02/08/2023
As the authority providing VA oversight across Dubai with the exception of DIFC, VARA facilitates VA-associated economic stability, investor protection, and jurisdictional resilience
02/08/2023
Decision by Association of Banks of Lebanon will not affect ATMs
02/07/2023
The programme will boost cooperation to enhance telecommunication and information technology infrastructure, and high-speed digital interconnection for data exchange
02/07/2023
The licensing of new foreign branch aims to fulfill the objectives of the “Rules for Licensing and Supervision of Branches of Foreign Insurance and/ or Reinsurance Companies in Saudi Arabia”
02/03/2023
The agreements were signed at the Saudi-Omani Investment Forum being held in Riyadh
02/03/2023
“The discount rate was also kept unchanged at 16.75 percent,” MPC said
02/03/2023
Kraken had said last year it would reduce its workforce by 30%, or about 1,100 employees, as rising rates and worries of an economic downturn soured the sentiment on crypto
02/02/2023
The SCA has so far approved around 2,000 foreign funds to promote and offer their funds through licensed promoters in the UAE.
02/02/2023
UAE Central Bank raised overnight deposit rate to 4.65%
02/02/2023
The central banks of Saudi Arabia and Bahrain also increased their interest rates after the US Federal Reserve raised its target interest rate
01/31/2023
The new law is a positive development in encouraging foreign investment and international businesses to continue to move to and operate in the UAE.
01/31/2023
Interest rates in the Gulf have been rising quickly as central banks matched course with the US in support of their currency pegs with the US dollar.
01/26/2023
The Ministry of Finance explained UAE corporate tax rules via a virtual session
01/26/2023
All private sector employees must sign a new contract by February 1
01/25/2023
Ministry slashed fees for 14 main and sub services and waived the fee for one service as of January 1, 2023
01/24/2023
The licenses were granted after successful testing of their solutions in SAMA’s regulatory sandbox
01/23/2023
Under the Vision 2030 goals, the SME sector m in the Kingdom aims to make a 35 percent contribution to the national gross domestic product by 2030, with Aramco keen on being part of that.
01/23/2023
The system will also include the use of artificial intelligence in data analysis, in addition to implementing technically advanced automated processes that ensure high accuracy and quality
01/20/2023
UAE defines 19 categories of domestic worker, including maid, nanny, personal trainer and personal driver
01/20/2023
After he ‘provided misleading information’ to the regulator