Dubai International Financial Centre the End to End of Service Gratuity
Hot on the heels of recent updates to the DIFC employment law, DIFC Employment Law No. 2 of 2019, the…
Regulation, Risk & Compliance
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Qatar’s Islamic finance sector to get central regulation; profitability remains high
The Islamic finance sector in Qatar is moving towards a higher level: Efforts are underway to standardise and centralise the…
PIFSS approves merger of KFH and Bahrain Ahli Bank
The Public Institute for Social Security has initially approved the merger of Kuwait Finance House and the Ahli United Bank…
DIFC – the End to End of Service Gratuity
Hot on the heels of recent updates to the Dubai International Financial Centre (DIFC) employment law, DIFC Employment Law No.…
CBB issues rules for insurance aggregators
Rules on insurance aggregators have been finalised in Bahrain paving the way for ‘insurtech’ businesses. The Central Bank of…
CBK honors MoF regulations in bid to combat tax evasion.
The Central Bank of Kuwait had set a deadline of Thursday for local banks to send information about Kuwaitis and…
Qatar says economic growth to accelerate in 2019-2020
Qatar's economic growth will accelerate over the next two years amid expectations of stable oil prices and continued strong exports,…
UAE's The First Group eyes expansion after $135m sukuk deal
Shuaa Capital on Thursday announced the issuance and placement of a $135 million dollar-denominated five-year sukuk for The First Group…
Egyptian tycoon and Mubarak ally Hussein Salem dies
Hussein Salem, one of Egypt’s most prominent businessmen and an ally of deposed president Hosni Mubarak, died in Spain on…
DFSA signs an MoU with the Central Bank of Egypt
The collaboration includes, but is not limited to combatting financial crime, conducting consolidated supervision of common firms and discussing crisis…
Crypto currency reigns
Bahraini start-up cryptocurrency firm Rain graduated from the Central Bank of Bahrain (CBB) regulatory sandbox and went live at the…
How to make the best of your financial situation in the UAE
With all the advantages or a reassignment to the UAE, expats can easily be carried away by their new, luxury…