DIFC welcomes three global firms
Dubai International Financial Centre, said three new major international firms Berkshire Hathaway, State Street Global Advisors, and Maybank Islamic have…
Regulation, Risk & Compliance
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UAE Central Bank caps retail banking fees in boost to expat-friendly economy
The Central Bank of the UAE said on Tuesday it has set a maximum limit on fees and commissions charged…
T Rowe's Bell: untapped Saudi Arabia potential is huge
Saudi Arabia will almost certainly be approved this week for an upgrade from its standalone classification to the MSCI Emerging…
UAE cbank sets new caps on banking fees
The UAE Central Bank has announced new maximum limits or ‘caps’ for fees or commissions charged on retail customer service…
Global financial firms join DIFC community
Dubai International Financial Centre, said on Tuesday that three new major international companies; Berkshire Hathaway, State Street Global Advisors, and…
Banks should give better incentives to save in the UAE
With the dirham pegged to the dollar, it makes sense that the UAE Central Bank follows the federal policy and…
Managing Egypt’s Assets
Last April, the Egyptian Cabinet approved a draft law to establish a sovereign wealth fund to manage state assets with…
GCC economies set to loosen purse strings to boost growth
After going through three years of fiscal tightening, GCC economies are once again loosening their purse strings to support non-oil…
UAE to give Ethiopia $3 billion in aid and investments
The United Arab Emirates pledged a total of $3 billion in aid and investments to Ethiopia on Friday, an Ethiopian…
Who stands to benefit from the UAE's visa and investment rules?
Last month the United Arab Emirates announced it would ease restrictions on foreign business ownership and residency rights in a…
Talks over three-way Qatari bank merger collapse
Talks to merge three Qatari banks have ended after they were unable to reach an agreement, the lenders said in…
How UAE rate hike will affect businesses, consumers
The key interest rate hike announced on Thursday by Central Bank of the UAE will have a sudden direct impact…