Bahrain may need to boost interest rates to protect currency, IMF warns
Bahrain may need to raise its market interest rates to protect its currency and must refrain from having its central…
Regulation, Risk & Compliance
8959 articles found
Middle East pension schemes due for urgent reforms
Pension schemes in most countries of the Middle East and North Africa (Mena) set up their current national pension schemes…
Saudi authorities study changes to worker dismissal law
Saudi Arabia’s Shoura Council and Ministry of Labour and Social Development are studying amendments to the country’s labour law that…
Qatar emerging stronger despite economic blockade
Qatar has proven its ability to overcome the challenges of the economic blockade imposed by Saudi Arabia and its allies,…
New permit strategy to boost realty sector
The new strategy for issuing building permits in Dubai is expected to benefit both developers and investors in the emirate’s…
Qatar to Tell Banks to Seek Overseas Funding as Gulf Spat Drags On
Qatar is telling its banks to tap international investors to raise financing, instead of mainly relying on government funding, people…
VAT’s impact on UAE’s consumer price inflation will be limited
The impact of the introduction of value added tax in the UAE from January 1, 2018 on annual inflation in…
$205bn worth of cheques handled in H1: UAE cbank
A total of 15.151 million cheques worth Dh755 billion ($205.5 billion) were handled by the Cheque Clearing System during the…
Deposits in UAE banks surge to $120bn in H1
Short-term deposits in UAE banks increased by AED27.9 billion during H1, bringing to AED439.7 billion the total value of short-term…
Qatar,‘damaged’ by ATQ sanctions, has the worst still to come
June was a bad month for Qatar. It suffered a collapse in imports, soaring food inflation and tighter financial conditions…
For many Middle Eastern entrepreneurs, the first order of business starts offshore
When Uber and its Emirati competitor Careem entered Jordan in 2016, they provided welcome relief from the country’s taxi services,…
Jordan approaches banks for dollar bond or sukuk issue- sources
The government of Jordan has asked banks to submit proposals to arrange a U.S. dollar conventional or Islamic bond issue,…