Saudi central bank extends deferred payment, guaranteed financing programs
Saudi Arabia’s central bank (SAMA) said on Sunday that it had extended a deferred payment program to support private sector…
Regulation, Risk & Compliance
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Dubai Govt departments can approve their own financial and accounting systems
Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council of Dubai,…
Dubai risks driving out stock investors as top firms delist
Betting on Dubai to deliver uninterrupted success as a tourism and entertainment hub is turning into a costly business for…
UAE Takes a Stand Against Illicit Finance
The UAE Higher Committee Overseeing the National Strategy on Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) has…
The General Tax Authority and the Qatar Financial Information Unit sign the Memorandum of Understanding
The General Tax Authority and the Qatar Financial Information Unit signed a Memorandum of Understanding on information sharing to combat…
Full commercial ownership, smart data, sustainability at forefront of UAE’s business landscape
The UAE’s business landscape is witnessing major shift, with main focus being on full commercial ownership, smart data and sustainability,…
Qatar, UAE, Iran and Egypt making big strides in digital inclusion
Qatar, the UAE, Iran and Egypt are among the global markets that have most improved digital inclusion within their populations…
PwC's Experience Centre hosts region's top FinTech start-ups
A cohort of eleven start-ups has graduated from a FinTech bootcamp, with the grand finale hosted at PwC’s Dubai based…
Saudi Arabia plans to move real estate transactions onto digital platform
A planned digital platform will allow properties to be bought and sold in Saudi Arabia, Saudi Minister of Justice, Walid…
Commercial Bank successfully issues $500mn PNC5 AT1
Commercial Bank successfully priced its inaugural international $500mn PNC5 AT1 issuance at a yield of 4.50%. This is the largest…
Saudi National Bank, the Kingdom’s new national champion in banking
Saudi National Bank officially came into the world this week, with the formal approval by shareholders of the merger between…
UAE Ministry of Economy extends anti-money laundering compliance date for four business categories
The UAE’s Ministry of Economy has extended the grace period until March 31 for certain business categories to be in…