UAE to get first legal structure for foundations
Abu Dhabi Global Market has revealed its intention to create the UAE’s first legal structure for foundations. According to…
Regulation, Risk & Compliance
8953 articles found
Goldman Sachs applies for Saudi equities trading license: sources
Goldman Sachs has applied to Saudi Arabia's capital markets regulator for a license to trade equities in the kingdom, two…
Qatar Development Bank signs cooperation MoU with Dubai Exports
In its ongoing efforts to promote Qatari exports, Qatar Development Bank – through the support of its export arm, Tasdeer…
Kuwaiti government highest-spending in the world
The government of Kuwait has been ranked as the highest spending in the world, according to Al Qabas newspaper. …
Iranian Bank Account Closures in 3 Countries Dampen Trade Prospects
Iranian bank accounts in a handful of regional countries are being closed en masse due to reasons ranging from strained…
Clifford Chance advises NBK on GMTN programme
Clifford Chance has advised National Bank of Kuwait on the establishment of its $3 billion Global Medium Term Note programme…
Large portion goes in paying public employees’ salaries
According to a statistic prepared by the Central Bank of Kuwait, the country’s public spending is the highest in the…
Qatar Development Bank signs cooperation MoU with Dubai Exports
As the spate of global hacking continues unabated at government websites, hospitals and big companies — with the most recent…
UAE forms fatwa council to advocate moderate Islam
The Cabinet approved during it sessions the formation of the UAE Council for Fatwa to be the sole reference for…
Saudi foreign assets keep falling in April amid heavy overseas borrowing
The Saudi Arabian central bank's foreign assets fell in April as the government borrowed heavily abroad, according to official data…
Saudi Arabia to become first GCC country to impose 'sin tax'
Saudi Arabia will become the first Gulf Cooperation Council (GCC) country to impose excise tax at 100 percent on tobacco…
Lebanon seeks a secure financial sector
The Lebanese Cabinet took all but a single minute to grant Riad Salame a fifth six-year term as Central Bank…