02/03/2021
It also discussed international and regional developments, including the Palestinian situation, during which it reaffirmed Saudi Arabia’s commitment to peace as a strategic choice.
02/02/2021
Regulator had ‘serious concerns about the adequacy of its financial resources’ EmailFacebookTwitterLinkedInPrint
02/01/2021
Fines take into account the banks’ failures to achieve appropriate levels of compliance
02/01/2021
Further sanctions will be imposed in cases of non-compliance.
01/29/2021
Lebanese central bank governor charged with breach of trust
Salameh has headed Lebanon’s central bank since 1993
01/28/2021
The New MD does not apply to a company which is not subject to the new FCIL, such as wholly Omani, GCC and US-owned companies.
01/28/2021
Mobile banking usage has increased by over 65 per cent in the UAE during the pandemic
01/28/2021
This guidance was updated on 21 January. It appears that the goal of the updated guidance is to suggest ways that governments can best address these tax treaty issues through legislation, regulations, guidance, and best practices.
01/28/2021
Working with BLME and Hatstone on this transaction has been a pleasure.
01/28/2021
Hosts first forum of chief compliance officers at banks
01/27/2021
The government of the UAE applied for EBRD membership in September 2020, expressing its wish to contribute to the Bank’s operations.
01/27/2021
Government controls on food prices helped reduce the inflation rate to 5 percent, defying forecasts by some major global institutions
01/27/2021
This new service will provide a one-stop-shop that will save both time and money, and also help ensure that any legal or regulatory concerns are identified early,” explained Matthew Shanahan
01/27/2021
The average accepted price reached 99.803 for every OMR100, and the minimum accepted price arrived at 99.800 per OMR100.
01/27/2021
Merger to transform Central Bank into one of the top 10 central banks globally
01/26/2021
Thanks to the peace deal between their countries, they can now do so out in the open
01/25/2021
Two new pieces of legislation directly connected with the employment relationship were also introduced.
01/25/2021
Central Bank tests banks' resilience against cyber threats.
01/22/2021
Qatar’s recent implementation of an excise tax based on the underlying principles of the GCC excise tax framework appears to suggest that Qatar may still be committed to implementing VAT in the future.
01/22/2021
The UAE dominated with more than half – around $580 million – of this investment, while the KSA was the third largest recipient country at just over $150 million.