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
09/24/2021
The DIFC-LCIA arbitration centre is effectively a partnership between the DAI and the London Court of International Arbitration.
09/24/2021
She also advises on the related UK/EU regulatory framework, focusing on the EU risk retention regime as it applies to both EU and US securitization transactions.
09/23/2021
This means that travellers vaccinated in the United Arab Emirates will be able to enter England without having to quarantine or test before departure, though they will be required to take a test on Day 2 of arrival.
09/23/2021
At the time, an SCA representative told Reuters the authority was “inquiring into some facts and circumstances” of the buyout offer, without elaborating on what exactly it was looking into.
09/23/2021
There are 63 banks operating in Lebanon with more than 1,000 branches and 25,000 employees
09/23/2021
He also pointed out that the drafting of the International Accounting Standards (IAS) should allow countries to add their own “local context” in accordance with their applicable laws, rather than on the basis of imposed laws regardless of thei
09/22/2021
EBRD fosters trade in Jordan
The TFP facility will enable the Housing Bank to provide cash financing for pre-export, post-import financing and local distribution.
09/22/2021
BANK NIZWA, Oman & AAOIFI, Bahrain sign a pioneering MoU for Islamic Finance Development in Oman
This makes Bank Nizwa the only bank in the Sultanate and internationally to carry such a wide-ranging relationship with AAOIFI