UAE signed 146 agreements to avoid double taxation on income in 2024
The UAE signed 146 agreements to avoid double taxation on income by the end of 2024, as the country continues…
Regulation, Risk & Compliance
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UAE Central Bank suspends bank's Islamic window from onboarding new customers for six months
The UAE Central Bank has suspended the Islamic window of a bank operating in the country from onboarding new customers…
Central Bank suspends new Islamic banking customers at UAE bank, imposes Dh3.5 million fine
The Central Bank of the UAE ordered a six-month suspension on new customer onboarding through the Islamic Window of a…
CBUAE fines UAE-based exchange house Dh2 million for violating AML rules
The Central Bank of the UAE (CBUAE) has imposed a financial sanction of Dh2 million on a UAE-based exchange house.…
UAE’s central bank maintains base rate at 4.40%
The Central Bank of the UAE thas announced its decision to maintain the base rate applicable to its overnight deposit…
CBB Governor participates in HSBC GCC exchanges 2025 Conference
H.E. Khalid Humaidan, Governor of the Central Bank of Bahrain has recently participated in the opening session at the HSBC…
Türkiye's central bank weighs rate cut as inflation softens: analysts
Expectations are mounting that Türkiye's central bank could begin cutting interest rates sooner than anticipated, following a sharper-than-expected drop in…
Ajman Bank signs partnership with Azimut Group to offer investment advisory and opportunities to its clients
Ajman Bank has signed a distribution agreement with Azimut (DIFC) Limited, a subsidiary of the global asset management firm Azimut…
ADGM FSRA implements amendments to its Digital Asset Regulatory Framework
ADGM implemented amendments to its regulatory framework for digital assets to streamline the process by which Virtual Assets are accepted…
Kuwait to cut off utilities for unpaid bills under new law to curb debt evasion
Kuwaiti authorities will begin suspending electricity, water, and other essential public services to residents and businesses who fail to pay…
Qatar Central Bank's foreign reserves grow 3.60% in May 2025
Qatar Central Bank saw a 3.60 percent increase in its foreign currency reserves and liquidity, reaching QR 258.135 billion in…
United Arab Bank launches strategic Rights Issue to raise up to $280.4mln
United Arab Bank PJSC (UAB), listed on the Abu Dhabi Securities Exchange (ADX) announced that it proposes to increase its…