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Legal, Tax, Regulation & Compliance

11/08/2016

Central Bank signs MoU on electronic interconnection with local courts

The MoU reinforces the continuous efforts exerted by the Central Bank to support electronic transformation of services provided by federal and local entities and authorities

11/08/2016

Saudi Arabia to settle delayed private sector payments by end-December

The CEDA was looking at making the private sector payments, which have been delayed by sharp declines of oil revenues.

11/08/2016

Egypt set to approach IMF in days as free currency trading debuts

The pound weakened 3.6% yesterday to 16.75 per dollar at the National Bank of Egypt, the country’s largest lender.

11/07/2016

King & Spalding Elects 14 New Partners Across Seven Offices

"This year's class of new partners again reflects our priority to develop and promote high caliber lawyers worldwide in our areas of strength," said Robert D. Hays, Jr., chairman of King & Spalding.

11/07/2016

Argentina and UAE sign double-taxation treaty

Agreement prevents taxes from being levied on investments in both the source and destination countries.

11/07/2016

Investors Watching Closely Egypt And The U.S. Elections

Global equity markets slipped on Friday on investor fears about the outcome of Tuesday's U.S. presidential election

11/07/2016

Qatar mulls Monte dei Paschi's $5.5bn cash call

Qatar's sovereign wealth fund is considering an anchor investor role in the world's oldest bank.

11/07/2016

Astad underscores regional expansion at Qatar-Saudi economic forum

The motivation behind this expansion comes from the accumulated experience we have in Qatar.

11/07/2016

Oman's Bank Muscat in talks to refinance $600 mln loan - bankers

The loan would refinance the three year maturity

11/07/2016

QFCRA, Kuwait’s CMA sign MoU on information sharing, development

The signing of the MoU highlights the QFCRA’s continuing commitment to foster greater regulatory cooperation, a spokesperson for the regulatory authority said.

11/04/2016

Egypt Floats Currency, Appeasing I.M.F. at Risk of Enraging Poor

Egypt is trying to push through major economic changes to secure a $12 billion loan from the International Monetary Fund

11/04/2016

Egypt moves to secure IMF loan with currency flotation

Egypt has moved its currency to a floating rate in a bid to meet the criteria for an IMF loan

11/03/2016

Bahrain, Turkey aim to boost trade volume to $1 billion

The Turkish minister was speaking on the sidelines of the second GCC-Turkey Forum held under the patronage of His Royal Highness Prince Khalifa bin Salman Al Khalifa the Prime Minister.

11/03/2016

A developed debt market is the key to Qatar's financing needs

Regulatory Authorities and Leading Commercial and Investment Bankers from the region participated in the event.

11/02/2016

Beware of shady online transactions, banks warn

About 20 percent Saudis who purchase products through electronic marketing websites have been victims of fraud

11/02/2016

CMA Organizes a Conference for Development of Sukuk Market in Collaboration With World Bank

The incentives of demand for Islamic debt instruments will also be discussed.

11/02/2016

Highlighting the importance of project management CrediMax collaborates with BIBF

It has been designed to promote further awareness about this discipline, with the ultimate goal of enhancing project deliverables in the Kingdom of Bahrain.

11/01/2016

Measures to Adopt Common GCC Currency Seriously Considered, Omani Central Bank Director

Highlighting the advantages of the GCC member states contrary to other international interest rates that follow a negative interest rate policy.

11/01/2016

Kingdom enjoys better fiscal space: Cabinet

The Cabinet approved a number of procedures regarding the implementation of real estate financing product named Soft Mortgage.

10/31/2016

Lebanon central bank satisfied with FX reserves after operations to boost them

Lebanon central bank is at a satisfactory level which will allow the country to fund its needs for the public and the private sector

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