09/20/2022
Mohamed Farid, Chairperson of the FRA, issued periodic report No. 6 of 2022, regarding the re-evaluation of the values of insured assets and the amounts of insurance compared to their market values, in a manner that preserves the rights of policyholders
09/20/2022
Walid Merhej Law Firm merges into El-Khoury & Partners Legal Counsel effective September 1, 2022
09/19/2022
Following stronger-than-expected inflation data, the US Federal Reserve will raise the Fed Funds target rate by 75bp
09/19/2022
In August, the Kingdom’s consumer price index was up 3 percent, showing an accelerating rise from 2.7 percent increase in July
09/19/2022
The government and the powerful UGTT union last week signed a deal to boost public sector wages by 5%, a step that may ease social tensions.
09/14/2022
The strong performance came in line with DIFC's Strategy 2030 to strengthen the future of finance and boost its economic contribution to Dubai, according to a recent press release.
09/13/2022
The workshop also discussed the increased attention to the board’s environmental and social responsibility, the support granted to such projects, and the bank’s plans related to these two items, which became at the top of the agenda for many i
09/13/2022
Recognising the transformative power of the virtual asset (VA) industry and its potential to facilitate access to innovative financial services, ADGM’s FSRA outlines its expectations and risk appetite for regulating virtual asset service providers
09/12/2022
Bullion has mainly fluctuated between $1,700 an ounce and $1,720 in September after several months of declines
09/12/2022
Licencing of the first electric cargo aircraft in the region also gets go-ahead
09/12/2022
FCSC said that according to the IMD's WCY, the UAE ranks 12th globally, with a score of 88.67 (out of 100) and is leading the MENA region
09/12/2022
Decision was after remarks made by the prominent lawyer on Twitter
09/09/2022
FinTech, innovation firms post 23% growth
09/09/2022
The signing of the MoU with BOK International Bank (Bahrain branch), comes in line with EXIM Bank’s continuous efforts to increase support for the export of Saudi non-oil services and products, and to enhance cross-border trade: official
09/09/2022
Government entity's finances, investments and bank deposits stood at $42.7bn as of December
09/09/2022
The importance of the new rules is that they add new financial services activities aimed at increasing the volume of activities
09/09/2022
The Federation of Saudi Chambers joined hands with the development fund to promote the use of local resources in the procurement of projects and capitalize on ways to maximize benefits to the Kingdom’s business sector.
09/09/2022
They will also review the progress that has been made on plans and commitments agreed during the first Development Ministerial Meeting in Matera, Italy, last year.
09/07/2022
Qatar Central Bank was largest buyer of bullion, adding 15 tonnes of gold to its official reserves in July
09/06/2022
The new figures come as the Saudi Deputy Minister of Industry and Mineral Resources announced the imminent launch of the National Industrial Strategy, according to Arabic news outlet Asharq Alawsat.