AAOIFI unveils new Islamic Shari'ah standard on gold
The new Standard was officialy unveiled at a launch event in Dubai on 5 December 2016 where the Accounting and…
Regulation, Risk & Compliance
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Sweeping Law Changes Open Way For Foreign Investors
Bahrain is throwing open doors to business by easing rules for starting and running companies for foreign investors. The…
Ministry of Finance adopts electric-powered vehicles
The Ministry of Finance, MoF, signed a Memorandum of Understanding with Emirates Transport to provide the Ministry with electric-powered vehicles. …
Al-Arabiya Islamic Bank Selects ICS BANKS ISLAMIC System from ICS Financial Systems
The signing ceremony took place in Amman Jordan Attending the ceremony were the General Manager of Al-Arabiya Islamic Bank; Mr.…
Inside Investment: UAE-UK tax rule frees up offshore pension transfers
Peter CooperUnder the new UAE-UK double taxation convention that came into force on January 1, if you are a UK…
Dubai's DFSA signs MoU with European Securities and Markets Authority
The Dubai Financial Services Authority, DFSA, and the European Securities and Markets Authority, ESMA, have entered into information sharing and…
CMB Shakes the FX Market and Tweakes the Public Disclosure Regime
On February 10, 2017, the Capital Markets Board of Turkey (the “CMB”) published amendments to the following communiqués: Communiqué on…
Nasdaq and Borse Dubai Sign Landmark Market Technology Deal
Nasdaq, Inc. and Borse Dubai today announced a new landmark agreement to bolster the technological infrastructure of Dubai's stock exchanges,…
Abu Dhabi financial law underscores transparency
A new law in Abu Dhabi is intended to ensure transparency and accountability in all of the city’s government work…
United Arab Emirates Consider to Officially Recognize Bitcoin, Work on Regulatory Framework
Following in the footsteps of the Philippines and China, the government of the United Arab Emirates and its Central Bank…
Bahrain's SICO announces 2016 results
Securities & Investment Company, licenced by the Central Bank of Bahrain as a conventional wholesale bank, announced today its financial…
2016 represents a 'Year of Firsts' for 'DIFC'
Dubai International Financial Centre, the leading financial hub in the $7.4 trillion Middle East, Africa and South Asia region has…