03/02/2021
To achieve its goal of more than doubling the city’s population to 20 million in the space of ten years, the Saudi government will pour around $220 billion into major local projects, a figure it hopes will be matched by private sector investors.
03/02/2021
The legal document is legally binding, which means it obligates a seller and a buyer in selling and buying respective shares.
03/01/2021
Total value of claims up 72% to $2.7mln
03/01/2021
Applicants may visit the Embassy during office hours, with no appointment needed, and request for a passport validity extension which will also be released on the same day.
02/28/2021
Under the programme, 140 professionals in federal and local authorities will be trained
02/26/2021
Individual banned from any future functions at licensed financial institutions
02/26/2021
In the circular, the ITA identifies the conditions under which a payment will be characterized as a repayment rather than as a dividend (or a reduction in equity).
02/26/2021
The law requires all businesses to provide an aftercare service and repair or replace a product if a defect occurs.
02/26/2021
Recognising how the role has changed and what can be done to ease the strain on in-house legal staff will be vital for businesses, to ensure that the team can continue to perform successfully for the whole company.
02/26/2021
Specialised court in Abu Dhabi to look into money laundering, terror financing cases
02/26/2021
Individual banned from any future functions at licensed financial institutions
02/25/2021
The number of SMEs registered in the Governorate of Al-Wusta stood at 652 and the Governorate of Musandam 185, which was the lowest among governorates registered in January 2021.
02/24/2021
Banks in Egypt required to increase financing to MSMEs to 25% of credit facilities portfolio
02/24/2021
Banque du Caire was on the cusp of completing a $500 million listing in London and Cairo last year when Covid hit.
02/23/2021
The statement said it had detected similar suspicious practices between Jan. 20 and Oct. 1 last year
02/23/2021
The QCB has taken on a role of the “orchestrator” of Qatar’s fintech strategy, in addition to acting as the central regulatory authority of its fintech ecosystem, a QFC-Refinitiv report said.
02/23/2021
Kuwait's cabinet has submitted draft legislation to parliament that would allow government to withdraw up to $16.53bln from sovereign wealth fund annually
02/23/2021
The MoU will certainly set the stage for future joint experimentation of digital innovation between CBUAE and the HKMA.”
02/23/2021
Survey respondents say they anticipate a far more diverse tax risk environment spanning everything from scrutiny of routine business activity, to major, billion-dollar settlements in court.
02/21/2021
New IPS allows customers to send and receive low-value local remittances 24 hours a day