Qatar banks can largely fend off tougher 2020
As the outlook for Qatar’s real estate, construction and hospitality sectors is delicately poised, Qatar banks should contend with challenging…
Regulation, Risk & Compliance
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Wethaq launches first fintech Sukuk on its market infrastructure using SWIFT gpi Link
Wethaq has announced that it has issued the first pilot Sukuk on its securities market infrastructure for the Islamic capital…
KPMG in Qatar launches ‘Turkish desk’; holds investment seminar in Istanbul
In response to the growing number of businesses operating between Turkey and Qatar, KPMG in Qatar recently launched its ‘Turkish…
Bahrain to impose compulsory health insurance plan on expats
The firms will recommend procedures for the National Health Insurance Scheme (Sehati), which will be presented to the government in…
Dubai has up to 200 golden visas for African investors
Dubai is set to grant up to 200 UAE golden visa permanent residency visas to "prominent" African investors under a…
Al Salam Bank-Bahrain and MSA Capital (China) to launch $50 million MEC ventures positioning Bahrain as MENA's gateway to the digital Silk Road
Al Salam Bank-Bahrain has partnered with China-based MSA Capital to launch Al Salam-MSA Bahrain Fund I, I.L.P., a US$50 million…
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…
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…