UAE Insurance Authority releases new rules on life cover
The UAE Insurance Authority has rolled out new regulations regarding life insurance and family takaful, following an almost three-year consultation…
Regulation, Risk & Compliance
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Deutsche Securities Saudi Arabia appoints Bassel Zaouk as Chief Executive Officer
Deutsche Securities Saudi Arabia had announced the appointment of Bassel Zaouk as Chief Executive Officer. As CEO of DSSA,…
UAE’s banking sector welcomes new insolvency law
The UAE’s banking sector expects the new insolvency law for individuals approved by the UAE Cabinet on Sunday will benefit…
DLD highlights 'Joint Ownership Properties in Dubai' and 'Mollak System'
Dubai Land Department held a press conference highlighting the ‘Joint Real Estate Ownership Law in Dubai.’ Participants reviewed the…
Trading of new bonds begins on Bahrain's bourse
New Government Development Bonds, issued on November 10 to raise BD185 million, can be traded at Bahrain Bourse under the…
Do You Have a Bank Account in Israel? The IRS May Be Targeting You!
The Jerusalem Post recently reported that "Israeli and foreign banks have sent threatening letters to new immigrants, foreign residents or…
Bahrain's Push to Fintech by Central Bank
Predominantly an oil-based economy, Bahrain has been investing a lot to diversify its businesses as world-over countries are looking for…
The UAE Foreign Direct Investment Law
For a great many years, global businesses have viewed the United Arab Emirates as an attractive global investment market. …
Imdaad secures Abu Dhabi Islamic Bank FM contract
Imdaad, a Dubai-based group of companies that provides integrated, sustainable facilities management services that enhance operational efficiencies of physical assets,…
EU adopts framework for sanctions on Turkey
On 11 November 2019, the European Council adopted a framework for restrictive measures in response to Turkey's unauthorised drilling activities…
The regulatory agenda moves on
Debate is now moving on to how to deliver this agenda and exactly what this will mean for European financial…
UAE launches venture capital fund for defence and security SMEs
The investment arm of the Tawazun Economic Council has launched a programme to attract venture capital for small and medium…