Breaking foreign exchange peg could be ruinous for Lebanon
Lebanon's political and banking crisis has put growing pressure on its 22-year-old currency peg to the US dollar and foreign…
Regulation, Risk & Compliance
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GCC rate cuts: UAE residents will now be able borrow money for lower rates
The Central Bank of UAE and other leading central banks across the GCC cut their key interest rates late on…
President Kenyatta courts Arab investors to invest in Kenya
President Uhuru Kenyatta has urged the Middle Eastern Countries to invest in Kenya’s expanding economy. President Kenyatta highlighted that…
ICD to subscribe Emirates NBD rights issue
Emirates NBD announced on Thursday that the Investment Corporation of Dubai has committed to subscribe for its pro rata proportion…
UAE’s tax authority urges tax registration for new excise duties
Federal Tax Authority on Tuesday urged all manufacturers and importers of items listed in the expanded list of excise duties…
UAE- Digitrans 2019 to focus on digital transformation
Businesses across the Middle East region today need to have a firm grasp on the intricacies of digital transformation so…
Swiss Bankers Wrap Saudi Arabia Trip
Swiss bankers including Credit Suisse's Thomas Gottstein wrapped up a Swiss government-led visit to Saudi Arabia. The group talked sustainability…
Bank account information of Iqama holders: UAE ministry approached to seek access
Federal Board of Revenue has urged the Ministry of Finance, United Arab Emirates, to convene an urgent meeting between Pakistan…
Lebanon's c. bank urges quick solution to avoid future collapse
Lebanon's central bank governor said on Monday a solution must be found in days to a crisis unleashed by huge…
Kuwait – Banks have no right to increase interest rate on a loan
The Court of Appeals ruled that a local bank had no right to increase the interest rate on a loan,…
Corbat to Fink: The Who’s Who of Finance Head to Saudi Arabia
Global finance and business elites are descending on Riyadh this week for Saudi Arabia’s marquee investment summit after last year’s…
Choosing the right agency for your Citizenship-by-Investment application is more crucial than ever before
The appetite for Citizenship-by-Investment and Residency-by-Investment programs in the Middle East is growing rapidly. As the industry matures, governments…