Resolving bank fraud a lengthy process for UAE customers
If you fall victim to credit card or bank account fraud, it can take several months for the bank and…
Regulation, Risk & Compliance
8959 articles found
UAE 'sin tax' comes into effect today
The UAE’s Excise Tax came into effect today, doubling the price of tobacco and increasing the price of soft drinks…
Saudi Arabia finalizes seven deals with Russia worth $1 bln
Business relations between Saudi Arabia and Russia have been making headway at a steady phase since 2015, when the Public…
Saudi Capital Markets Authority and Tadawul stock exchange
FTSE Russell is set to announce over the weekend in the Middle East if it will add Saudi Arabia and…
Imminent Activation of Yemeni Outward Transfers via Domestic Banks
London- Yemeni commercial banks have been informed that outward transfers will be activated soon, but they are required to meet…
Saudi Arabia's regulator set to ease share listing, M&A with new rules
Saudi Arabia plans to unveil regulations to make share listings easier and encourage mergers and acquisitions among publicly traded companies…
Nasdaq Dubai welcomes listing of $1.25bln Sukuk by Islamic Development Bank
Nasdaq Dubai has welcomed the listing of a US$1.25 billion Sukuk issued by the Islamic Development Bank, IDB. The…
Calypso lands IT overhaul deal with Invest AD
Abu Dhabi Investment Company (Invest AD) is implementing new treasury and asset management software from Calypso, front-to-back office. This…
Banking sector weaker than before global financial crisis
The banking sector is still vulnerable despite new measures to make it more resilient following the 2007-08 global financial crisis.…
Bahrain “Open to Bitcoin” and Blockchain
Bahrain is closely looking at digital currencies. According to Khalid Al Rumaihi, the chief executive of the Economic Development…
Turkish Ministry of Finance Announces New Tax Rate Increases – Esin Attorney Partnership
Naci Ağbal, the Ministry of Finance, has announced the following tax increases during the Medium Term Program meeting (2018-2020): …
Creditors tell High Court that Dana Gas sukuk get-out is "absurd"
A claim by Dana Gas that it does not have to pay back its Islamic bonds because they are no…