Kuwait government agrees with proposal to tax expats’ remittances
Official sources said the government agrees with a proposal to tax remittances made by expatriates and denied that the Central…
Regulation, Risk & Compliance
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Abu Dhabi, Greek funds agree new $350m investment platform
Greece’s New Economy Development Fund (Taneo) has signed a memorandum of understanding with Abu Dhabi's Mubadala Investment Company to create…
Mawarid Exchange signs Memorandum of Understanding With YES BANK
Mawarid Exchange has recently signed a Memorandum of Understanding with YES BANK one of the top banks in India. …
Bahrain markets sukuk, not proceeding with conventional bond
Bahrain is marketing an international issue of US dollar-denominated Islamic bonds but is not proceeding with a proposed conventional bond…
Turkey: Proposed Amendments To Automatic Enrolment In Private Pension Plans System
Automatic enrolment in private pension plans system for employees was introduced to Turkish law with the Amendment Act published on…
Dubai adviser closes wealth management division
International Adviser understands from sources familiar with the move that Takaud Savings and Pensions trading as Takaud is to focus…
Kuwait Seeks Billions of Dollars in Foreign Investment
Kuwait is seeking billions of dollars in foreign direct investment to boost the economy and reduce dependency on oil revenues…
NBO announces 20 per cent dividend on back of strong performance
The National Bank of Oman (NBO) has decided to reward its investors with a 20 per cent dividend for last…
Finance panel to review proposal to tax expat remittances
The parliamentary financial and economic affairs committee is scheduled to meet today to discuss a proposal to tax expatriates’ remittances.…
ADFD signs deal with Export-Import Bank of Korea
The Abu Dhabi Fund for Development signed on Sunday a cooperation agreement with the Export-Import Bank of Korea as part…
Eagle Hills Diyar inks deal with Al Baraka
Eagle Hills Diyar, the master-planner of the iconic urban development Marassi Al Bahrain, said it has entered into a strategic…
VAT: What are the regulatory challenges for businesses in UAE, Saudi?
Value added tax implementation has been a considerable challenge for most businesses in the UAE and KSA, where compliance with…