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Legal, Tax, Regulation & Compliance

06/23/2023

Dubai upskills over 170 government employees in generative AI

The course introduced participants to some of the generative AI tools, as well as the areas in which advanced technology applications can enhance the performance of government agencies

06/22/2023

Dubai International Financial Centre Reveals Plans for Second Edition of Dubai FinTech Summit

Jenny Johnson, CEO of asset management firm Franklin Templeton, also shared insight into the increasing accessibility to smarter technologies.

06/21/2023

White & Case advises banks on Commercial Bank of Dubai’s US$500 million inaugural green bond issuance

CDB is a leading UAE banking and financial services corporation headquartered in Dubai.

06/20/2023

Federal Tax Authority continues ‘Tax Support’ awareness campaign tours in Ajman and Ras Al Khaimah

The Authority held seven tours in five months, bringing together various tax system stakeholders

06/19/2023

ADIB signs MoU with Abu Dhabi Investment Office to support domestic enterprises and investors

This strategic step provides businesses with a banking solution that adheres to Islamic principles

06/19/2023

Egypt selects World Bank's IFC as consultant for its IPO programme

Choice of IFC is first high-profile move by Cairo to implement plan announced in January to offer investors stakes in 32 state enterprises

06/19/2023

IFC Appointed as Strategic Advisor to Government of Egypt for its Asset Monetization Program

“IFC has been a key partner of Egypt for several decades,”

06/16/2023

UAE Central Bank takes measures to limit impact of interest rate hikes on people

The regulator also discussed the latest developments related to the first phase of the implementation of the Central Bank Digital Currency strategy

06/16/2023

SAMA chief: Strong liquidity and capitalization reflect strength of Saudi banking system

He said the financial system has contributed remarkably to the strong economic performance.

06/15/2023

UAE, Qatar central banks keep interest rates steady, tracking US Fed move

The move by the Fed to leave its benchmark rate unchanged suggests that higher borrowing costs have made some progress in slowing inflation

06/15/2023

Lloyd’s signs Dubai insurtech accelerator agreement

The bank and DET will also support Dubai-based companies to move to the UK, along with promoting their insurance offerings in the country.

06/14/2023

ACCA launches new tax certificate to bridge a looming talent gap as the UAE shifts to a tax economy

his includes the rules of conduct and ethics of the profession, the corporate system, the tax system, and civil and criminal liability related to the practice of the profession

06/12/2023

IMF and OBA discuss economic growth and macro-economic indicators

Oman Banks Association is a non-profit professional association created to represent the banking sector, promote Omani banking activities, coordinate with regulators on matters of policy and strategy, and support banking excellence in Oman.

06/08/2023

Reforms will boost Saudi Arabia's fiscal strength, IMF says

Although the Arab world's largest economy is booming, it requires continued efforts to strengthen its buffers

06/08/2023

ADX signs agreement with AIX to enhance cooperation and expand bilateral relations

The exchanges agreed to establish basis for accessing investors to mutual stock markets via Tabadul platform developed by the ADX

06/07/2023

First Republic's former co-CEO could be Turkey's next central bank chief

A heart condition forced Herbert to go on medical leave that December and Erkan left the company a month later, causing the stock to tumble.

06/07/2023

UAE Central Bank cancels registration of two insurance companies

Seagull Insurance Services and Al Shorafa Insurance Services struck off over regulatory breaches

06/06/2023

Dubai Chamber of Commerce attracts more than 15,000 new memberships

And contributes to 17.3% increase in value of members' exports and re-exports in Q1 2023

06/06/2023

Dubai Chamber of Commerce welcomes 15,366 new member companies in Q1 2023

The first quarter saw the chamber achieve its goal of establishing more than 100 business groups from various sectors and economic activities

06/06/2023

Non-residents will be taxed on income from UAE property

This applies to both immovable property that is held or used in a business and immovable property that is held for investment purposes

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