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,…
Regulation, Risk & Compliance
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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…
Emerging Markets Turkey purges central bank as nine top officials are sidelined
Turkey's central bank, known as Türkiye Cumhuriyet Merkez Bankası has made the biggest overhaul to its senior management in recent…
QCB key policy rate gone up 100 basis points in 2018 following Fed hike
The Qatar Central Bank had increased its key policy rate by 100 basis points (bps), or one percentage point, in…
Oman, the ‘Switzerland of the Middle East’, is about to find itself in troubled waters over its refusal to take sides
Even though the Sultan himself has repeatedly dismissed the comparison, Oman continues to enjoy the moniker of being “the Switzerland…
VAT q&a: 'What is the penalty for not submitting a tax return on time?'
I have a client whose VAT return is due by August 28. However, he is on holiday and unable to…
UAE shuts down 115 websites, social media accounts
Fraudsters, illegal online sellers and promoters better watch out. Abu Dhabi's Department of Economic Development just shut down 115 websites…
Qatar- Banking sector to benefit from surplus fiscal balance, higher outlay on major projects: QCB
Qatar's surplus fiscal balance and increasing government expenditure on major projects may boost public and private sector investment and credit…