03/15/2021
Qatar, China sign protocol amending pact for avoidance of double taxation
The signing ceremony was attended Qatar Airways Group Chief Executive, H E Akbar Al Baker.
03/15/2021
Oman to levy 5% VAT from next month
It is estimated that VAT will contribute raise around 400 million Omani riyals per year.
03/15/2021
GCC banks brace for new wave of mergers after ‘triple shock’ to profitability
The second M&A wave could begin when the full impact of the weaker operating environment on banks becomes visible, Mohamed Damak, senior director at S&P Global Ratings saidThe GCC banking sector is bracing for a second wave of mergers and acquisit
03/12/2021
In line with the Directions of the Government and the Central Bank of Egypt for Transformation to Digital Economy
03/11/2021
The new service is regulated by the ADGM Financial Services Regulatory Authority
03/11/2021
Among the new licenses issued in February 2021, 57% were professional (2,730), followed by 41.5% commercial (1,992), and the rest were distributed among tourism and industrial activities
03/11/2021
The deadline for non-financial businesses is March 31; failure to register could result in closure.
03/10/2021
The wide range of new clients further contributes to the breadth and depth of DIFC
03/10/2021
To boost economic growth
03/10/2021
Banks have strong buffers despite pandemic
03/10/2021
The bank’s special educational campaign is being carried out using various methods including Oman TV, radio, print and online media, and various social media channels.
03/09/2021
Joachim Alexander von der Goltz repaid the U.S. government more than $230,000 after admitting to financial crimes revealed by the ICIJ investigation.
03/09/2021
Subject to the offer becoming unconditional, PIF has agreed to subscribe for shares in Innovative Energy in order to provide Innovative Energy with the financing required to acquire the ADES Shares from ADES Shareholders who accept the offer.
03/09/2021
As a result, the QCB developed practices and response mechanisms to tackle cyber-attacks on the financial sector to enhance financial institutions’ cyber security capabilities.
03/09/2021
A Dutch finance ministry spokeswoman said it had introduced a withholding tax to target flows of money to low-tax countries, including the United Arab Emirates and Bermuda, and to prevent the Netherlands being used as a conduit. It, however, estimates tha
03/08/2021
A statement published on the central bank website also said a guaranteed financing programme had been extended for an additional year until March 14, 2022 to support small and medium enterprises.
03/08/2021
A statement published on the central bank website also said a guaranteed financing program had been extended for an additional year until March 14, 2022 to support small and medium enterprises.
03/08/2021
Hamdan bin Mohammed issues Resolution on the Executive Regulation of the Financial Regulations of the Government of Dubai
03/05/2021
Herein, due to the nature of Islamic finance, it would be most prudent and appropriate to seek arbitration as the most suitable appropriate vehicle for settlement of all disputes.
03/05/2021
Through the landmark partnership between ADGMA and ACAMS, the UAE is ensuring that professionals equipped with essential knowledge remain at the forefront of their field.