Cybersecurity Threats Call for a Global Response
Last March, Operation Taiex led to the arrest of the gang leader behind the Carbanak and Cobalt malware attacks on…
Regulation, Risk & Compliance
8934 articles found
Central Bank of Kuwait joins the Bank of International Settlements
The Central Bank of Kuwait has accepted the invitation to join the Bank of International Settlements. This is the…
IEA cuts oil-demand outlook as economy eclipses Saudi attack
The International Energy Agency cut forecasts for growth in global oil demand, noting that fears of an economic slowdown are…
Dubai business licence issuance up 90% in 2019
Dubai issued 38,377 new business licences in 2019, a record growth of 90 percent compared to 2018 (20,129), a report…
Mohammed bin Rashid enacts amendments to DIFC Employment Law and new Employment Regulations to introduce end of service savings plan
Government of Dubai Media Office: His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the…
FAB Signs Escrow Agreement With DLD for Holding Accounts for Jointly Owned Property Owners
First Abu Dhabi Bank signed an Escrow Agreement with Dubai Land Department, represented by its Real Estate Regulatory Agency. …
DIFC firms face March 2020 economic substance rules deadline
Businesses operating within the Dubai International Finance Centre (DIFC) have been given until the end of March 2020 to file…
Nomura Middle East head: Saudi-Japan business links to move beyond oil
Makoto Kinone is head of the main Middle East investment banking operations for Nomura International, the foreign arm of one…
Sukuk market to continue expanding in 2020, S&P Global
S&P Global expects Sukuk market’s strong performance to continue in 2020 owing to robust global liquidity, a new fintech proposition…
Lebanon’s central bank seeks extra powers
Lebanon’s central bank is seeking extra powers to regulate and standardise controls which commercial banks are imposing on depositors, the…
Chase Bank ex-chair's illicit plan to open Somalia bank
On June 16, 2016, Mr Shahad Haider of Dubai’s Sajjad Haider Chartered Accountants was hired to liquidate the Iman Holding…
Indonesia Secures $22.8 Billion From U.A.E. for Wealth Fund
The United Arab Emirates will invest $22.8 billion in Indonesia through a sovereign wealth fund being set up by President…