Regulation, Risk & Compliance

FinTech

Dubai Startup Hub Market Access programme’s second cohort attracts 44 start-ups

July 2, 2020

Dubai Startup Hub has announced the successful conclusion of the Market Access programme’s second cohort, which saw several high-potential start-ups…

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Comment & Analysis

Dubai’s early debt repayment will stand it in good stead

July 2, 2020

We could all do with a bit of good news amid the continuing carnage in the global economy in the…

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Mergers & Acquisitions

Qatar banks Al Khaliji and Masraf Al Rayan begin merger talks

July 1, 2020

Qatari lenders al Khaliji and Masraf Al Rayan said on Tuesday they had started negotiating a potential merger that could…

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Regulation, Risk & Compliance

GTA launches new tax portal; companies required to register on ‘Dhareeba’

July 1, 2020

The General Tax Authority  has launched the first phase of the new online tax paying system called, “Dhareeba”.   All…

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Regulation, Risk & Compliance

FEB refutes rumors of Egyptian banks funding GERD

July 1, 2020

Federation of Egyptian Banks  dismissed Tuesday all circulating news on social media regarding the funding of the Grand Ethiopian Renaissance…

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Hedge Funds & Alternative Investments

Islamic finance sector needs to unlock its long-term potential

July 1, 2020

The Covid-19 pandemic has caused significant disruption to the global economy and financial markets, including the global Islamic finance industry.…

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Property & Real Estate

Lebanon’s real estate sector booming despite financial crisis

July 1, 2020

Like most Lebanese expatriates who keep their life savings in their home country, Elias, a sales manager in Dubai, panicked…

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Regulation, Risk & Compliance

TheCase: Calculating the new VAT in Saudi Arabia

July 1, 2020

Activation of the new VAT — with value-added tax on goods and services to increase from 5 percent to 15…

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FinTech

Arab Monetary Fund prepares launch of international immediate payment service

July 1, 2020

The Arab Monetary Fund (AMF) is preparing to launch an international immediate payment service, as part of its cooperation with…

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Comment & Analysis

Lebanese banks raise USD withdrawal rate to 3,850 pounds/dollar

June 30, 2020

Lebanese banks raised the exchange rate to 3,850 pounds per dollar for withdrawals from U.S. dollar accounts, bankers said on…

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Executive Moves

Lebanon team of IMF negotiators loses another key official

June 30, 2020

A key member of the Lebanese government team negotiating a bailout from the International Monetary Fund resigned yesterday, the second…

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Hedge Funds & Alternative Investments

APICORP issues $750mln five-year bond

June 30, 2020

The Arab Petroleum Investments Corporation  has issued a $750 million five-year bond.   The issuance is part of APICORP’s $3…

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