11/19/2018
Qatar to ride on Big Four Agenda to deepen bilateral ties with Kenya
Even so, the trade balance is still in favor of Qatar, which exported goods worth $54.6 million (Sh5.4 billion) to Kenya in 2015 according to latest figures.
Legal, Tax, Regulation & Compliance
11/19/2018
KPMG suspended in Oman as woes spread from UK to South Africa
The audit firm is already coming under scrutiny in countries such as the UK, South Africa and the UAE.
11/19/2018
Qatar calls for unifying legal system to protect e-banking
Its members include representatives of all ministries and sectors in the country to co-ordinate and co-operate among it to implement policies and plans to provide a high level of information security and contribute to tackling any attempts to hack the ele
11/19/2018
QFBA signs MoU with public accountants group
This MoU entails both the parties to implement joint and specialised training programmes in the fields of accounting, auditing, and other related fields.
11/19/2018
Al Sulaiti Law Firm receives ‘Qatar Law Firm of the Year’ award
This event was a pinnacle for the firm, as it showed how far the firm has come since its founding 15 years ago.
11/19/2018
New laws to boost banking sector in UAE
Chaired by AbdulAziz Al Ghurair, Chairman of the UBF, the BoD commended the recent laws and regulations, and highlighted the positive impact the new laws would have on the banking and financial sector as well as the national economy.
11/18/2018
UAE Banks Federation Welcomes Recent Laws And Regulations
The attendees expressed comfort with the robust performance of the banking sector as reflected in the strong key financial indicators supported by economy growth.
11/18/2018
Central bank's autonomy to set caps on real estate welcomed
"In the past, it was prescribed in the law, so the central bank had no choice but to apply. Today, the Central Bank may say 20 per cent or 10 per cent or 30 per cent overnight," Al Ghurair said.
11/16/2018
Emirates NBD postpones bond issue due to market conditions
Bonds in the Gulf region have been under pressure this month due to lower oil prices and geopolitical concerns, although losses have been limited.
11/15/2018
KPMG suspended in Oman over 'irregularities'
KPMG said it is cooperating with Oman's Capital Markets Authority to resolve the matter
11/14/2018
Bank Sohar issues life insurance policies
“As we work towards becoming Oman’s most customer-centric bank, we continue to extend our portfolio of services and raise the bar on efficiency to add value to our customers’ banking experience."
11/14/2018
Iran cut off from SWIFT banking system
SWIFT says decision ‘in the interest of stability, integrity of global financial system’
11/14/2018
UAE and Singapore exempt from IOM disclosure rules
Conduct of Business Code exclusions also applied to Argentina, South Africa and Qatar
11/14/2018
Allied Investment Partners receives five comprehensive financial licenses from Emirates Securities and Commodities Authority
Allowing it to offer a wide range of financial services
11/14/2018
Saudi females boost DIFC private wealth industry
The aim is to attract wealthy investors, entrepreneurs and workers to put down roots.
11/13/2018
Careem partners with The Gulf Property Show
Gulf Property Show visitors will enjoy discounted rides to and from the event, which will be held from November 21st till November 24th at the Avenue, Bahrain.
11/13/2018
Kuwait Central Bank issues circular against dealing with Iran
The regulatory authority supplied the banks with copies of the report, to enable them to scrutinise their transactions and dealings, in compliance in line with the US sanctions on Iran.
11/13/2018
Kuwait asks Dubai to hand back $500 million, frozen following money laundering investigation
The investigation was launched after a "suspicious" money transfer from the Phillipines to the state-owned Noor Bank in Dubai.
11/12/2018
ADGM signs mou with Central Bank of Bahrain to promote innovation in financial sector
The agreement was signed in Manama, Bahrain
11/12/2018
Bahrain eyes open banking; CBB issues draft rules
This initiative is part of a larger upgrade of the Bahraini financial sector which must remain competitive in the face of demand for connectivity within financial services and with the e-commerce industry.