10/07/2021
World Bank official predicts 3.3% GDP growth for KSA in 2022
Along with tourism, Abousleiman pointed to green energy and climate change adaptation as key growth areas, as Saudi Arabia continues to diversify its economy away from oil.
10/07/2021
Along with tourism, Abousleiman pointed to green energy and climate change adaptation as key growth areas, as Saudi Arabia continues to diversify its economy away from oil.
10/07/2021
It may be noted that the financial assistance being extended by CBO and the banking sector is part of their corporate social responsibility endeavor
10/06/2021
The Personal Data Protection Law (PDPL), published in the Official Gazette in KSA on 24 September 2021, sets out conditions around the processing of personal data as well as a series of rights that ‘personal data owners’ will enjoy.
10/06/2021
Deal expected to create one of region's largest Islamic banks
10/05/2021
The legislator has acted to remove any potential ambiguity and address unintended consequences that were arising under the law.
10/05/2021
Innovation is a key pillar of the UAE’s economic growth
10/05/2021
Beirut defaulted on its sovereign debt in March 2020, saying it needed the foreign currency reserves to meet basic needs.
10/04/2021
Licensed financial institutions providing services to cash intensive businesses should focus on identifying suspicious activity linked to money laundering, the regulator says
10/04/2021
The settlement assets include over 800 million riyals in cash, a portfolio of publicly traded shares worth about 3.7 billion riyals, and real estate assets in Saudi Arabia.
10/01/2021
Jahez International, Nayifat Finance among those looking to sell stakes
10/01/2021
Second commemorative coin released by banking regulator for global event
09/30/2021
EFG Hermes targets expansion in e-payment and business management companies
09/29/2021
The third quarter of 2021 saw a number of legal developments in the Gulf Cooperation Council (GCC) region (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates).
09/28/2021
Government is considering doubling VAT to 10% to boost state revenues and reduce its budget deficit
09/27/2021
Government looks to boost revenue and curb deficit
09/27/2021
Seeking to support the growth of the contracting sector
09/27/2021
All branches of UAE Exchange were closed in March last year, before its owner Finablr was acquired by Wizz.
09/26/2021
For parties entering into new arbitration agreements, it would seem important to immediately refrain from specifying the DIFC-LCIA Rules.
09/24/2021
To leave lower reserve requirements for banks unchanged
09/24/2021
Lebanon defaulted on its international debt in March 2020