12/20/2018
Qatar will not introduce VAT in 2019, the Qatar Ministry of Finance (MoF) has announced. However, it has established a tax authority which will be in charge of the implementation of all tax laws, not just VAT.
12/19/2018
Increasing transparency
12/19/2018
The DIFC now has almost 70 Funds, most of which have been registered over the last two years.
12/18/2018
“I am thankful to the ICAEW for this recognition."
12/18/2018
The UAE's monetary base has also expanded 6 percent to an 11-month high
12/18/2018
Egypt's economy is still dwindling after the 2011 uprising ushered in political and economic instability.
12/18/2018
Turkish exporters to be provided $1B financing as per agreement, says Turkish lender Aktif Bank
12/18/2018
The project will first be implemented in the financial industry and will later be implemented in other industries as well.
12/17/2018
The central bank said in a statement it had been working with the bank and the government of Sharjah to develop a plan to strengthen the lender’s capital base.
12/17/2018
But the US says Skycom was actually an unofficial subsidiary, helping Huawei evade US and EU sanctions on Iran
12/17/2018
Investors would need approval from the central bank of Kuwait if ownership exceeded 5% of the bank's capital
12/17/2018
In addition, the draft rules involve steps to safeguarding customers interests, cybersecurity risk management, and technology standards.
12/17/2018
Barclays said the indices’ transparent design makes them particularly attractive for structured products while offering a simple alternative to the Eurostoxx 50 benchmark.
12/17/2018
Invest has been hit by recent high levels of bad loans
12/17/2018
Invest Bank's board of directors will recommend the injection of Sharjah government capital at an upcoming meeting
12/17/2018
The figures are mind-boggling: A Malaysian parliamentary committee identified at least $4.2 billion in irregular transactions related to 1MDB.
12/16/2018
The central bank has set December 31 as the deadline for feedback on the proposed regulations
12/14/2018
The committee monitors the day-to-day work of financial institutions in the country, addressing emergency matters and removing all obstacles to the flow of work.
12/14/2018
Bahrain has identified fintech as a way to try to revive its credentials as a regional banking and business centre and has already launched a regulatory sandbox to allow firms to test and develop their products in a virtual space.
12/14/2018
In previous statements it said it would maintain the tight stance “decisively”, but that word was absent this time.