02/21/2022
Contracts show Lebanon's central bank obscured recipients of commissions
Swiss authorities suspect the Salameh brothers may have illegally taken more than $300 million in this way from BDL between 2002 and 2015
Legal, Tax, Regulation & Compliance
02/18/2022
Dubai International Financial Centre records best performance in 17-year history driving Dubai's next phase of growth
A total of 1,124 financial and innovation related entities are now active and operating within DIFC, increasing by 23%, versus 915 in 2020
02/18/2022
The DIFC’s Recent Record Performance Reinforces Jersey Finance’s Gulf Commitment
Some impressive achievements, reinforcing Jersey Finance’s commitment to supporting the DIFC and collaborating to achieve our mutual aims as IFCs in facilitating high quality cross-border business.
02/18/2022
Analysis: UAE corporate tax may dilute competitive edge, as Saudi Arabia steps up
As the UAE aligns itself more with the global economy, Saudi Arabia is using its clout as the world's top oil exporter and biggest Arab economy to vie for capital, giving firms until 2024 to set up regional bases in Riyadh or lose out on lucrative co
02/17/2022
Palm Hills aims to issue sukuk worth EGP 3.25bn to finance Badia project
Company seeks to issue sukuk during current quarter: Sources
02/17/2022
UAE and Turkey central banks seek further co-operation after currency swap deal
The governors of the two banking regulators met during Turkish president's visit to Emirates this week
02/17/2022
DIFC sees almost 1,000 companies register in best annual performance to date
DIFC continued to benefit from strong appetite for its A-class, centrally located premises.
02/16/2022
PwC Middle East expands operations in Saudi Arabia
The PwC’s sixth office in the Kingdom will help the company strengthen its presence in AlUla County
02/16/2022
Abu Dhabi Securities Exchange collaborates with Borsa Istanbul for tech infrastructure
Borsa Istanbul will provide consultancy and application support to Abu Dhabi Securities Ex
02/15/2022
Corporate Tax in UAE
Ever since the announcement of UAE Corporate Tax, businesses and individuals alike also have a natural curiosity to understand its implications
02/15/2022
Data Protection Law issued in Oman
All businesses operating in Oman should immediately begin assessing their activities and making changes to corporate policies and procedures to align with the PDPL.
02/11/2022
EBRD approves new country strategy for Egypt
The EBRD began operating in Egypt 10 years ago and has since invested more than €8.7 billion in 145 projects of which 76 per cent are in the private sector.
02/11/2022
UAE Tax issues affecting international clients
The new tax rate will apply to business income earned under a commercial licence.
02/10/2022
CBB issues amendments to directives on financing firms in Bahrain
Online platforms that provide ‘Buy Now, Pay Later’ (BNPL) short-term financing have got an entry into the kingdom with the Central Bank of Bahrain
02/09/2022
Abu Dhabi authority enhances regulatory framework to broaden participation in private capital markets
Access to investments in private markets has largely been limited to professional investors
02/09/2022
Central Bank of Bahrain issues new amendments
To the directives on Financing Companies under CBB Rulebook Volume 5
02/09/2022
Financial Markets Regulatory Outlook 2022
New strategies for a changing world
02/09/2022
Saudi market regulator approves Bank Albilad’s $2.67bln capital raise
Bank Albilad aims to carry out the capital raise through the issuance of bonus shares
02/09/2022
Mercator : Key Regulatory Updates from 2021
Mercator by Citco continues to provide updates from across the entire set of jurisdictions that Mercator operates in to help keep our multinational clients informed and remain compliant.
02/08/2022
Will UAE's corporate tax rate affect creditworthiness of businesses?
S&P looks at the implications of new tax on rated companies