Qatar growing steadily and building accelerated economy
Qatar is witnessing “remarkable development towards building a fast-growing and accelerated economy”, UK Secretary of State for Transport and Member…
Regulation, Risk & Compliance
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Saudi officials detain 11 princes after they protested at a royal palace over austerity measures including being forced to pay their own utility bills
Saudi authorities have detained 11 princes after they protested at royal palace in Riyad against austerity measures including having to…
1,705 Kuwaiti firms registered at Dubai's Chamber, says KBC
Up to 1,705 Kuwaiti companies are registered at the Dubai Chamber of Commerce and Industry, the Kuwait Business Council in…
Cabinet ratifies eight agreements and MoUs
The cabinet yesterday approved the draft law regulating non-Qatari investments in the economy and ratified eight agreements and Memorandums of…
Turkey: The Data Protection Authority Publishes the Regulation on Data Controllers Registry
Recent Development The Regulation on Data Controllers Registry, prepared by the Data Protection Authority , was published on December…
New draft law on foreign investment to boost economy
The new draft law on organising foreign investment aims to attract foreign capital by 100% in all economic and commercial…
Qatar plans central Shariah committee for Islamic banks
Qatar is planning to set up a central Shariah committee for Islamic banks to create consistency in Islamic finance, according…
S. Arabia, UAE levy VAT in first for Gulf
Saudi Arabia and the United Arab Emirates introduced value-added tax from Monday, a first for the Gulf which has long…
Financial Conduct Authority delays rule change for Saudi Aramco’s $2 trillion listing
The City regulator has delayed a decision on an overhaul of stock market rules that would enable the $2 trillion…
Qatar central bank’s international reserves, liquidity rise in November
The Qatar central bank’s international reserves and foreign currency liquidity rose slightly in November, official data showed on Sunday, as…
Saudi forex reserves rise for second month
The Saudi Arabian central bank’s foreign reserves rose in November for a second straight month, in a sign that higher…
Saudi businessman in debt dispute reportedly released from detention
A Saudi Arabian businessman whose family’s commercial empire is involved in a multi-billion dollar debt dispute has been released from…