03/10/2022
Banks have denied claims of favoritism toward certain clients, and say they have consistently called on the government to introduce a capital control law to regulate the sector — something the government has failed to do.
03/10/2022
The new rules will take effect on 21 March 2022 and will replace rules which have been in place since 2007.
03/09/2022
QFB has recently announced its financial results for the year ending 31 December 2021
03/08/2022
Across its 50+ offices globally, Alvarez & Marsal supports the advancement of women through mentorship, training and flexible work models that help women thrive both professionally and personally.
03/08/2022
This comes in line with SAMA’s mandate of promoting financial sector stability, supporting economic growth and enhancing its support to MSMEs development.
03/07/2022
“If this is not accepted, then the bank has no choice but to close the account.”
03/07/2022
The organization noted that the UAE “has made progress” in strengthening anti-money laundering measures
03/07/2022
The new rules will take effect on 21 March 2022 and will replace rules which have been in place since 2007.
03/06/2022
Country will work closely with FATF to address remaining areas of improvement
03/04/2022
This is one of the first SPACs to be launched out of the MENAT region.
03/04/2022
The memorandum was signed by GTA’s Assistant President for Tax Affairs Ghanim bin Khalifa Al Attiyah and Head of Economic and Cyber Crimes Department of the Ministry of Interior Colonel Ali Hassan Al Kubaisi.
03/04/2022
The announcement follows similar Emiratisation initiatives
03/04/2022
Banks imposed tight controls on accounts, including a de facto ban on withdrawals of dollar-denominated deposits and limits on withdrawals in local currency.
03/04/2022
They will be entitled to discounts and offers on cars, property, health care, hospitality, health insurance and banking services
03/03/2022
The consultation paper and legislative proposal can be accessed by visiting the Consultation Papers page on the DIFC website
03/03/2022
The decision was approved at a meeting of the board of directors held at Qasr Al Watan and chaired by Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs
03/03/2022
The exposure was mainly short-term or one-year loans to banks, one of the sources added.
03/02/2022
The new regulation related with penalties of the law violations and the reward for whistleblowers will come into force from June this year
03/02/2022
Lebanon's crippled banking system imposed a ban on withdrawals of dollar-denominated deposits
03/02/2022
The event would be followed by an economic forum between the stakeholders from both countries on Friday in Abuja.