Dawn of VAT litigation in UAE: Are you prepared?
Businesses in the UAE embarked on their VAT journey on January 1, 2018. In the past two years, the Federal…
Regulation, Risk & Compliance
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Emiratis to secure 40% banking jobs in UAE
The UAE aims to offer at least 40 per cent of banking jobs to its nationals, according to Mubarak Rashid…
Credit Suisse Loses Middle East «Big Gun»
Credit Suisse is losing a key banker to the Middle East's super-rich – to an aggressive local rival in Asia.…
UAE has 'no income tax plans' says senior government official
The UAE has no plans to introduce income tax and will not hike VAT in the next three years, a…
Kuwait- Freeze assets of those on US sanctions list
In a new supervisory action to combat money laundering and terrorist financing, the Central Bank of Kuwait stressed all banks,…
Public sector credit demand to boost UAE lending
Credit demand from the government and public sector enterprises will fuel lending growth in the UAE in 2019 and 2020…
UAE's Insurance Authority rolls out new life insurance regulations
The UAE Insurance Authority rolled out new regulations for life insurance and family takaful, which will see greater disclosure for…
Digital currencies cannot be wished away
After the US came out strongly against the issuance of Facebook’s digital currency Libra, many believed this trend was dumped…
How Unofficial Capital Controls Stopped a Run on the Banks in Lebanon
Lebanon’s banks were closed for two weeks due to the mass protests throughout the country. The banks opened last…
Kuwait current account surplus $10b – CBK issues data
The Central Bank of Kuwait said on Wednesday that the current domestic account posted a surplus at KD 3.2 billion…
Saudi Arabian Monetary Authority’s first MoU in Riyadh signed with the DFSA
The Dubai Financial Services Authority and the Saudi Arabian Monetary Authority enhanced their relationship today when Mr Saeb Eigner, Chairman…
"kfh" signs cooperation agreement with "Al-Yousifi & sons company"
Kuwait Finance House had signed a cooperation agreement with "Easa Husain Al-Yousifi & Sons Company", offering financial benefits and solutions…