Saudi Arabia backs Egypt’s digital future, crafts with $6.4m grant
Saudi Arabia has given one of Egypt’s largest banks a $6.4 million grant to finance digital transformation and encourage local…
Regulation, Risk & Compliance
8954 articles found
UAE approves 10-year ‘golden’ visa scheme
The United Arab Emirates approved granting “golden” visas that allow for a 10-year residency for those who meet the criteria,…
Foreigners In Abu Dhabi To Be Granted ‘Freelancer’ Licenses
After a devastating pounding by Covid-19 pandemic, the United Arab Emirates on Sunday said it has introduced new “freelancer” licenses…
UAE in strong position to become global leader in developing Islamic Economy: Dubai Crown Prince
H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, and…
Kuwait Finance House K S C P : KFH to Launch Opening Bank Account Online for New Customers
Kuwait Finance House (KFH) succeeded in completing all necessary procedures, tests, and required regulatory approvals, in preparation for the launch…
QSE receives Digital Access Certification for its website
The Qatar Stock Exchange has received Digital Access Certification for its website from the Assistive Technology Centre (Mada). It…
Central Bank of UAE sets December 2 deadline for registration of all Hawala providers
The Central Bank of the UAE has urged non-registered Hawala providers operating in the UAE to register to obtain the…
OIA announces changes in boards of state-owned companies
In continuation of the comprehensive review of its state-owned companies with the aim of raising their efficiency, developing their performance…
Kuwaiti Islamic Banks' Asset Quality and Profitability Under Pressure
Profitability at Kuwaiti Islamic banks will continue to be affected by lower profit rates, lower business volumes and higher financing…
Turkey Central Bank Chief Said to Promise Greater Visibility
Turkey’s new central bank governor has told lenders he will offer clearer guidance on monetary policy, according to people with…
Bond calls in the face of insolvency: UAE law need to know
The recent announcement by UAE construction giant Arabtec Holding PJSC (Arabtec) that its shareholders have resolved to "adopt a plan…
Tougher penalties for UAE businesses who disclose VAT errors
Businesses in the United Arab Emirates (UAE) face tougher penalties than previously expected when they make a VAT Voluntary Disclosure…