06/23/2021
PwC Legal Middle East winners of the Innovation through Technology Team of the Year and Banking, Finance and Restructuring Team of the Year and finalists for International Law Firm of the Year at the Middle East Legal Awards 2021
06/22/2021
Programme focused on enhancing protocols designed to identify and tackle money laundering practices, while stemming the flow of funds and commodities for illicit means
06/22/2021
Saudi Arabia achieves the G5 regulator classification two years ahead of the targeted date of 2023, set by the ICT Sector Strategy 2023
06/21/2021
A guide for company directors in Saudi Arabia
This guide aims to help Saudi Arabian companies and their investors
06/20/2021
The introduction of escrow account is key to this objective, as it protects deposits of investors following the purchase of real estate developments within the country
06/18/2021
Rate hike guidance to weigh on emerging market currencies, including Indian rupee, stocks
06/18/2021
The report gives a comprehensive overview of the development of the UAE economy and financial system in 2020. CBUAE projects that the UAE economy is expected to gradually recover during 2021 and 2022 from the repercussions of the COVID-19 pandemic
06/18/2021
The UAE has entered into approximately 136 double tax treaties, all of which contain a MAP article based on the provisions of article 25 of the United Nations Model Double Taxation Convention and the OECD Model Tax Convention.
06/17/2021
QCB denies QLM from paying interim dividend
The company’s Ordinary General Assembly agreed to distribute an interim dividend to shareholders from under the profit account for the year 2021
06/17/2021
UAE and Saudi central banks awarded 2021 Global Impact Award
Recognition is for digital cross-border payment initiative Project Aber
06/17/2021
The rules do not affect existing risk-weighted capital requirements.
06/17/2021
The Amendment proposed that all business activities in the UAE are open for 100% foreign ownership except for a negative list of activities which would be determined by the relevant UAE authority.
06/17/2021
Bain & Company's 2021 Impact Report outlines the transformative impact the company is working to create--as a partner to its clients, as a champion for global communities and as a firm
06/17/2021
About 3,000 bankers, or more than 10% of the banking industry workforce, have resigned or lost their jobs so far since a financial crisis flared up in late 2019
06/17/2021
PPA, GOSI also own other assets including bonds, real estate
06/16/2021
Firm says its new investment will create 100,000 jobs globally in five years
06/16/2021
It’s unclear whether any major decisions have been put on hold since April 20, when the nine-member board’s term expired.
06/16/2021
Unifying efforts has contributed to raising the UAE’s compliance AML/CFT
06/16/2021
The UAE Penal Code imposes positive obligations on all persons to report crime.
06/15/2021
This law also repeals Federal Law No. 19 of 2018 regarding foreign direct investment, which had allowed foreign investors to own up to 100 per cent.