Former executive sues SHUAA Capital for $6mln in ‘unpaid labour dues’
A former executive of SHUAA Capital is suing the entity for labour dues of AED 22 million ($6 million). …
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Bank Nizwa’s Business Account unlocks business potential & drives growth
Solidifying its position as the most-trusted banking partner to the SME sector, Bank Nizwa, the Sultanate of Oman’s leading Islamic…
Bank AlJazira and Cultural Development Fund sign landmark agreement
Bank AlJazira has established a strategic partnership with the Cultural Development Fund, to support the growth and sustainability of cultural…
Newgen launches trade finance platform in the Middle East
Newgen Software Technologies Ltd. has launched its trade finance platform in the Middle East. Banks and financial companies from…
UAE Federal Tax Authority issues Tax Guide for Investment Funds and Investment Managers
Introduction In May 2024, the UAE Federal Tax Authority (FTA) issued an Investment Funds and Investment Managers Guide (IFIM Guide)…
Qatar Financial Centre issues QFC digital assets
In line with the Third Financial Sector Strategy issued by Qatar Central Bank, the Qatar Financial Centre Authority (QFCA) and…
HSBC names new Head of Global Banking Coverage for the UAE
HSBC has appointed Shaikha Al Marri as Head of Global Banking Coverage, in the UAE. As a core member of…
Trowers advises Ahli United Bank (UK) on its conversion to a fully Sharia-compliant bank
Trowers & Hamlins, has advised Ahli United Bank (UK) on its conversion from a conventional bank to a fully compliant…
Dubai Chamber of Commerce records 20.5% growth in document attestation transactions during H1 2024
Khalid Al Jarwan: “The chamber’s attestation service plays a key role in enhancing the trust and credibility of all documents…
Residential transaction volume surges by 35% in Q2 2024
The residential sales in Qatar created a positive impact in the months from April to June this year as the…
Arab African International Bank reports $156mln net profit in H1 2024
The bank’s strong performance has placed it back into the double-digit zone of return on equity Arab African International…
Saudi Arabia, Poland set up business council to strengthen economic ties
Saudi Arabia and Poland have established a joint business council for the 2024-2028 term to boost trade and investment between…