Dubai Financial Market updates Sharia standards
Bourse became the world’s first Sharia-compliant exchange in 2007 The Dubai Financial Market (DFM) has published updated Sharia standards…
Regulation, Risk & Compliance
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Exempted companies to operate locally
Government has released a bill to amend the Local Companies (Control) Law that would allow exempted companies to carry out…
Israel Admitted to Global Anti-Money Laundering Organization
Israel is now a full member of the Financial Action Task Force because of its help in tracking down money…
Qatar’s asset management industry to see sharp growth
Qatar’s asset management industry is expected to witness sharp growth over the coming years as there is a huge untapped…
ICAEW recognises Middle East's best finance professionals
The region's best and brightest in accountancy and finance were celebrated yesterday evening (Wednesday, 5th December) at the ICAEW Middle…
KoreConX announces partnership with Middle East consultancy firm
KoreConX, the first all-in-one platform for companies to manage their business activities, is partnering with Metis Management Consultancy, a UAE-grown…
Standard Chartered slashing jobs in Dubai, Singapore
Standard Chartered, the Asia-focused London-based bank, is cutting jobs in Dubai, Singapore and other key markets, as it continues efforts…
RENAC’s green banking programme launched for MENA
The Renewables Academy AG (RENAC), an international training provider for green energy technologies, has announced the start of the scholarship…
CBK prepares draft law regulating bankruptcy & restructuring banks
The Central Bank of Kuwait has prepared a draft law regulating the bankruptcy and restructuring of local banks, independent of…
CBRE and Excellerate Announce Plans for Africa and Middle East Joint Venture
CBRE Group, Inc. has announced that it has agreed to form a joint venture with Excellerate Property Services (Excellerate) to…
Bahrain cbank issues final rules on open banking
The Central Bank of Bahrain (CBB) today (December 6) issued the final rules on “open banking”, which will facilitate the…
DFSA signs MoU with Bank Negara Malaysia
The Dubai Financial Services Authority has entered into a Memorandum of Understanding with Bank Negara Malaysia, the country’s central bank,…