10/09/2019
UAE lifts Lebanon travel ban: Beirut seeks support for ailing economy
Hariri hoping for cash injection for central bank
Legal, Tax, Regulation & Compliance
10/09/2019
Watch out! That SMS from bank in UAE could be fake
The police have arrested some of the members behind these organised gangs.
10/08/2019
Sohar International and EFG International ink pact
EFG International operates in around 40 locations worldwide, with a network spanning Europe, Asia Pacific, the Americas and the Middle East.
10/08/2019
Top Barclays bankers set for trial over Qatar payments
John Varley, the former chief executive of Barclays bank, was initially named in the investigation, but was later acquitted.
10/08/2019
Public warned against fraudulent bank messages
Alert comes in the wake of several complaints
10/08/2019
WIBC announces landmark 26th edition in strategic partnership with the Central Bank of Bahrain
Over 1000 global industry powerhouses, policy makers, innovators and key stakeholders will converge for the three-day long forum
10/08/2019
UBF's CEOs Advisory Council places high priority on Emiratisation and evaluates transformation of banking sector
Members of council attended meeting to discuss key opportunities and challenges in rapidly changing banking industry
10/08/2019
Abu Dhabi's Aldar hires banks for dollar sukuk
Aldar, 37.3% indirectly owned by Abu Dhabi’s sovereign wealth fund Mubadala, has mandated a group of banks including Dubai Islamic Bank, First Abu Dhabi Bank, HSBC and Standard Chartered to lead the potential deal.
10/07/2019
Abu Dhabi Issues $10 Billion Multi-tranche Bonds
Jassem Mohamed Bu Ataba AlZaabi, the Chairman of the Department of Finance Abu Dhabi, said: "The success of the issuance is a testament of investor confidence in the Government of Emirate of Abu Dhabi’s economic and political stability and the
10/07/2019
CBK Governor: GCC central banks seek to enhance liquidity predictability
These economies are also characterized with free internal and external money movement
10/07/2019
Switzerland and the UAE removed from EU tax haven lists
Finance ministers in the European Union are expected to take Switzerland and the UAE off its list of tax haven jurisdictions on 10 October
10/07/2019
Former Barclays executives set for fraud trial over Qatar rescue
Varley was acquitted when a judge ruled that the evidence against him was insufficient for the case to proceed
10/04/2019
Jordan amends conditions to grant nationality to investors
Under the new decision, the term of the zero-interest deposit is reduced to three years instead of five, the Jordan News Agency, Petra, reported.
10/04/2019
Abu Dhabi to host UAE-Lebanon Investment Conference on October 7
The delegation is led by Lebanese Prime Minister Saad Hariri and includes six ministers
10/03/2019
The DFSA authorises its 500th financial firm
Kotak Mahindra Bank’s DIFC branch is its first overseas branch.
10/03/2019
DFSA Action Concerning Chairman and SEO Referred to Financial Markets Tribunal
DFSA decided to take enforcement action against Dr Sheikh for breaches of DFSA legislation
10/03/2019
UAE Economic Substance Regulations: Five Things You Need To Know
The only current exception to these requirements is for companies that are at least 51% owned directly or indirectly by UAE federal or Emirate-level governmental authorities.
10/02/2019
Dubai rolls out virtual business licences for global investors
Under the new arrangement, investors can obtain a virtual commercial license from anywhere in the world, including opening bank accounts and securing e-residencies.
10/02/2019
Andersen Global Continues to Expand Throughout Middle East
Jordan-Based Zalloum & Laswi to Become Andersen Tax & Legal
10/02/2019
Uae banks federation meets with the U.S. Treasury Department's Office of Foreign Assets Control to reinforce financial and banking relations
Senior compliance bankers of UAE Banks and high-level OFAC and U.S. delegates attended a meeting to discuss key financial topics and ongoing developments in the banking sector