09/08/2025
Oman’s law protecting bank savers comes into force
The regulations issued last week set out how the fund holding the compensation money will operate.
Legal, Tax, Regulation & Compliance
09/08/2025
Middle East M&A defies global slowdown with double-digit growth
Middle East deal volumes surged 19% in H1 2025, defying a 9% global decline
09/04/2025
DIFC Courts opens Mediation Service Centre and notary service
The Mediation Service Centre provides dispute resolution with assistance from registered mediators, while Notary Service attests legal documents in English.
09/04/2025
GCC secretary-general condemns Israeli minister’s calls to expand settlements, annex West Bank
Israel’s far-right Finance Minister Bezalel Smotrich said that maps were being drawn up for annexing territory in the occupied West Bank
09/04/2025
Qatar Chamber, GOIC discuss connecting factories to R&D centers
He said that the project aims to enhance the competitiveness and productivity of Qatar’s manufacturing sector.
08/29/2025
Egypt central bank slashes key interest rates by 200 bps
The bank set the deposit rate at 22% and the lending rate at 23%, bolstering the government's emphasis on economic growth
08/28/2025
Will Central Bank of Egypt cut interest rates again amid economic shifts?
Current economic indicators suggest that the CBE may be in a comfortable position to resume monetary easing.
08/27/2025
Lebanon agrees bail for ex-central bank chief: judicial officials
He is widely viewed as a key culprit in Lebanon’s economic crash
08/22/2025
ADGM launches ‘Real Estate Advertising Permit’ service in collaboration with Madhmoun
The service introduced in line with ADGM’s aim to reduce fake listings
08/22/2025
CBE reports uptick in foreign assets and reserves in mid-2025, NFAs hit $10.49B in July
The continued growth in reserves has been underpinned by improved tourism receipts
08/22/2025
Turkish central bank’s reserves grow to record $176B as foreign equity inflows continue
Net reserves excluding currency swap transactions.
08/21/2025
FTI Consulting deepens Strategy & Transformation capabilities with senior hires
The new senior experts will help the firm meet growing client demand for transformation expertise across both the public and private sectors.
08/20/2025
UAE Central Bank suspends licence of insurance company Yas Takaful
Company penalised for 'failure to comply with the regulatory framework governing insurance companies'
08/19/2025
UAE Central Bank suspends licence of YAS Takaful over regulatory breaches
Despite the suspension, the company remains legally obligated to fulfill all commitments related to insurance contracts issued prior to this action
08/18/2025
Gulf Bank warns of rising fraud attempts during summer and travel seasons
In a Marina FM interview, Gulf Bank reinforced its commitment to the “Diraya” campaign
08/18/2025
UAE Central Bank imposes over Dh370 million in fines on banks, exchange firms, and insurers
The penalties resulted from inspections that revealed violations in three areas
08/15/2025
Federal Tax Authority organises “Innovation Retreat” on Taxes’ 'Zero Digital Bureaucracy'
In line with second phase of Zero Government Bureaucracy Programme
08/15/2025
Kuwait Renews $2 Billion Deposit with Egypt’s Central Bank
The External Position Report offers a comprehensive analysis of Egypt’s balance of payments
08/15/2025
Central Bank of Egypt Eases Rules on Credit Card Use Abroad
In a decision announced this week, the CBE canceled a clause from a previous directive issued in October 2023.
08/13/2025
Kuwait busts Nigerian-led cybercrime ring targeting telecoms, banks
Specialised teams from the Criminal Security Sector launched an urgent investigation, uncovering a network of suspects who allegedly used advanced electronic devices to breach telecom systems.