UAE Labour Law: Six flexible salary payment options for UAE workers
When you are working in the UAE, there are multiple options available to you to get paid for the work…
Regulation, Risk & Compliance
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UAE-Kenya deals: ADQ to establish investment framework
The UAE’s Ministry of Investment and the Ministry of Finance and National Treasury of Kenya inked a memorandum of understanding…
Network International obtains Stored Value Facility licence from UAE Central Bank
Network International LLC (Network), a leading enabler of digital commerce across the Middle East and Africa (MEA) region, has announced…
Baker McKenzie advises Allianz Group on the sale of its stake in Allianz Saudi Fransi Cooperative Insurance Co. to Abu Dhabi National Insurance Company
Baker McKenzie has advised Allianz Group, one of the world's leading insurers and asset managers, on the sale of its…
The Central Bank: Banks & finance companies may defer personal and car loans installments for six months to overcome the repercussions of the weather condition
The Central Bank has issued a notice to all banks and insurance companies to allow the deferral of repayment of…
Saudi EXIM Bank, Swiss counterpart sign deal to boost non-oil exports
Saudi EXIM Bank and its Swiss counterpart have signed an agreement to boost the Kingdom's non-oil exports, enhancing their global…
Deloitte launches Kiyadat to advance GCC national talent into leadership roles
Deloitte Middle East announced the launch of Kiyadat, a center of excellence designed to empower national talent across the Gulf…
ADGM wins 'Most trusted financial centre brand, Middle East' at Global Brand Awards 2024
Abu Dhabi Global Market clinches the top spot as the "Most Trusted Financial Centre Brand, Middle East” award for 2024…
World Bank projects GCC growth rate to score 3.6% in 2024 and 3.8% in 2025
As MENA countries mostly adopt a reactive market approach, leading sectors in the GCC are directly affected by the Fed’s…
Saudi finance minister to lead Kingdom’s delegation at IMF-World Bank Spring Meetings
Saudi Finance Minister Mohammed Al-Jadaan will head the Kingdom’s delegation to the International Monetary Fund and the World Bank Group…
World Bank doubles Turkey’s exposure to $35 billion: minister
The World Bank has doubled its exposure to Turkey to $35 billion to help stabilize the Middle East’s largest non-oil…
New fraud allegations hit Lebanon's central bank over $8 billion scheme
Leaked financial disclosures suggest that Lebanon's central bank allegedly engaged in transactions with a Lebanese broker to mask hefty financial…