02/24/2022
Andersen Global Enters Collaboration Agreement with Bahrain-Based Law Firm
Almoayed Chambers Consultancy is a boutique law firm with specific focus on corporate commercial contracts
Legal, Tax, Regulation & Compliance
02/24/2022
Walkers advises Pyypl
Walkers acted as BVI legal counsel for Pyypl on the early-stage funding round, alongside Al Tamimi & Company as lead counsel.
02/24/2022
Lebanon central bank extends unlimited sale of dollars to banks until end-March
The bank had lifted the ceiling last month
02/24/2022
Dubai’s Mashreq Bank could sell its payments business – and it may not be the only one
Abu Dhabi’s FAB is also reportedly targeting a sale of payments processing entity Magnati
02/22/2022
Revealed: king of Jordan used Swiss accounts to hoard massive wealth
The data was shared with the Guardian and 47 other media outlets as part of a global investigation called Suisse secrets.
02/22/2022
Seba Bank opens Abu Dhabi office
The office opening in Abu Dhabi will further accelerate the considerable growth that SEBA Bank has achieved over the past year.
02/22/2022
Arab rulers, spy chiefs stashed millions in Swiss bank, shows data leak
Data leak from Swiss bank Credit Suisse has opened a peephole into private wealth of powerful figures across Middle East, raising new questions about self-dealing, as per a New York Times report
02/21/2022
President Kenyatta welcomes UAE's plan to establish an Innovation and Entrepreneurship Centre in Kenya
The innovation and entrepreneurship centre will focus on launching programmes, workshops and initiatives geared towards providing aspiring and established Kenyan entrepreneurs with guidance on how they can inject innovation into their entrepreneurial ende
02/21/2022
This country says it has no plans to introduce income tax for now.
The United Arab Emirates has announced that it will not introduce an income tax for the time being
02/21/2022
Contracts show Lebanon's central bank obscured recipients of commissions
Swiss authorities suspect the Salameh brothers may have illegally taken more than $300 million in this way from BDL between 2002 and 2015
02/18/2022
Dubai International Financial Centre records best performance in 17-year history driving Dubai's next phase of growth
A total of 1,124 financial and innovation related entities are now active and operating within DIFC, increasing by 23%, versus 915 in 2020
02/18/2022
The DIFC’s Recent Record Performance Reinforces Jersey Finance’s Gulf Commitment
Some impressive achievements, reinforcing Jersey Finance’s commitment to supporting the DIFC and collaborating to achieve our mutual aims as IFCs in facilitating high quality cross-border business.
02/18/2022
Analysis: UAE corporate tax may dilute competitive edge, as Saudi Arabia steps up
As the UAE aligns itself more with the global economy, Saudi Arabia is using its clout as the world's top oil exporter and biggest Arab economy to vie for capital, giving firms until 2024 to set up regional bases in Riyadh or lose out on lucrative co
02/17/2022
Palm Hills aims to issue sukuk worth EGP 3.25bn to finance Badia project
Company seeks to issue sukuk during current quarter: Sources
02/17/2022
UAE and Turkey central banks seek further co-operation after currency swap deal
The governors of the two banking regulators met during Turkish president's visit to Emirates this week
02/17/2022
DIFC sees almost 1,000 companies register in best annual performance to date
DIFC continued to benefit from strong appetite for its A-class, centrally located premises.
02/16/2022
PwC Middle East expands operations in Saudi Arabia
The PwC’s sixth office in the Kingdom will help the company strengthen its presence in AlUla County
02/16/2022
Abu Dhabi Securities Exchange collaborates with Borsa Istanbul for tech infrastructure
Borsa Istanbul will provide consultancy and application support to Abu Dhabi Securities Ex
02/15/2022
Corporate Tax in UAE
Ever since the announcement of UAE Corporate Tax, businesses and individuals alike also have a natural curiosity to understand its implications
02/15/2022
Data Protection Law issued in Oman
All businesses operating in Oman should immediately begin assessing their activities and making changes to corporate policies and procedures to align with the PDPL.