Regulation, Risk & Compliance

FinTech

DFSA Grants Sarwa Digital Wealth Ltd In-Principle Approval for Innovation Testing Licence

November 9, 2017

The Dubai Financial Services Authority today granted Sarwa Digital Wealth Limited, an automated investment advice service, in-principle approval  for its…

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Comment & Analysis

200 experts attend debt market summit in Dubai

November 9, 2017

More than 200 executives from leading companies, international and regional investors, market participants and government officials attended the recent Regional…

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Legal

Arab Chamber strikes deal with Bahraini organization

November 9, 2017

The Arab Brazilian Chamber of Commerce signed on to a memorandum of understanding this Wednesday (8) with the Bahrain Chamber…

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Comment & Analysis

Iraq Hits Kurdish Banking

November 9, 2017

Iraq’s central bank has ordered private banks to close their branches in the Kurdistan region within a week to avoid…

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Regulation, Risk & Compliance

VAT In UAE: The Highs And Lows Of The Tax System

November 9, 2017

School fees will be spared, but residents should keep an eye on their budgets as water, power, food and jewellery…

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Comment & Analysis

Complex Middle East Equation

November 8, 2017

Wealth management industry veteran Gary Dugan looks at the problems facing Dubai and its surrounding financial centres as oil price…

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Investment Banking

Mohammed bin Rashid receives Chairman of Standard Chartered and CEO of Barclays Bank

November 8, 2017

UAE Vice President, Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum, received today at…

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Investment Banking

Banks Invest $653 Million To Build The World’s Largest Solar Park In Egypt

November 8, 2017

A consortium of ten banks—including the International Finance Corporation, the private investment arm of the World Bank—has invested $653 million…

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Comment & Analysis

"The World in Transition": The GCC Board Directors Institute Concludes Its 5th Annual Chairman Summit

November 8, 2017

More than 130 chairmen, board directors and senior executives from around the world convened in Riyadh on Wednesday 1st November,…

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Comment & Analysis

Access to credit for companies in Gulf countries remains low, says World Bank

November 7, 2017

All six countries of the Gulf Cooperation Council held relatively low rankings for credit availability on the World Bank’s Doing…

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FinTech

Kuwaiti Banks Ban Use Of Bitcoin Digital Currency

November 6, 2017

Banks operating in Kuwait have banned any use of the worldwide cryptocurrency and digital payment system Bitcoin, Al Qabas newspaper…

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Comment & Analysis

EGF Hermes Launches Its London Annual Conference

November 6, 2017

The Middle East’s leading investment bank, EFG Hermes, kicked off Monday its seventh annual EFG Hermes London Conference with the…

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