10/29/2025
UAE Central Bank plans comprehensive regulation for telemarketing financial products and services
New system will introduce strict requirements designed to protect consumers
Legal, Tax, Regulation & Compliance
10/28/2025
Saudi CMA makes changes in investment accounts rule to woo foreigners
CMA said these changes aim to facilitate access for a broader base of foreign investors
10/27/2025
CBE and Foreign Ministry launch ‘Open Your Account in Egypt’ initiative
The signing of the cooperation protocol was witnessed by senior officials
10/24/2025
QFC Chief Legal Officer named among Legal 500 GC Powerlist Middle East 2025
The recognition honours the region’s leading General Counsel and senior in-house lawyers for their exceptional leadership, achievements, and influence in the legal profession.
10/24/2025
Gulf Bank highlights the advancement of fraud and cyberattacks
The two-and-a-half-hour session underscored the Bank’s ongoing efforts to foster a security-conscious culture and strengthen resilience across all levels of the organization.
10/21/2025
Tamara obtains Central Bank of the UAE approval
As a leading Fintech platform in the UAE, Tamara has cemented its position as a trusted financial partner.
10/17/2025
World Bank Group to open office in Muscat
In July, the WBG appointed Wendy Werner as its first Country Manager in Oman
10/17/2025
DIFC Courts conducts 90% of hearings in 2025 remotely
Several new artificial intelligence (AI) services are under development and will be announced next yea
10/17/2025
Bahrain and MonetaGo eye SME finance boost through counter-fraud project
The registry will enable Bahraini banks to validate invoices in real time, tackling duplicate financing attempts, fraudulent invoices and use of falsified documentation, Singapore-headquartered technology provider MonetaGo said.
10/16/2025
KFAED signs loan agreements with Belize, Saint Lucia
The project aims to support Belize’s economic and social development by constructing a modern, climate-resilient highway
10/15/2025
Dubai's DIFC Court orders NMC founder BR Shetty to pay $46 million to Indian bank
Judge finds Shetty lied under oath about signing guarantee, citing 'parade of lies'
10/13/2025
CBE launches Banking Reform and Development Fund
The board also features three independent members from outside the banking sector
10/08/2025
HSBC tightens AML controls with Middle East exit
The affected clients, spanning Saudi Arabia, Qatar, Lebanon, and Egypt, have already begun receiving closure notices.
10/08/2025
CMA approves Bidaya Finance’s public sukuk program worth up to SAR 1bln
In its statement, the CMA confirmed that the prospectus will be published prior to the subscription period
10/07/2025
UAE: Abu Dhabi court orders five to repay over Dh631,000 in banking scam
Court also awards victim Dh30,000 in damages for material and moral harm
10/07/2025
Bank Dhofar signs digital banking pact with Social Protection Fund
Strategic partnerships with international firms have further strengthened its infrastructure, while artificial intelligence tools continue to enhance security and innovation.
10/06/2025
Gulf Bank signs partnership agreement with the Institute of Banking Studies
Partnership to train and prepare employees as part of bank’s transition to a Sharia-compliant bank
10/06/2025
UAE’s FTA reports record corporate tax filings, cites these factors
The FTA DG said the high level of voluntary compliance reflected growing tax awareness among business sector and the efficiency of the EmaraTax digital platform
10/03/2025
GCC Finance Ministers, Central Bank Governors meet with IMF Managing Director
This was clearly demonstrated by the progress made in implementing the North Field expansion project in Qatar
10/02/2025
Egyptian Pound Continues Upward Trend against US Dollar
The US Dollar is trading at EGP 47.79 (buy) and EGP 47.93 (sell) at the Central Bank, confirming the ongoing strength of the Egyptian Pound relative to recent months.