03/03/2021
This will lead to the formation of a larger and stronger bank with a strong financial position and high liquidity with a variety of banking activities, customer portfolios, distinctive products, and a stronger base for financing development initiatives in
03/03/2021
Egypt’s deficit rose to $2.8 billion in the July-September quarter, up from $1.4 billion in the same quarter of 2019, as the North African country felt the economic impact of the coronavirus disease (COVID-19) pandemic.
03/02/2021
Yousif noted the emphasis of HRH Prince Salman on developing policies and legislation supportive of the openness and the growth of the private sector, and continuing work to achieve financial balance in pursuit of economic sustainability.
03/02/2021
To achieve its goal of more than doubling the city’s population to 20 million in the space of ten years, the Saudi government will pour around $220 billion into major local projects, a figure it hopes will be matched by private sector investors.
03/02/2021
The legal document is legally binding, which means it obligates a seller and a buyer in selling and buying respective shares.
03/01/2021
Total value of claims up 72% to $2.7mln
03/01/2021
Applicants may visit the Embassy during office hours, with no appointment needed, and request for a passport validity extension which will also be released on the same day.
02/28/2021
Under the programme, 140 professionals in federal and local authorities will be trained
02/26/2021
Individual banned from any future functions at licensed financial institutions
02/26/2021
In the circular, the ITA identifies the conditions under which a payment will be characterized as a repayment rather than as a dividend (or a reduction in equity).
02/26/2021
The law requires all businesses to provide an aftercare service and repair or replace a product if a defect occurs.
02/26/2021
Recognising how the role has changed and what can be done to ease the strain on in-house legal staff will be vital for businesses, to ensure that the team can continue to perform successfully for the whole company.
02/26/2021
Specialised court in Abu Dhabi to look into money laundering, terror financing cases
02/26/2021
Individual banned from any future functions at licensed financial institutions
02/25/2021
The number of SMEs registered in the Governorate of Al-Wusta stood at 652 and the Governorate of Musandam 185, which was the lowest among governorates registered in January 2021.
02/24/2021
Banks in Egypt required to increase financing to MSMEs to 25% of credit facilities portfolio
02/24/2021
Banque du Caire was on the cusp of completing a $500 million listing in London and Cairo last year when Covid hit.
02/23/2021
The statement said it had detected similar suspicious practices between Jan. 20 and Oct. 1 last year
02/23/2021
The QCB has taken on a role of the “orchestrator” of Qatar’s fintech strategy, in addition to acting as the central regulatory authority of its fintech ecosystem, a QFC-Refinitiv report said.
02/23/2021
Kuwait's cabinet has submitted draft legislation to parliament that would allow government to withdraw up to $16.53bln from sovereign wealth fund annually