04/24/2025
Grant Thornton UAE to join multinational platform
Through the agreement, Grant Thornton UAE will join the multinational platform that Grant Thornton Advisors initially created earlier this year with Grant Thornton Ireland
Legal, Tax, Regulation & Compliance
04/22/2025
UAE Central Bank hits banking entity with 'financial sanction'
Regulator finds gaps in bank's anti-money laundering policies and processes
04/16/2025
Emirati Entrepreneur Fatima Ahmed Rashid Qasimi Pioneers Global Shariah-Compliant Wealth Solutions
Secura International provides access to top-tier global asset managers
04/11/2025
Double Taxation agreed with Bahrain
Prior to the vote, Policy and Resources said the agreement would meet “BEPS minimum standards”.
04/11/2025
QCB issues bills worth QR 2.5 billion
According to QCB, the total auction bids for the bills amounted to QR 7.3 billion.
04/11/2025
Jordan, World Bank deepen partnership for private sector-led growth
The programme also supports the Kingdom’s target of increasing the share of renewable energy in Jordan’s electricity mix to 31 per cent by 2030, while enhancing grid resilience
04/10/2025
Central Bank of Bahrain grants license to BPay Global
The PSP license will allow the company to provide fiat services to Binance customers globally
04/09/2025
CBI launches major private banking reforms
The plan outlines measures to broaden ATM and branch networks, modernize payment infrastructure, promote financial literacy, and enhance anti-money laundering and counter-terrorism efforts using digital identity tools.
04/08/2025
The Law's passing is an essential step to clarify the applicability of separate tax laws for foreign banks operating in Dubai.
The Emirate of Dubai in 2024 issued Law No. (1) of 2024 Concerning Tax on Foreign Banks Operating in the Emirate of Dubai.
04/07/2025
Barakat, Maher & Partners in association with Clyde & Co have successfully advised on the mortgage portfolio of Bedaya
The Cairo office is also active in employment, and cross-border disputes and arbitration.
04/02/2025
UAE unveils new Dirham symbol, following Saudi Arabia
Additionally, the UAE has launched its digital currency, featuring a circle around the Dirham symbol in the national flag's colors: green, black, white, and red.
03/31/2025
VAT payback: UAE companies to benefit on their medical insurance expenses
New VAT update allows for tax input credit on family medical coverage
03/27/2025
The BIBF, London Institute of Banking & Finance launch International Trade Risk Certificate Enhancing Bahraini professionals’ capabilities in trade finance
The CITR programme covers a broad range of essential topics, including risk assessment, trade risk analysis, and the development of effective risk mitigation strategies for international trade transactions.
03/27/2025
Arab Bank Iraq’s Enterprise Banking enabled by BML Istisharat’s ICBS G5 Solution
Financial institutions worldwide are investing in next-generation core banking solutions to streamline processes, integrate digital banking capabilities, and enable real-time transactions.
03/26/2025
Kaspersky supports INTERPOL-led operation Red Card, resulting in over 300 arrests
Aimed to disrupt cross-border criminal networks across the African regio
03/26/2025
Kuwait’s Banking Sector Poised for Historic Mortgage Reform
The pressing need to address this issue has prompted the government to consider major reforms to the housing program.
03/26/2025
Turkish central bank to meet bank executives, banking sources say
Turkish lira, stocks and bonds suffered heavy declines since Wednesday when Istanbul Mayor Ekrem Imamoglu, the main political rival to President Tayyip Erdogan, was detained.
03/24/2025
Salam to Lebanese Executives in Saudi Arabia: No deposit write-offs, financial reforms to begin with IMF reengagement
During a meeting with a delegation from the Council of Lebanese Executives in Saudi Arabia, Salam described the government’s appointments mechanism—starting with the call for applications to CDR leadership—as a crucial entry point for re
03/20/2025
BBVA confident on Sabadell bid approval, optimistic on Türkiye
Under Spanish law, the government cannot stop a bid from being made, but it has the final word on whether a merger goes ahead.
03/20/2025
Executive, legislative authorities continue consultations on 2025-2026 state budget
The discussions also reviewed the priorities and projects proposed by government ministries for inclusion in the budget