DIFC simplifies and clarifies employment law in amendments
The Dubai International Financial Centre has enacted changes to its employment law to bring in a number of clarifications and…
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Most GCC equity markets edged higher in September
Most GCC equity markets reported marginal gains during September, according to the GCC Markets Monthly Report by Kamco Invest. Dubai,…
'Green is the new black' as pandemic sharpens focus on sustainability for Middle East home buyers
The coronavirus pandemic has driven a shift in attitudes amongst Middle East home buyers, according to the 2021 Knight Frank…
Saudi court issues final order on AHAB ending 12-year debt dispute
A Saudi court on Sunday issued a final order on the restructuring of the Algosaibi family’s conglomerate AHAB, putting a…
UAE Central Bank issues additional guidelines to combat money laundering
The Central Bank of the UAE has issued new guidelines to help licensed financial institutions (LFIs) – which lend to…
CBFS awarded 'Most Innovative Mobile Trading Application in Qatar' by International Finance Magazine
Commercial Bank Financial Services has received the ‘Most Innovative Mobile Trading Application’ award in Qatar, for 2021, from the London-based…
Islamic banks' reputation surges amidst pandemic
A report by CARMA has identified the top five Islamic banks in the MENA and Asia regions in terms of…
Al Salam bank-Bahrain commences discussions with Ithmaar holding for the potential acquisition of a group of assets
Al Salam Bank-Bahrain has signed a memorandum of understanding and entered into discussions with Ithmaar Holding B.S.C. ("Ithmaar Holding") (Bahrain…
From Disaster To Dreamland: Gulf Economies Are Exploding in 2021
Last year, deep in the throes of the energy crisis, Gulf nations led by Saudi Arabia constantly touted the strength…
Norton Rose Fulbright grows Middle East team
Norton Rose Fulbright has expanded its Middle East practice with the hire of partner Zubair Mir in Dubai. Zubair…
Boston Consulting appoints Head EMEA
Boston Consulting Group has named Matthias Tauber to head its combined "Europe, Middle East, South America, Africa" units starting January…
Dubai crypto platform teams up with police to combat crypto fraud
Dubai Police has teamed up with a cryptocurrency trading platform to educate investors and traders about crypto fraud. “We…