02/07/2022
Israel cenbank should be set to tighten if inflation gains further -IMF
Israel's inflation rate was 2.8% in 2021, within an official 1-3% target and well below rates seen in many Western peers
02/07/2022
Saudi's SAMA bans banks from opening accounts for entities involved in illegal operations
These rules are contained in the updated Bank Account Rules that are mandatory and to be enforced by the Saudi banks effective from Feb. 2
02/07/2022
PwC Legal enters Qatar market with new office in Doha
PwC Legal consists of a team of over 5,000 lawyers and legal professionals in 100+ countries.
02/07/2022
GCC corporate tax rates are still attractive to foreign companies
The average top corporate tax rate among EU countries is 21.3 percent, 23.04 percent among OECD countries, and 69 percent in the G7, according to the US-based Tax Foundation.
02/07/2022
Saudi, Emirati sovereign funds are interested in health, pharmaceutical sectors in Egypt, says Mostafa Gad
02/04/2022
The committee kept the deposit rate at 8.25% and the lending rate at 9.25
02/04/2022
A strategy formulation exercise needs to focus on several critical aspects to be successful in achieving organisational vision, mission, and objectives.
02/04/2022
The ambitious plan aims to eventually set 15% as the base levy to stem international competition to offer more attractive rates.
02/04/2022
Ankara has ramped up fiscal support for the economy amid turmoil following a slide in the lira's value and soaring inflation at the end of last year.
02/04/2022
Dubai Islamic Bank CEO says the new UAE tax regime is “welcome”
02/04/2022
Will a new tax dent business-friendly Dubai?
The UAE says it is coming into line with international taxation standards as large economies try to close tax avoidance loopholes.
02/03/2022
This follows the amendment to the SCA’s Resolution No.11/R.M of 2016 regarding the offering and issuance of shares on public markets
02/03/2022
The guidelines were developed after studying the regulatory approaches of 25 central banks and the business models of 40 digital banks.
02/03/2022
The sovereign wealth fund started raising bank debt in 2018
02/02/2022
UAE unveils 9% corporate tax
It ‘shouldn’t pose any issue to businesses looking to benefit from life and opportunities’ in the country
02/02/2022
Move defines discretionary powers related to activation of facilities
02/01/2022
UAE to impose 9% corporate tax on businesses from June 2023
No corporate tax will be imposed on personal income from employment, real estate or other investments, according to the country's Ministry of Finance
02/01/2022
CBUAE launches new general terms and conditions for its standing credit and liquidity insurance facilities
The new terms and conditions, which will come into effect on March 1, 2022, define the discretionary powers related to the activation of these facilities, and the guidelines for collateral management
02/01/2022
Why employees will continue to pay no income tax in the UAE
What is the difference between corporate and salary tax?
01/31/2022
The new AML Consulting Services include the preparation of AML/CFT Policy and procedures as per the guidelines of the ministry.