04/26/2022
Overview of the New UAE Federal Penal Code
The changes also bring the UAE in line with most other developed nations, which has been a key driving force in the raft of new legislation introduced.
04/26/2022
The changes also bring the UAE in line with most other developed nations, which has been a key driving force in the raft of new legislation introduced.
04/25/2022
Oman established the Oman Investment Authority in 2020 to own and manage most of its sovereign wealth fund and Finance Ministry assets.
04/25/2022
New Digital Economy Court to spearhead resolution of disputes linked to emerging tech
04/25/2022
This will be the Group’s fourth regional listing, with GFH shares already actively traded on the Bahrain Bourse, Dubai Financial Market and Boursa Kuwait
04/25/2022
The government estimates that the financial sector’s losses amount to $72 billion.
04/22/2022
“The new regime is significant and positive and takes the DIFC and the UAE further in the journey to create an environment of transparency and accountability.”
04/22/2022
Just yesterday the agency he founded MTK Global, which had dozens of fighters on its books, was suddenly shutdown.
04/22/2022
Saudi Arabia is accelerating steps towards protecting the financial system.
04/21/2022
Supporting the objectives of Saudi Arabia's Vision 2030, the MoU provides a framework for cooperation on the development and implementation of programs to support enterprises and SMEs in Saudi Arabia
04/21/2022
“The plan will write off $60 billion of debt, and the depositors will bear the losses.”
04/21/2022
The new banknotes are the third issue of the national currency
04/20/2022
The bank is not allowed also to purchase, without the approval of SAMA, stocks and shares of any bank conducting its business in the Kingdom.
04/20/2022
Total bank deposits increased by 1.5 per cent, rising from Dhs1,966.8bn at the end of November 2021 to Dhs1,996.5bn at the end of December 2021
04/20/2022
A five-year fixed-rate sukuk issuance will follow
04/20/2022
KPMG’s expert also helped banks with evaluated banks for credit and fraud risk exposure, leading outsourcing projects for IT and compliance functions
04/20/2022
Employees, officers or agents of DFSA-regulated companies operating in or from the DIFC can now withhold their identities when reporting suspected misconduct
04/19/2022
The Royal Oman Police warns citizens and residents not to fall into this type of fraud in order to avoid legal accountability
04/19/2022
Tax Authority urges all those subject to the provisions of value-added tax to submit their returns before the end of the mentioned period
04/18/2022
Banks are concerned about higher provisioning burden from a full IFRS 9 compliance
04/18/2022
The trend for economic risk is stable