8 large managers back SWF climate change framework
Eight money managers endorsed the One Planet Sovereign Wealth Fund Framework, set up by sovereign wealth funds that collectively manage…
Regulation, Risk & Compliance
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PNB scam: Enforcement Directorate attaches Mehul Choksi's Dubai assets worth Rs 24.8 cr
The Enforcement Directorate attached immovable properties and bank account worth Rs 24.77 crore of Mehul Choksi under Prevention of Money…
Economic Substance Rules: How Can They Impact Your Business in the UAE?
There is a multitude of companies in the UAE that are owned by entities incorporated in “no or only nominal…
Dubai financial regulator warns of easy loan scam
The DFSA is advising members of the public to not respond to kyo Microfinance Bank Limited or any person or…
Turkey’s competition authority approves Emirates NBD taking over Denizbank
Turkey’s competition authority on Wednesday gave approval to Emirates NBD Bank to take over Denizbank, Turkey’s fifth largest private bank…
UAE equity indices ended way higher than expected as the expectation had fallen due to unforeseen issue
The UAE’s primary value records finished in the green on Tuesday even the same number of other developing business sector…
Local Press: UAE banks ready to face domestic and external risks
A local newspaper has said that the UAE’s banking system continues to remain strong enough to weather global macro-financial risks.…
DIFC introduces new business licensing categories, fees
Dubai International Financial Centre the leading international financial hub in the Middle East, Africa and South Asia region, is continuing…
Dubai’s Jobless Recovery Adds Asterisk to Biggest Boom in Years
Dubai is getting by with less as the emirate’s economic turnaround leaves a trail of job losses. Although business…
IIFM Pushes Ahead with Plan for Development of Islamic Finance
The 40th meeting of the Board of Directors of the International Islamic Financial Market convened in the Dubai offices of…
UAE Introduces Mandatory Country By Country Reporting Article by Grant Thornton
UAE has published Cabinet Resolution 32, the introduction of new country by country reporting obligations that multinationals will be required…
The Global CIO Office Weekly – How Much Lower for Government Bond Yields?
Little to persuade us that government bond yields can’t go lower Credit, duration and emerging market debt all to benefit…