UAE resident alert: 5% VAT is officially coming by Jan 1, 2018
Policy makers in the six-nation Gulf Cooperation Council are aiming to introduce a 5 percent value-added tax at the start…
Regulation, Risk & Compliance
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Claimants request more time in Deloitte Middle East legal case
Dubai International Financial Centre Courts has granted a Dubai and Lebanon-based investment firm an extension to file evidence in a…
Islamic finance boom calls for increase in human capital
In the fast-growing industry of Islamic finance, the lack of specialized, trained human capital in the field continued to be…
Private Banks Seize on Innovative Ideas to Win Customers
Private banks in Iran have started to embrace innovative technologies more than ever, striving to address major issues on their…
Bahrain's Ibdar appoints the BIBF for board training
Bahrain-based wholesale Islamic Investment bank, Ibdar Bank, has announced the appointment of Bahrain Institute of Banking and Finance to deliver…
Al Khaliji signs MoU with CMU-Q for education, research and community development
The agreement includes the provision of scholarships and internships to CMU-Q students, as well as offering training programmes and sessions…
Al-Arabiya Islamic Bank selects ICFS platform
ICS Financial Systems Limited, the global software and services provider for banks and financial institutions, announced that Al-Arabiya Islamic Bank,…
Credit insurer Coface expects easing in payment delays in Saudi Arabia
Payment delays in Saudi Arabia should ease gradually in 2017 after recent payouts by the government to companies, particularly builders,…
Countering financial crimes remains a top priority of UAE market regulators
The capital markets regulator said on Sunday that countering financial crimes remains a top priority of regulators, at the same…
Easing liquidity conditions to reduce funding costs of Saudi banks
The consistent decline in Saudi Interbank offered rate is expected to bring down the overall funding costs of Saudi banks…
QNB planning to open branches in Saudi and India in overseas push
Qatar’s largest public sector bank, is planning to open branches in Saudi Arabia and India this year as part of…
Israeli leader vows new settlement as West Bank outpost is dismantled
Israel's prime minister on Thursday vowed to establish a new West Bank settlement "as soon as possible," promising to make…