Riyad Bank establishes a Special Purpose Vehicle entity
It is a limited liability company, fully owned by the bank and registered with authorised capital of $50,000, based in…
Regulation, Risk & Compliance
8959 articles found
GCC countries to implement VAT in January 2018
Along with the UAE, Saudi Arabia, Kuwait, Qatar, Oman and Bahrain will adopt the new tax which will act as…
Six Gulf nations aiming for simultaneous VAT adoption in January: UAE official
Policy makers in the six-nation Gulf Cooperation Council are aiming to introduce a 5 percent value-added tax at the start…
DFSA Launches Second Consultation into Crowdfunding Framework to support SME Financing
The Dubai Financial Services Authority (DFSA) has today launched the next phase of consultations on its proposed framework for regulating…
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…
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,…