Sharjah ruler approves $9.37bln budget for 2022
Sharjah's ruler Sheikh Dr Sultan bin Muhammad Al Qasimi has approved the emirate's Dh34.42 billion ($9.37bln) budget for 2022, according…
Regulation, Risk & Compliance
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GCC BDI announces First Abu Dhabi Bank as strategic partner
GCC Board Directors Institute (GCC BDI), the region’s leading not-for-profit organisation for corporate governance and board effectiveness, has tied up…
Kuwait Appoints Al-Rushaid as Finance Minister in New Cabinet
Kuwait’s prime minister appointed his fourth cabinet in two years, naming a new finance minister and including four lawmakers in…
Binance Gets To Be The First-ever Crypto Regulator In The Middle East North Africa
The world’s biggest crypto exchange, Binance, continues to take a massive leap with its expansion across the globe as a…
Qatar Chamber urges inactive companies to strike off their commercial registrations
Qatar Chamber has called on all Qatari companies to abide by the General Tax Authority’s circular, which calls for tax…
Saudi Central Bank issues draft rules on real estate refinancing
The Saudi Central Bank has issued preliminary draft rules on new regulations for real estate refinancing companies. The rules…
New amendments on cheque provisions in UAE to take effect from January 2
The Central Bank of the United Arab Emirates has stated that the new amendments on cheque provisions shall take effect…
Compliance deadline set for cyber security regulations in Bahrain
Businesses offering financial services have until March next year to fully comply with new Central Bank of Bahrain (CBB) regulations…
UAE Central Bank fines an exchange house for compliance failure
The Central Bank of the UAE has fined an exchange house for failing to achieve the appropriate levels of compliance…
Abu Dhabi updates event rules as omicron spreads
Abu Dhabi has updated event capacity rules as concerns over the new omicron variant remain high and the UAE daily…
Energy Security and Sustainability in the Middle East- Challenges and Opportunities
Renewable energy, energy security and the importance of planning for a sustainable future have for years been ongoing themes for…
Appeal dismissed in landmark multi-billion dollar fraud trial
The Cayman Islands Court of Appeal has dismissed an appeal by Saudi Arabia’s Algosaibi Group in its litigation against Cayman-based…