03/11/2022
The DFSA found that, in making these statements, Paymentology disseminated misleading or deceptive information in breach of DFSA administered legislation.
03/11/2022
Both Dalma and Mr Cefaratti dispute the DFSA’s findings and have referred the Decision Notices to the Financial Markets Tribunal
03/11/2022
The second agreement concerns the Mediation and Arbitration Centre of the Union of Arab Banks, with a partnership agreement aimed at resolving disputes between the various Tunisian banks.
03/11/2022
Founded in 1957, Al Rajhi Bank is considered one of the world's largest Islamic banks by capital value.
03/10/2022
A regulatory authority will be established under the new law to oversee the sector
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