DIFC: Domicile for fund managers and funds
Regulatory Authorisation to conduct financial services as a financial institution as well as seeking regulatory approval for funds both for…
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Al Maryah Community Bank receives approval from UAE Central Bank
“Al Maryah Community Bank” has announced the receipt of Central Bank of UAE’s license making it the first specialized digital…
ADGM establishes "ADGM Authority" and appoints Chief Executive Officer
The Board of Abu Dhabi Global Market has approved the establishment of the ‘ADGM Authority’. This newly constituted Authority will…
Deloitte advises education firm Al Faleh on its stock debut
Doha-based provider of education products and services Al Faleh is set to become the first ever company to be listed…
Retailers prepare for record online sales during Ramadan
Today Ramadan kicks off, and retailers are set to benefit from the festive optimism unfolding across the UAE and Saudi…
Emirates NBD aims to boost contactless adoption with prize draws
Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Turkey) region, is offering customers the…
Strategic imperatives for UAE banks amid pandemic-stricken change
Innovation, digitalization, customer-centricity, compliance and better management of cost and risk are some strategies that banks in the UAE can…
Egypt Sovereign Fund puts Tahrir Complex development into motion
The Sovereign Fund of Egypt (TSFE) has started the first executive steps to develop the Tahrir Complex by completing the…
Dentons advises the Islamic Development Bank on largest sustainable sukuk issuance
Dentons has advised the Islamic Development Bank on the issuance of US$2.5 billion trust certificates under its US$25 billion trust…
7% growth in global reinsurance capital, with signs of underlying combined ratio improvement: Willis Re
Total capital dedicated to the global reinsurance industry measured USD 658 billion at year-end 2020 reflecting 7% year-on-year growth. The…
Entry into force of double taxation agreements with Brazil and Saudi Arabia
The agreements between Switzerland and Brazil and between Switzerland and Saudi Arabia for the avoidance of double taxation have entered…
BMO refocuses Wealth Management business for North American growth, announces sale of EMEA Asset Management business
BMO Financial Group has announced that it has reached a definitive agreement with Ameriprise Financial, Inc. to sell the entities…