Turkey reinforces monetary tightening with fiscal caution
The Turkish government will attempt to stabilise the economy through a more prudent fiscal policy, the government said on September…
Regulation, Risk & Compliance
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Dubai Chamber to head working group on SME banking challenges
H.E. Al Mansoori: The UAE continues to offer new outstanding opportunities for entrepreneurship and international partnerships in all economic sectors…
Abraaj’s fund management rights to be transferred to investors
Abraaj’s fund management rights are set to be broken up and transferred to investors including UK-based Actis, signalling an end…
KAMCO successfully completes purchase of major stake in Global
KAMCO Investment Company has announced that it has completed the previously announced purchase of 396,426,434 shares in Global Investment House,…
CBD and PwC in digital innovation pact
Commercial Bank of Dubai (CBD) and PwC Middle East, recently signed an agreement on an innovation programme that will help…
IFRS 9 adoption seen to strengthen provision coverage at Qatar banks
The adoption of IFRS 9 appears to have strengthened the provision coverage at Qatar’s commercial banks, according to experts. …
Kuwait central bank looks to regulate ‘e-payment’ system
The Central Bank of Kuwait (CBK) has issued instructions for all service providers, including companies and institutions, to register in…
Emirates-Etihad May Be the Airline Deal of the Decade. Here’s Why
A combination of Dubai-based Emirates and Abu Dhabi’s Etihad would be the airline industry’s deal of the decade, if it…
Leaving UAE? Know these rules to avoid legal hassles
My son is an investor in a company registered in Dubai and holding a partner visa from the firm. The…
Casa calls on Dubai Bank to release 17 Black information
Partit Nazzjonalista's Head of Delegation in the European Parliament today called on the Dubai-based Noor Bank to release identifying information…
Emirates said to seek Etihad takeover to create world’s largest airline
Persian Gulf airline Emirates is looking at taking over unprofitable neighbor Etihad, people familiar with the matter said, in a…
Switzerland and Israel share thoughts on ICO regulation
Joerg Gasser, head of the State Secretariat for International Financial Matters, and Finance Minister Ueli Maurer made the trip to…