Dubai Cancels Corporate Fines to Boost Business
The business landscape has been dampened by new taxes and slumping asset markets. A decree by Dubai ruler Sheikh…
Regulation, Risk & Compliance
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Explained How the Saudi-led Blockade of Qatar Actually Made the Tiny Emirate Stronger
If your country was under threat from a powerful expansionist rival, turned into political island by a trade blockade, had…
US Mounts Major Global Money-Laundering Campaign
The US Treasury Department has initiated a wide-ranging campaign against money laundering across the globe and is leaning on governments…
OECD sees stronger world economy, but risks loom large
The global economy is experiencing stronger growth, driven by a rebound in trade, higher investment and buoyant job creation, and…
Bahrain follows UAE with long-term investor visas
Bahrain’s government has announced it is working on a law that will allow foreigners to obtain 10 year “self-sponsored” visas,…
Deutsche Bank cuts 8 equities research positions in Dubai
Deutsche Bank has cut eight positions within its equities research team in Dubai, as it moves to close the unit…
Central Bank of Bahrain on the forefront of innovation
A delegation from the Central Bank of Bahrain (CBB) recently visited the Visa Innovation Center. The visit came in…
Kuwait's economic growth recovering — Belgian finance house
The six-member Gulf Cooperation Council countries have implemented significant fiscal consolidation and this has improved the fiscal balances of most…
DFSA obtains DIFC Courts Judgment to Enforce a Fine
The Dubai Financial Services Authority has recently obtained judgment in the DIFC Courts’ Court of First Instance to enforce payment…
Commercial Bank, QFC sign MoU for strategic partnership
Commercial Bank and the Qatar Financial Centre have formed a strategic partnership where Commercial Bank will be the preferred bank…
QIB, QPAY to launch Qatar’s first Islamic PoS solution
Qatar Islamic Bank has signed an agreement with Qatar’s largest fintech company, QPAY International, to launch the first Islamic point…
UAE non-oil economic growth slows slightly: central bank
Non-oil economic activity in the United Arab Emirates grew by 3.1 percent from a year earlier in the first quarter,…