Lebanon passes disputed tax hikes to fund public sector pay rise
Lebanon's parliament approved contentious taxes needed to finance a public sector pay rise on Monday and Prime Minister Saad al-Hariri…
Regulation, Risk & Compliance
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Dubai has world’s first government entity to conduct transactions through Blockchain network
The Dubai Land Department (DLD) has achieved another technical milestone by becoming the world’s first government entity to adopt Blockchain…
Capital Investments launches online and mobile-enabled stock trading application
Capital Investments, Capital Bank of Jordan's investment arm, has launched its new stock trading application, ‘CapInvest Trader’. The new…
SBI Life to open Bahrain branch by December
SBI Life is likely to open a branch in Bahrain by the end of 2017, enabling the insurance major to…
Foreign policy and opportunistic lawsuits
Navigating the shoals of foreign policy is hard at the best times, especially in the Middle East. It becomes…
64 per cent of expats working in the UAE plan to return back home when they retire
This highlights the need for expats to choose savings and investment solutions which are suitable and portable back to their…
Saudi women finally get behind wheel of luxury cars
Saudi women are making the most of their newfound right to drive, testing out some of the world’s most exotic…
Qatar c.bank's foreign reserves, liquidity rebound from sanctions hit
The Qatar central bank's international reserves and foreign currency liquidity rebounded in August after falling steeply for two months because…
UAE Banks Desperate to Sell Qatar Loans
A number of banks in the UAE are in talks with international counterparts to sell down their Qatar exposure as…
SAMA to launch virtual riyal for banks
The Saudi Arabian Monetary Agency will implement a pilot project to issue a virtual/digital currency that will be traded exclusively…
Saudi Arabia Studies Issuing Three Banking Licenses, Establishing a Digital Currency
The Saudi Arabian Monetary Agency expected positive growth rates for the Saudi economy over the upcoming period, confirming that the…
Saudi processing three applications for banking licences
The Saudi central bank has received three applications for banking licences and processing them is at an advanced stage, central…