Regulation, Risk & Compliance

FinTech

Thomson Reuters Enhances Strategic Partnership with Path Solutions for ONESOURCE Centralized Tax Solution

May 5, 2020

Thomson Reuters have enhanced their existing partnership to provide the GCC’s financial services sector with an opportunity to introduce automation,…

Read More

Coronavirus

Coronavirus: UAE Higher Sharia Authority approves COVID-19 parameters

May 5, 2020

The Higher Sharia Authority for financial and banking activities in the UAE held its second meeting of 2020 on April…

Read More

Hedge Funds & Alternative Investments

Gold is well-positioned as a hedge against inflation risk from expansionary fiscal and monetary policies

May 5, 2020

Weakening of US dollar could increase demand for gold in other currencies   “Against a global backdrop characterised by risk…

Read More

Hedge Funds & Alternative Investments

IMF chief says had 'productive' call with Lebanon on its recovery plan

May 5, 2020

The head of the International Monetary Fund said on Monday she had a “productive” discussion with Lebanese Prime Minister Hassan…

Read More

Comment & Analysis

Saudi Arabia hit with Moody's downgrade, prepares for 'painful' measures — but can likely weather the storm

May 5, 2020

Saudi Arabia is preparing to enact “strict, painful measures” in the face of its worst growth contraction in two decades…

Read More

Hedge Funds & Alternative Investments

NMC Health's audit firm faces UK probe

May 5, 2020

Britain's accounting regulator has opened an investigation into Ernst and Young's audit of hospital operator NMC Health that was placed…

Read More

Hedge Funds & Alternative Investments

Saudi Arabia pressured but adequately buffered: MUFG MENA

May 5, 2020

Despite the twin shocks of steep fall in oil price and the Covid-19 economic impact, Saudi Arabia remains well-positioned to…

Read More

Regulation, Risk & Compliance

Saudi experts warn against investing in unlicensed projects

May 5, 2020

Experts have warned against investing in projects that have not been properly licensed.    The warnings come after the authorities…

Read More

Coronavirus

Coronavirus impact: E-commerce businesses grow faster in Dubai

May 4, 2020

Dubai Economy on Saturday announced that 943 'DED Trader' licences were issued in the first-quarter of 2020, an increase of…

Read More

Regulation, Risk & Compliance

Lebanon banks reject rescue plan as govt asks IMF for help

May 4, 2020

An economic rescue plan that will form the basis of Lebanon’s talks with the International Monetary Fund (IMF) was panned…

Read More

Comment & Analysis

Dubai Gold and Commodities Exchange records 'extraordinarily busy' April

May 4, 2020

The Dubai Gold and Commodities Exchange (DGCX) witnessed a 653.45 percent year-on-year growth in trading of its G6 currency portfolio…

Read More

Coronavirus

Higher Shariah Authority at Central Bank issues guidelines for COVID-19 relief

May 4, 2020

The Higher Shariah Authority for financial and banking activities recently met and reviewed COVID-19 pandemic’s effects on the economy and…

Read More