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…
Regulation, Risk & Compliance
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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…
Saudi Arabia issues 390,000 work visas during first quarter
The report showed 229,457 were issued for the individuals representing 58.8%, 143,685 for the private sector and 17,686 for the…
Insurance premiums in Bahrain grow 6% in 2018
Insurance premiums in Bahrain grew by six per cent year-on-year to BD284 million as of the end of 2018, due…
DIFC rolls out ‘crucial’ insolvency law in cross-border move
The Dubai International Financial Centre has enacted a new insolvency law which it said meets international best practice guidelines. …
UAE Cabinet to increase youth participation in public, private sector boards
The UAE Cabinet has adopted a decision to increase and promote the participation of Emirati youth in the boards of…
Oman to introduce Common Reporting Standards
Oman, in line with its commitment to align itself with international best practices in tackling cross-border tax evasion and meeting…
Open account in Riyad Bank without visiting branch
A new service launched by Riyad Bank enables customers to open current accounts online without the need to visit the…