09/09/2020
How to spot a recruitment scam in the UAE
Unscrupulous people are using the Covid-19 pandemic to exploit those in desperate need of a job
Legal, Tax, Regulation & Compliance
09/09/2020
5-year renewable visa plan for UAE retirees has property market primed for action
This news is attracting global attention from investors who see this as creating a potential new cash-rich market for them in addition to having a solidifying position for the UAE as a maturing market.
09/08/2020
Loans, health insurance to be extended for some in Oman
The decision came after discussions between the Central Bank of Oman and CMA to help those Omanis who’d been asked to retire from government employment after having completed 30 years of service.
09/08/2020
Boubyan Bank Commemorates 15th Anniversary with IDEMIA’s Exclusive Metal Cards
Boubyan Bank chose IDEMIA, the industry leader for innovative metal card technology, to join forces and come up with their commemorative metal credit card.
09/08/2020
Mastercard, QDB partner to accelerate innovation among Qatar fintech community
The partnership will also identify relevant companies for Mastercard’s start-up engagement programme, Start Path, opening market access for QFTH’s start-ups and Start Path companies – for mutual benefit.
09/08/2020
Egypt to establish $2bn investment fund for financial services, digital transformation
The sub-fund will be managed by a five-member board of directors appointed for an initial three years
09/08/2020
Central Bank of Egypt: Inflation continues to decline
Amer revealed that the annual rate of general inflation has continued to record one-digit rates since June 2019
09/08/2020
Lebanon central bank head says he won’t quit despite rumors amid crisis
Salameh has faced heavy criticism over his record since the onset of the crisis that has paralyzed the banking system
09/08/2020
UAE launches smart anti-money laundering system 'Fawri Tick'
It integrates details of money laundering cases and facilitates easy communications
09/07/2020
Consolidation of the Saudi financial sector in the post-coronavirus era
In the insurance sector, for the past several years, the Saudi central bank has been urging and encouraging companies to strengthen their financial solvency and seek consolidation via mergers or acquisitions
09/07/2020
Kuwait's KIB denies takeover rumours
Bank says rumours published in newspapers and on social media are 'incorrect and untrue'
09/06/2020
UAE Cabinet Restructures Emirates Development Bank Board
The decision comes within the framework of supporting the government work system and organizing the boards of directors in federal entities, and set up its system.
09/06/2020
UAE cabinet restructures Emirates Development Bank board
The Board, that shall serve for a three-year renewable term
09/04/2020
Dubai’s new retirement visa to boost local economy and property market
Analysts say the emirate's move will influence expats’ investment and spending decisions
09/04/2020
Ahli Bank successfully completes new 5-year bond transaction raising $500m
“Our fourth bond issuance was met with high-quality and strong investor support resulting in a healthy geographic split of investors from Europe taking a 34 percent share, Asia with 32 percent share, UK with 24 percent share and MENA with 10 percent
09/03/2020
Saudi Arabia to allow foreigners to invest directly in debt instruments
The kingdom has since introduced a raft of reforms to attract overseas share buyers and issuers as part of efforts to lure foreign capital and diversify the oil-dependent economy.
09/03/2020
Transfer pricing to take centre stage in Middle East taxation
As they struggle to comply with these changes, the surrounding outlook is only growing more complicated.
09/03/2020
Abu Dhabi issues USD 5 billion in multi-tranche
50-year bond marking GCC's longest dated sovereign issuance
09/03/2020
Wafa Life Insurance Egypt licensed to operate in Life and Health
With the establishment of this new subsidiary, Wafa Assurance reaffirms its strategy to grow its presence on the African continent and continue to serve African business and individual customers by catering to their protection and investment needs.
09/02/2020
DMCC, ENBD to offer payment plan at zero interest
The partnership offers over 17,500 DMCC member companies the benefits of making ongoing routine payments conveniently