UAE hospital operator NMC Healthcare reaches out-of-court settlement with Dubai Islamic Bank
The UAE hospital operator NMC Healthcare has reached a settlement on all legal disputes with Dubai islamic Bank, one of…
Regulation, Risk & Compliance
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PwC signs major digital consulting MoUs in Saudi Arabia
PwC’s digital consulting team in Saudi Arabia has beefed up its portfolio of work in the public sector with the…
ADCB, Tamweely sign EGP 100m deal to finance SMEs
Abu Dhabi Commercial Bank Egypt and Tamweely Microfinance have signed a facility contract worth EGP 100m to support small and…
Baker Tilly Middle East hit with $50,000 fine by ADGM for 'serious failings' in 2 audit works
The audit firm Baker Tilly Middle East has been hit with a $50,000 fine from Abu Dhabi Global Market's Registration…
Saudi Arabia’s Civil Code: exceptional unforeseen circumstances and reallocation of risk in construction contracts
Consistent with other civil law codes in the region, Saudi Arabia’s Civil Transactions Law (Civil Code) provides parties with various…
KPMG and DataEQ’s first GCC banking consumer sentiment index reveals Qatar as leader in regional Net Consumer Sentiment
KPMG has collaborated with DataEQ on the region’s first-ever banking consumer sentiment index, designed to quantify the experiences and sentiments…
First-ever GCC banking sentiment index reveals UAE and Qatar banks lead regional Reputational Net Sentiment
Saudi Arabian consumers were the most engaged online, as Saudi banks dominated the GCC’s banking conversation. Qatar topped the overall…
Saudi Public Prosecution approves establishment of intellectual property body
Saudi Arabia’s Public Prosecution has approved the establishment of the Intellectual Property Prosecution, the Saudi Press Agency reported on Wednesday.…
UAE signs agreements with Arab countries to avoid double taxation
The UAE has signed agreements to boost investments and avoid double taxation with Kuwait, Bahrain, Egypt, and the World Bank.…
ADGM joins International Forum of Independent Audit Regulators
Abu Dhabi Global Marke has announced that on 22 January 2024, the Registration Authority (RA) of ADGM became a member…
Commercial Bank International and Fuze sign breakthrough digital assets MoU
Commercial Bank International PJSC and Fuze have announced the signing of a Memorandum of Understanding. The agreement will allow…
Binance ‘hopeful’ about Saudi crypto regulation in 2024
With discussions on cryptocurrency ongoing at several Saudi government bodies, Bandar AlTunisi, Head of Development at Binance in Saudi Arabia,…