11/10/2020
“It is not enough to stress the importance of SMEs in promoting the growth and diversification of Dubai’s economy,” said Subroto Som, Head of Personal Banking Group in the Mashreq.
11/10/2020
The amendment allows closed shareholding companies to introduce employee share schemes, enabling them to retain talent and incentivize their employees.
11/10/2020
The revisions were made to ensure higher value for customers and promote more transparency on benefits, charges and growth rates
11/10/2020
ICIJ partners investigated suspicious transactions linked to oil and gas companies, a doping and bribery scheme, Iran sanctions evasions and more.
11/09/2020
The MOF had removed the initial ES notification template from the MOF website due to errors contained within the template.
11/09/2020
This can lead to significant penalties in many cases.
11/09/2020
Private equity industry in Dubai was rocked by the collapse of Abraaj in 2018
11/09/2020
“There is also a potential, and inward focus into the Philippines from Qatar, around the area of Islamic finance or Islamic banking,” he said.
11/09/2020
Fraudsters claim to be from trusted institutions such as central bank or Public Investment Fund
11/08/2020
CBUAE report states role played by national banks in providing financial relief
11/06/2020
Kuwait has no choice but to borrow to tackle deficit - audit body
The annual transfer will now be made only if Kuwait achieves a budget surplus
11/06/2020
But the central bank has handed over less than half of the documents needed to proceed with the audit.
11/06/2020
Qatar Credit Bureau receives 2 ISO certifications for cybersecurity, business continuity
Sheikh Abdullah praised the centre's employees and its partners for their efforts in implementing the strategy and for their dedication to providing trusted solutions to their clients that helps develop the financial sector.
11/06/2020
In addition and as per prior alerts, customers are reminded that the CBB and banks would never request such sensitive information through telephone calls.
11/06/2020
Saudi VAT increase: What are the long-term implications?
The kingdom hiked its value added tax (VAT) from 5 per cent to 15 per cent in July
11/06/2020
Abu Dhabi announced on 28 October 2020 that it will issue foreign direct investment licences to investors
11/06/2020
The surprising releases of information from Suspicious Activity Reports (SARs) that were filed with the Financial Crimes Enforcement Network have sent shockwaves through the financial industry
11/06/2020
To date, the court has imposed a total of BD 330 million in fines against those found guilty in cases related to the Future Bank, confiscated financial transfer amounts worth $323 million, and issued custodial penalties against them.
11/06/2020
CBUAE stated that His Highness’ directives to support the UAE’s national economy and financial system during the COVID-19 crisis had an incredible impact on the country’s current economic recovery.
11/05/2020
Ahead of the G20 Riyadh summit, the UK envoy hails what he describes as a ‘modern partnership’