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Sohar International Recognized for ‘Best Wealth Management Services in Oman 2023’ at Global Business Magazine Awards

August 16, 2023

Testament to its unwavering commitment in providing excellence to customers, Global Business Magazine recently awarded Sohar International the esteemed title…

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Financial Results

Finance House Group announces H1 2023 financial performance

August 15, 2023

Finance House PJSC has  released its condensed consolidated interim financial statements for the first half year ended 30 June 2023.…

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Regulation, Risk & Compliance

Dubai Chamber of Commerce receives a total of 75 mediation cases during H1 2023

August 15, 2023

Mohammad Ali Rashed Lootah: “Dubai Chambers remains committed to protecting the interests of the private sector and the emirate’s dynamic…

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Insurance

ADNIC reports net profit of Dhs204m in H1 2023

August 15, 2023

Abu Dhabi National Insurance Company  reported its financial results for the six-month period ended June 30. The insurance firm reported…

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Regulation, Risk & Compliance

Dh4 billion confiscated in money laundering cases, 187 'most wanted' people apprehended

August 15, 2023

Over Dh4 billion was confiscated and 187 individuals wanted globally for money laundering cases were apprehended with the help of…

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Islamic Finance

Experts gather in Riyadh to discuss Islamic finance

August 15, 2023

Representatives from the Islamic financial services industry are expected to deliberate on competency development and risk management practices at the…

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Environment and Sustainable Investments

World’s first zero-carbon 5G network unveiled at Six Senses Southern Dunes

August 15, 2023

The Red Sea Global (RSG), the developer behind The Red Sea and Amaala projects in Saudi Arabia, and telecom company…

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Regulation, Risk & Compliance

Lebanon freezes bank accounts of former central bank governor and associates

August 15, 2023

Lebanon has frozen the bank accounts of former central bank governor Riad Salameh and four of his associates, a statement…

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FinTech

NBK enables complaint submission via NBK Mobile Banking App

August 15, 2023

We are keen to be closer to customers and keep constant communication with them to identify and deliver their needs…

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Hedge Funds & Alternative Investments

UAE Corporate Tax: Are business owners better off drawing a 'salary' from their companies?

August 15, 2023

In ‘The Psychology of Money’, Morgan Housel coins an interesting concept – ‘appealing fictions’.   This happens when you are…

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Fraud & Ethics

UAE scam alert: Residents warned of online shopping fraud, here's how to stay safe

August 15, 2023

UAE residents have been warned of electronic fraud and scam by the Abu Dhabi Prosecution.   The authority has asked…

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Tax

UAE corporate tax: Will the one-size-fits-all approach work?

August 14, 2023

One of the most memorable questions I recall being asked in 2017 came from three individuals who operated using a…

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