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Legal, Tax, Regulation & Compliance

12/03/2017

Bahrain’s economy continued to outperform expectations in 2017

This according to CBB is reflected in the 4.7pc growth achieved by the non-oil sector in the first half of 2017, compared to the 4.0pc growth in 2016.

12/02/2017

Nuts for a deal: Bayara lines up promotions to help deal with VAT shock

The dried fruit and nuts seller expects to absorb the cost of tax until at least June

12/02/2017

Meet the Irish woman helping ex-pats who find themselves in legal difficulty in the UAE

With clients all over the world, their roles involve a lot of travel as people who have left the UAE are pursued for payments.

12/01/2017

Mideast funds positive on Saudi Arabia after corruption crackdown

The crackdown alarmed the stock market because of its potential to damage the economy and undermine companies linked to suspects.

11/30/2017

Qatar banks post more than 17% jump in deposit mobilisation to QR794.28bn

Deposits from the government soared about 62% year-on-year to QR92.85bn

11/30/2017

Australia extends fintech focus with cooperation agreements and a fintech bridge

The information sharing cooperation agreement with the CSRC strengthens the Australia-China trade and investment relationship

11/30/2017

Gold dealer implicates Turkey’s president in corruption scheme

Zarrab implicated Erdogan in the scheme during his second day on the witness stand at the trial of his accused co-conspirator, Mehmet Hakan Atilla

11/30/2017

Libya's eastern central bank may order more cash from Russia: governor

On the black market, the value of the dinar has slid more than 600 percent since 2014.

11/29/2017

Turkey, Iran Sign Trade Deal With Qatar

Turkey's President Recep Tayyip Erdogan, Left, And Iran's President Hassan Rouhani Greet Each Other Before A Meeting With Russia's President

11/29/2017

Blockade Had Only Minimal Impact On Qatar: QIA Chief

Qatar Has Been Successfully Able To Deal With The Blockade With Minimal Impact

11/29/2017

Saudi Prince Accused Of Graft Pays $1bn For Freedom

Saudi Arabia Has Freed Influential Prince Miteb Bin Abdullah

11/29/2017

Retirement Planning: Save Early, Save Hard

What Is The Secret Formula? Start Planning Early

11/29/2017

Sultan Issues Social Security Fund Law

The Law Stipulates That The Headquarters Of The Sharjah Social Security Fund Shall Be Located In Sharjah

11/29/2017

US Trial Threatens Funding For Turkey's Dollar-Dependent Banks

Turkey's Deteriorating Finances Are Hurting The Country's Banks

11/29/2017

Alibaba To Buy Israel-Based QR Startup Visualead

The Company Announced It Plans To Open A Lab In Tel Aviv

11/29/2017

Private Sector To Play Bigger Role In Qatar Growth

The Major Focus Of Qatar’s Soon-To-Be-Launched Qatar National Development Strategy

11/28/2017

FAB Becomes the First UAE Bank to Sign up to UN Global Compact

The UN Global Compact is the world's largest corporate social sustainability initiative with over 12,000 signatories across 170 countries.

11/28/2017

Turkish Opposition Leader Stokes Row With Erdogan Over Tax Haven Claims

Kilicdaroglu Is Facing A Defamation Lawsuit Brought By Erdogan

11/28/2017

Egypt Central Bank Scraps FX Restrictions For Importers

Egypt’s Central Bank Has Removed Caps For The Deposit And Withdrawal Of Foreign Currency

11/28/2017

The Qatar Central Bank Confirms Willingness To Guarantee To All Investors In QSE Trading Their QRS. At An Exchange Rate Equivalent To Official Onshore FX

The letter came as a response to MSCI’s announcement last week of launching consultations with investors to use offshore rates instead of local FX rates for the Qatari Riyal in its indices.

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