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…
Regulation, Risk & Compliance
8960 articles found
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…
UAE enhances cooperation with Cyprus and Belgium
Obaid Humaid Al Tayer, Minister of State for Financial Affairs, met with his counterpart Harris Georgiades, Minister of Finance of…
Al Baraka Banking Group & Eazy financial Services inks MoU
Al Baraka Banking Group have signed a Memorandum of Understanding paving the way to conduct a feasibility study for deploying…
Cabinet restructures Emirates Development Bank board
As part of its plan to modernise work mechanisms in the federal government, the UAE Cabinet has restructured the Board…
UAE, Hong Kong sign agreement on the mutual promotion and protection of investments
The Ministry of Finance has signed an agreement to encourage and protect investments between the UAE and the Government of…
Turkish central bank holds rates, shifts its focus to ‘disinflation’
Turkey’s central bank yesterday held its key interest rate steady at 24%, appearing to pave the way for a rate…
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…