Dubai suspends licence of company in DIFC
The Dubai Financial Services Authority – the independent regulator of financial services conducted in or from the Dubai International Financial…
Regulation, Risk & Compliance
8954 articles found
Boutique Firm Led by Ex-UBS Banker to Bid for Abraaj Funds
A boutique investment firm founded by former UBS Group AG banker Yassine Bouhara is bidding to buy funds managed by…
Trade Bank of Iraq and ESDS software solution sign MOU for developing Fintech and a cloud platform
Alpen Capital Limited acted as the sole financial advisor for the transaction between the two firms, which aims to establish…
DFSA suspends licence of Rasan Capital Limited
The Dubai Financial Services Authority the independent regulator of financial services conducted in or from the Dubai International Financial Centre …
Sharjah Islamic Bank mandates banks for capital boosting sukuk
United Arab Emirates’ Sharjah Islamic Bank has hired banks to arrange investor meetings ahead of an issuance of U.S. dollar-denominated…
UAE investors hit as dodgy 'halal' firm folds up in India
Scores of Indian expats in the UAE have been left devastated after losing their life savings to a dodgy ‘halal’…
Will VAT rate go up in GCC?
The GCC states will eventually increase value-added tax (VAT) rate, which is one of the lowest in the world, but…
Abraaj investor Patrick Chalhoub cautions against over regulation after fund's collapse
Dubai businessman Patrick Chalhoub, who made a personal investment in the now defunct private equity company Abraaj, said its collapse…
Fraudster behind $50m Bitcoin scam that duped UAE investors admits crimes
The fraudster behind a $50m bitcoin fraud which duped hundreds of investors around the world and dozens in the UAE…
India mulls FDI move to attract more Middle East investors
India is considering allowing foreign investment funds to buy stressed loan portfolios of banks, a move which is expected to…
How Lebanon Will Dodge Its Looming Debt Crisis
The economic outlook for Lebanon is not nearly as bad as some would have you believe. And that presents…
Egypt's parliament considering banking system draft law
According to Egyptian parliamentarians who spoke with Al-Monitor, the Egyptian parliament is currently considering the Central Bank of Egypt draft…