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Legal, Tax, Regulation & Compliance

11/21/2022

Saudi SMEs need to transform into resilient, tech-savvy operations to go global: KPMG

It suggested that SMEs will also need to use third parties to accelerate digitization, enabling them access to the technical skills and experience required to build new digital solutions, elevate capabilities, monitor performance, and sustain contractor r

11/18/2022

Alpadis Group obtain license, open new office in Dubai International Financial Centre

Alpadis Group secure license to operate in DIFC, to offer more solutions for financial services, Family Office, Holding companies, investment funds and other structures

11/18/2022

Regional security top of the agenda for Arab leaders in Bahrain

Annual summit in Manama will cover Russia's invasion of Ukraine and Iran

11/18/2022

UAE's Emiratisation drive: Here's how much salary professionals earn

Emirati talent has increased significantly in recent years due to the ongoing educational initiatives by the government

11/17/2022

Saudi Arabia establishes its open banking framework

The most mature open banking regimes globally are in Europe, where the conversation has already turned to the establishment of broader ‘open finance’ frameworks.

11/16/2022

CBB Sukuk Al-Salam securities fully subscribed

Subscriptions worth BD 43 million were received for the BD 43 million issue, which carries a maturity of 91 days

11/16/2022

President highlights UAE’s ambitious, yet balanced, approach to achieve sustainable outcomes at G20

Mohamed thanks Indonesian presidency for great G20 efforts, wishes success for India

11/14/2022

United Arab Emirates: The Dubai Financial Services Authority introduces a regulatory framework for recognized crypto tokens

In early 2022, the Emirate of Dubai also introduced the Virtual Assets Law and established the Virtual Assets Regulatory Authority (VARA) as Dubai’s primary virtual assets regulator.

11/14/2022

First Middle East exchange launches corporate climate change disclosure initiative

IFC will provide technical support and training to the employees of the Amman Stock Exchange and its listed companies

11/09/2022

Saudi Kayan signs murabaha facility worth $800mln

The facility to be used to support working capital requirements

11/09/2022

New UAE visa rules: Validity decreased for visas issued in free zones

The country has over 40 multidisciplinary free zones, and both expatriates and foreign investors are allowed to have full ownership of companies

11/09/2022

UAE: Company director fined Dh400,000 for employing workers illegally in Dubai

Seven labourers arrested for staying in the country illegally, working for another sponsor

11/07/2022

NCP signs a cooperation agreement with Riyad Bank

This stems from the banking sector being one of the most important strategic partners in the success of privatization and PPP (P&PPP)

11/07/2022

CBB receives renewed ISO certification for Information Security

CBB fulfilled all requirements relating to the international standard and achieved the highest level of competency

11/04/2022

UAE Labour Law amended to help employers retain talent

But thousands of employers have already updated employment contracts to comply with the original three-year cap.

11/04/2022

What Indians living in UAE need to know about income tax returns

NRIs could be required to submit returns in certain scenarios even if there is no tax payable

11/04/2022

DIFC regulator DFSA's penalties of Dh5.5m on KPMG and Dh1.83m an ex-auditor to stay on their Abraaj work

KPMG decides to withdraw DFSA fine review over its work with Abraaj Capital

11/04/2022

For expats, Sharjah's property ownership decree clears path on inheritance, transfer of rights - will an offplan boom follow?

Decree sets up clear guidelines on ownership, property rights transfer and inheritance

11/03/2022

UAE’s unemployment insurance scheme to begin on January 1

Those with basic salary below Dh16,000 can get payout of up to Dh10,000

11/02/2022

Central banks are stocking up on gold as demand reaches pre-pandemic levels

World Gold Council says total demand for gold jumped 28% on year

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Crédit Agricole Egypt strengthens customer experience with the introduction of new savings certificates

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KFH – Bahrain wins “Best Islamic Financial Institution” and “Best Bank in Bahrain” for 2026 from Global Finance

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