Saudi Central Bank to launch new 24/7 instant payments system
The Saudi Central Bank (SAMA) on Thursday announced the launch date for a new electronic instant payments system designed to…
Regulation, Risk & Compliance
8932 articles found
Turkish private lender Akbank permanently shifts working model
The COVID-19 pandemic has reshaped the working styles of companies all over the world. Many of them initially left office…
Instant transfer between banks 24/7 from Feb. 21
The Saudi Central Bank (SCB) announced on Thursday the launch of the instant payments system effective from Feb. 21, and…
Central Bank's total assets up 6.6 percent to AED470.5 bn in December
The total assets of the Central Bank of the United Arab Emirates grew 6.6 percent to AED470.5 bn by the…
Exchange house in UAE fined Dhs504,000 by Central Bank
The Central Bank of the UAE (CBUAE) said on Wednesday that it had fined an exchange house operating in the…
New Developments – Foreign Direct Investment In The UAE
In the latest issue of The Mena Business Law Review Partner Lara Barbary and Senior Associate Robert Mitchley write about…
Qatar: Tax authorities clarify transfer pricing reporting requirements
On 2 February 2021, Qatar’s General Tax Authority (GTA) held a webinar to provide additional clarification regarding the transfer pricing…
Experts stress need for data privacy
Experts in the fields of big data and technology exchanged views on the need to develop an international regulatory and…
GCC Board Directors Institute sees 82% surge in Saudi members
The GCC Board Directors Institute reported an 82 percent surge in its membership in Saudi Arabia last year. The…
Bank Muscat signs agreement with PDO to refinance its employee housing loan portfolio
In line with its pioneering role in providing banking services and facilities, Bank Muscat, the leading financial services provider in…
Banque Misr to acquire capital shares of CI Capital
The Financial Regulatory Authority (FRA) announced that Banque Misr plans to acquire the capital shares of CI Capital Holding for…
Saudi's Halwani Bros signs Islamic financing deals worth $37.3mln
Halwani Brothers Company has signed Islamic Shariah-complaint financing agreements worth a total of 140 million riyals ($37.3 million) with Al…