Lebanon’s banks are real reason for country’s resilience
Lebanon’s resilience is famous. Since the civil war ended in 1990, Lebanon has survived Israeli onslaughts in 1996 and 2006,…
Regulation, Risk & Compliance
8932 articles found
NBK: Fed chair reiterates tightened monetary policy
US Fed Chair Jerome Powell iterated on the Fed's path to gradually tighten the monetary policy amid the accelerated growth…
High net worth expats increasingly applying for second passport
High net worth residents in the UAE are increasingly applying for second passports to avail of maximum visa-free travel opportunities,…
Deutsche Bank, JPMorgan hire as banks look past Saudi crackdown
Global banks are pushing ahead with growth plans in Saudi Arabia four months after a crackdown on corruption. Lenders…
Bank of New York Mellon Corp plans to set up Saudi office: sources
Bank of New York Mellon Corp plans to establish an office in Saudi Arabia as early as the second quarter…
Qatar weighs proposal on combining three banks
Qatar Central Bank is evaluating a proposal on the three-way combination of Masraf Al Rayan QSC, Barwa Bank QSC and…
MEPs continue crackdown on tax avoidance
MEPs have taken EU finance ministers to task over their decision to remove eight countries from the tax haven blacklist…
New remittance rules announced in Oman
With the announcement of a new rule regarding remittances in Oman, expatriates making large financial transactions will come under scanner…
Saudi c.bank's foreign securities holdings fall as Riyadh mobilises funds
The foreign securities holdings of Saudi Arabia's central bank fell sharply in January in a sign that the government may…
Saxo Bank warns of possible global economic slowdown
The GCC states are likely to face economic challenges this year due to the increased risk of a global slow-down…
Qatar banking sector stays resilient: Sheikh Hamad
The resilience of Qatar’s banking sector was demonstrated by the financial results of the country’s banks including Al Khaliji, said…
FTA sets Wednesday as deadline for tax returns
The Federal Tax Authority has called on all businesses registered for the Value Added Tax , whose first tax periods…