UAE foreign direct investment changes 'will increase diversification' of economy
ANALYSIS: The UAE's much-anticipated Foreign Direct Investment Law has recently come into force, laying the framework for up to 100%…
Regulation, Risk & Compliance
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Bank of Israel Chief to Successor: Make Sure Israel Is Prepared for the Next Crisis
Karnit Flug had big shoes to fill when she succeeded Stanley Fischer as Bank of Israel governor, over four years…
Dubai’s first regulated cryptocurrency exchange launches
Crypto Bulls, Gold Gulf Coin, and the Al Zarooni Foundation have collaborated to launch the first registered cryptocurrency exchange in…
UAE cenbank governor expects 2.8 pct GDP growth this year
The United Arab Emirates central bank expects gross domestic product to grow by 2.8 percent in 2018, its governor said…
Pay your Dubai fines throughout the year in instalments
The memorandum of understanding (MoU) was signed by Brigadier-General Saif bin Abed, director-general of finance at the Dubai Police, and…
Hesitant policies are seen holding back Islamic finance growth in Egypt
The decision of Egypt’s newly appointed Finance Minister Mohamed Maait to issue the first-ever international sukuk in the country’s next…
Bank of Beirut acquires Luxembourg-based Fortuna Bank
Lebanese financial group Bank of Beirut has announced the acquisition of Luxembourg-based Fortuna Bank, after an agreement was reached with…
Central bank to boost risk management, governance
The new federal law (Law No 14) of 2018 on the Central Bank & Organisation of Financial Institutions and Activities…
Ripple’s Dubai Office to be Ready Before 2018 Ends: Confirms Almost 200 Partners
While 2017 was the year Ripple became a household name, 2018 has been a year that Ripple is working on…
Dubai's biggest bank warns over phishing email scam
Dubai's biggest bank has warned customers to beware of a new phishing email scam which claims to offer VAT refunds.…
These UAE sectors will not get 100% foreign ownership under new law
The long-awaited 100 per cent foreign ownership law has come in to effect in the UAE following its publication in…
Kuwait central bank studying potential KFH-AUB merger- Al Arabiya TV
Kuwait’s central bank is studying the “added value” that could arise from a potential merger between Kuwait Finance House and…