03/24/2016
The United States is not standing in the way of foreign banks doing business with Iran, a senior US official said yesterday, but his comments appeared unlikely to satisfy frustrated businessmen and Iranian officials.
03/23/2016
The annual general meeting will be held on April 18
03/23/2016
The firm further added, “ We consistently monitor all of the markets we serve to ensure that our practices are in alignment with client needs and the firm’s overall strategic goals.
03/23/2016
This is one of the largest development projects in Saudi Arabia and includes the construction of the Jeddah Tower, which will be the world's tallest building at over one kilometer high.
03/22/2016
Kuwait did what was deemed unthinkable in the past by proposing corporate taxes
03/22/2016
He expected Mr Haigh to return to the UK in two to three days.
03/22/2016
Since its establishment in 2010, the Pearl Initiative has developed a network of more than 40 partners across the GCC region.
03/21/2016
Laws include those on Central Bank, money laundering and financial services
03/21/2016
CBE, other parties still studying issue of sale, we have not received instructions so far, says El-Kady
03/21/2016
It could easily unlock fund flows and value in equity and real estate
03/21/2016
Banks must also disclose senior executives’ pay and significant risk factors, two people with knowledge of the matter said, asking not to be identified as the matter is private.
03/20/2016
The fund invested in UPC in 2009, becoming the single largest shareholder.
03/17/2016
In a major innovation for 2016, the shortlists for General Counsel of the Year, International Law Firm of the Year and Middle East Law Firm of the Year will be drawn up following nominations from the region's in-house lawyers.
03/17/2016
The decision could reflect positively on banks’ profits and spark a credit-induced economic growth; however, from a credit standpoint it entails relaxing one of SAMA’s proudly held safeguards against over -leverage.
03/17/2016
Mr Ryan’s business partner, Mohammed bin Abdulrahman al-Bisher, the Saudi Arabian ambassador to the United Arab Emirates, is suing him for the return of money he claims he paid into the businessman’s personal bank account.
03/17/2016
The MoU will also ensure that Ashghal is conducting regular meetings in collaboration with QDB to monitor the performance of the companies in accordance with the mechanism agreed upon by the two parties.
03/17/2016
Bank ‘has not engaged in any discussions’ on possible bid
03/16/2016
The change is part of a series of steps taken by the Saudi authorities in recent months to make financing more readily available for home purchases, as they seek to address complaints by a burgeoning population of young people over the kingdom's shor
03/16/2016
In PPPs, private investors take stakes in projects along with the government, bearing part of the risk and sharing profits.
03/16/2016
The firm further added, “ We consistently monitor all of the markets we serve to ensure that our practices are in alignment with client needs and the firm’s overall strategic goals.