of Commerce introduces business community to UAE corporate tax system
Over 330 participants took part in a recent workshop hosted by the Chamber
09/29/2022
Saudi Arabia to establish new unified regulator for insurance sector
Finance Minister invited the international insurance companies to invest in Saudi Arabia, by opening branches of their companies, or investing through joining Saudi investors
09/29/2022
Saudi move to host IMF regional office
The Cabinet also authorized the minister of investment to hold discussions with China and Hong Kong to agree on promoting direct investment
09/28/2022
Capital Market Authority approves amending business list of BNP Paribas Saudi Arabia
The appointment came following a report by the global ratings agency Moody’s that found that rising female participation in the labor force has the potential to boost Saudi Arabia’s non-oil growth and improve average household incomes.
09/26/2022
Dubai steps up inspections in residential areas; takes action against singles, families violating rules
Some areas in the country are considered 'family only', and landlords are not allowed to rent apartments or villas to bachelors
09/23/2022
New UAE copyright law is one of the toughest in the world
Landmark verdict in Dubai delivers test case for new copyright and data laws
09/23/2022
Gulf central banks raise interest rates after Fed's supersize increase
The US Federal Reserve raised its key policy rate by 75 basis points to fight inflation, which is at a four-decade high