05/12/2016
QCB assures confidence in Qatar with a solid financial framework
A number of important regulations, based on Basel III, have been issued to strengthen the banking sector in recent years.
05/12/2016
Bahrain, Lebanon, Nauru, Panama and Vanuatu have now committed to the international standard of automatic exchange of financial account information to tackle tax evasion and avoidance
With these new commitments, 101 jurisdictions around the world have committed to implement information sharing in accordance with the Common Reporting Standard developed by the OECD and G20 countries and endorsed by the Global Forum in 2014.
05/12/2016
The regulations were expected to have significant impact on banks' operations and possibly raise impairment requirements, according to the central bank document.
05/12/2016
The DFSA imposed the restriction because it found that Mr Ayhan's misconduct demonstrated that he lacked integrity.
05/11/2016
Nationalities with most number of wills registered in Dubai's DIFC
DIFC Wills & Probate Registry says majority of registrants are joint husband and wife wills
05/11/2016
Abu Dhabi Global Market Sets Out Proposal for FinTech Regulatory Framework in the UAE
Firms who are not ready after the two-year period will exit the RegLab framework.
05/11/2016
UAE approves creation of central Islamic finance authority
Shariah boards are groups of scholars who rule on whether financial instruments and activities are religiously permissible.
05/10/2016
The report is based on an examination of 10 leading listed local banks and offers insights on the key trends that are set to accelerate or disrupt the industry in the near future.
05/09/2016
Instead, they devolved into a bitter, high-stakes lawsuit against a prominent Middle East bank, a case scheduled to be heard in July by a jury in Santa Ana federal court.
05/09/2016
The value of stocks sold by foreign investors during the same period reached AED 830.50 million comprising 45.61% of the total value of stocks traded during the period.
05/09/2016
The board will oversee the Islamic financial sector, approve financial products and set rules and principles for banking transactions in accordance with Islamic jurisprudence on finance.
05/09/2016
Sweeping reorganization at important institutions comes after a plan to wean the kingdom off oil revenues
05/09/2016
Amer made a quick visit to Kuwait last week during which he met with officials from Kuwait Central Bank and Kuwait Investment Authority, the sources said.
05/08/2016
UAE Ambassador to Mozambique: We look forward to speeding up the signing of the avoidance of double taxation treaty to stimulate investments
05/06/2016
The kidnappers then decided to release him and his driver.
05/05/2016
The BDDK's last meeting green-lighted the bank's entry into the Turkish market.
05/05/2016
Never issue a blank security cheque, fill details with your own pen
05/05/2016
DIFC Courts winds up Bank Sarasin Alpen (ME) after failure to pay damages
Dubai-based Bank Sarasin Alpen (ME) has been placed into liquidation by the DIFC Courts after it failed to pay US$35 million in damages to a group of Kuwait investors for mis-selling financial products.
05/05/2016
A leading financial resource on the aviation industry and market leader for aircraft finance news
05/05/2016
The MoU will further strengthen the close economic relationship and cooperation between India and the United Arab Emirates.