04/24/2018
Qatar bank merger said to stall over price dispute
The banks had aimed to complete the merger by the end of 2017.
Legal, Tax, Regulation & Compliance
04/24/2018
Iran central bank bans cryptocurrency dealings
Iran moved this month to formally unify its official and open market exchange rates
04/24/2018
DFZC launches initiative to stimulate and accelerate e-commerce growth
The Dubai Free Zones Council has announced new e-commerce regulations for free zones.
04/24/2018
Guardian Wealth hit with $1m fine
GWMQ was authorised by the Regulatory Authority on 20 October 2009 as an insurance intermediary firm to conduct insurance mediation in accordance with Article 29 of the Regulations.
04/24/2018
Baker McKenzie recognized for regulatory & investigations in the Middle East
The awards ceremony celebrated outstanding achievement within the legal profession.
04/23/2018
Antitrust legal quick tips. Foreign investment review: five key antitrust tips
Against this backdrop, companies contemplating cross-border M&A must be aware of foreign investment review regimes and plan accordingly.
04/22/2018
Bahrain participates in IMF-World Bank meetings
the Minister said that the package aims to provide the WBG with an average annual financing capacity of about $100 billion between the fiscal years 2019-2030.
04/22/2018
DIFC’s FinTech Hive expands accelerator programme
Insurance, Islamic finance and regtech services to be included
04/22/2018
'Talks to sell 70 per cent of Kuwait's Global Investment House underway'
The stake is currently held by NCH Ventures SPC, Al Rubaie told Reuters on the sidelines of the meeting.
04/20/2018
Iran lawmakers want central banker fired amid rial chaos
Under his leadership inflation was curbed, as promised, to 9.6% from a high of 40% when Rouhani first took power.
04/20/2018
DIFC targets new wealth products and SE Asia in global initiative
The DIFC is also home to China’s four largest banks in terms of total assets; Bank of China, Agricultural Bank of China, ICBC and China Construction Bank Corporation.
04/19/2018
K165m budget approved for Gulf
A K165 million budget has been approved for Gulf Province with a focus on reopening vital service delivery links.
04/19/2018
The Higher Sharia Authority held Its second meeting
The meeting was chaired by His Eminence Sheikh Dr. Ahmad Bin Abdulaziz Al Hadad, the Chairman Higher Sharia Authority.
04/18/2018
First Saudi Arabian-linked banks join al-Gosaibi debt settlement plan
Officials keen to get kingdom's biggest debt dispute resolved
04/18/2018
Japan’s Mizuho pulled out of Qatar bond amid Gulf dispute
Qatar issued $12bn of bonds last week
04/18/2018
UAE cbank deposits reach $15 billion in Q1
Deposits and withdrawals usually signify the level of activity of the national economy during a specific period.
04/18/2018
Kuwait to cement commercial relations with US
Kuwaiti exports to the US reached $141.6 million and imports from the US amounted to $3.4 billion in 2017.
04/18/2018
Monetary Deposits With Apex Bank Stood At AED55 bn In Q1
Deposits and withdrawals usually signify the level of activity of the national economy during a specific period.
04/18/2018
UAE Ministry of Economy Signs Strategic MoUs With 14 Government Entities
The signings were held on the sidelines of the Ministry's participation in the Government Accelerators
04/17/2018
FIA ‘finds’ no politician with property in UAE
Sources and officials privy to the development said that hundreds of Pakistani businessmen faced threats of investigations into their real estate assets in the UAE.