10/13/2017
Dubai Economy, VFS extend e-services pact
The partnership will be advantageous to Dubai and the UAE in general.
Legal, Tax, Regulation & Compliance
10/13/2017
Legal wrangles dent Dubai’s image as region’s financial centre
Friction between courts over jurisdictions has caused alarm in the UAE
10/13/2017
UK watchdog says sovereign listing plan in line with government policy
FCA in July proposed the new listing category in a move seen as helping London to court Aramco IPO
10/12/2017
Saudi women may be allowed to work in traffic directorates
The General Directorate announced that it had fined a woman who appeared in a video as she was driving a car in Riyadh.
10/12/2017
Saudi Arabia preparing tougher rules for insurers
The moves are aimed at triggering consolidation in the insurance industry and forcing weaker companies to merge with stronger ones, industry analysts said.
10/12/2017
QIIB’s $2bn sukuk programme gets UK regulatory body approval
QIIB was established in 1990 as the second Islamic bank in Qatar and is currently the third largest bank in terms of assets and market capitalisation.
10/12/2017
IFRS9 to help reinforce confidence in banking system
More prudent and stringent lending and investing conditions under IFRS 9 will further boost investor’s confidence, say experts from the industry.
10/12/2017
‘Greater co-ordination’ among Qatar banks after blockade
It is not easy to bring down a system that has such strong foundations.
10/12/2017
Aviation awards win for the Structured & Asset Finance team
The awards were voted for by Airline Economics readers
10/11/2017
Iran, Turkey Sign Currency Swap Deal
Pointing to other manifestations of such remarks in the past five years that created temporary fluctuations in the market.
10/11/2017
FCA Said to End Case Against Ex-Barclays Executive Over Qatar
Boath was first interviewed by the regulator in relation to the probe in 2013.
10/11/2017
Linklaters strengthens Middle East offering with Saudi Arabia alliance
Zamakhchary is headquartered in the Saudi capital of Riyadh and also has an office in Jeddah.
10/11/2017
Abu Dhabi global market, Yes Bank to advance Fintech opportunities
Abu Dhabi has emerged as a prominent regional financial hub and like India has prioritised financial technology as a key enabler of competitive advantage.
10/11/2017
Linklaters enters into formal agreement with Saudi Arabian firm, Zamakhchary & Co
The agreement follows the two firms having worked in close partnership for several years on international and cross-border matters.
10/10/2017
Dubai International Financial Centre Issues New Trust Law and Foundation Law for Public Consultation
The recommendations also include the establishment of DIFC’s Family Business Centre, which will support and service regional and international family offices looking to relocate their private wealth and succession planning structures to the Centre.
10/10/2017
ECO Bank Signs Deal to Expand Iran Operations
The agreement will become legally binding following the required processes and the parliament's approval.
10/09/2017
Qatar Promoting Private Sector as Sanctions Bite
New investors in the zones will be completely exempt from paying rents for a year if they obtain building permits by certain deadlines.
10/09/2017
Bahrain state-owned oil company hires bankers for debut bond issue
A bond with a tenor of up to 10 years could follow, subject to market conditions.
10/09/2017
Turkey's Central Bank to adopt new auditing mechanism
The CBRT is also audited by the Court of Accounts.
10/08/2017
How these UAE ‘bankers’ cheat clients with magic pen, 0% credit card offers
Police register 10 cases of cheque fraud committed using pens with erasable ink.