06/17/2021
UAE's new capital rule could trigger further bank M&A in 'overbanked' market
The rules do not affect existing risk-weighted capital requirements.
06/17/2021
The rules do not affect existing risk-weighted capital requirements.
06/17/2021
The Amendment proposed that all business activities in the UAE are open for 100% foreign ownership except for a negative list of activities which would be determined by the relevant UAE authority.
06/17/2021
Bain & Company's 2021 Impact Report outlines the transformative impact the company is working to create--as a partner to its clients, as a champion for global communities and as a firm
06/17/2021
About 3,000 bankers, or more than 10% of the banking industry workforce, have resigned or lost their jobs so far since a financial crisis flared up in late 2019
06/17/2021
PPA, GOSI also own other assets including bonds, real estate
06/16/2021
Firm says its new investment will create 100,000 jobs globally in five years
06/16/2021
It’s unclear whether any major decisions have been put on hold since April 20, when the nine-member board’s term expired.
06/16/2021
Unifying efforts has contributed to raising the UAE’s compliance AML/CFT
06/16/2021
The UAE Penal Code imposes positive obligations on all persons to report crime.
06/15/2021
This law also repeals Federal Law No. 19 of 2018 regarding foreign direct investment, which had allowed foreign investors to own up to 100 per cent.
06/15/2021
Per a KPMG statement, the UAE iteration was inspired by a similar contest
06/14/2021
Saudi Arabia was regarded as especially exposed to the fallout from a global tax.
06/14/2021
The United Arab Emirates entered the world’s top 10 tax havens for the first time in March, according to the Tax Justice Network.
06/14/2021
As such, Banque Misr will be having operations in four African states given that it already has a branch in Cote D’Ivoire.
06/14/2021
Global law firm Clyde & Co was named 'International Law Firm of the Year' for the second year in a row at the prestigious Legal Week Middle East Legal Awards 2021.
06/14/2021
The Guidances will assist the understanding and mitigation of risks as well as the effective performance by the LFIs of their AML/CFT statutory obligations
06/13/2021
Der Spiegel Magazine first reported the purchase of a CD containing details of assets in Dubai
06/11/2021
The central bank said in its April Inflation Report that it expects year-end inflation of 12.2 percent.
06/11/2021
In Egypt, companies are allowed to list on the exchange before actually offering shares to be traded
06/11/2021
The move is also in order to achieve the objectives of the Kingdom’s Vision 2030 aims.