Updated Saudi investment law to enhance foreign investor rights
International businesses should have greater confidence to invest in Saudi Arabia under a new law that has been approved in…
Regulation, Risk & Compliance
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How Qatar is establishing itself as diplomatic leader in the Middle East
Qatar's efforts to become a prominent diplomatic actor in the Middle East are part of a larger plan of economic…
Kuwait Finance House to sell its stake in Sharjah Islamic Bank for $351m
Kuwait Finance House has agreed to sell its 18.18 percent stake in the UAE’s Sharjah Islamic Bank for 1.29 billion…
Citi inks referral agreement with Dubai's Network International
Network International operates in over 50 countries across the Middle East and Africa, last year processing more than $59 billion…
Relm expands global presence
Relm Insurance Ltd, the pioneering specialty carrier domiciled in Bermuda, has expanded its global footprint with a foray into the…
Egypt extends term of central bank governor for a third year
Egyptian President Abdel Fattah El-Sisi has extended the term of acting central bank governor Hasan Abdalla for a third year,…
QFC CEO recognised as a Top Business Leader by Forbes Middle East
Qatar Financial Centre CEO Yousuf Mohamed Al-Jaida has been honoured as one of Forbes Middle East's top 100 CEOs for…
Federal Tax Authority organises 40 events in six months to raise awareness about Corporate Tax compliance
The first half of 2024 saw the number of awareness sessions increase by 135% from the same period last year.…
Kuwait Banks freeze accounts of those with revoked nationalities
Kuwaiti banks have escalated measures against individuals whose nationalities have been revoked, moving from restricting their accounts to freezing them…
UAE Central Bank announces M-Bills auction on August 19
The auction includes four issues of M-Bills Treasury bonds. According to CBUAE data, the first issue for 28 days…
Turkish central bank expected to hold rates steady next week
The Turkish central bank is expected to leave its key interest rate steady at 50% during its monetary committee meeting…
Emirates Association for Franchise Development holds its inaugural meeting to discuss its new articles of association
The Emirates Association for Franchise Development (FAD), chaired by His Excellency Ahmed Khalifa Al Qubaisi, CEO of the Abu Dhabi…