UAE's ADIB issues capital-protected equity investment structured note
Abu Dhabi Islamic Bank, a leading financial institution, has launched its first Sharia compliant equity investment structured note of the…
Regulation, Risk & Compliance
8959 articles found
GCC banks set for hectic fund-raising
According to the International Monetary Fund's October 2016 outlook, in 2017, the economy of Saudi Arabia is expected to grow…
Bank of China to establish deposit bank in Turkey
The Bank of China has received permission to operate a deposit bank in Turkey through the investment of $300 million,…
Kuwait, India amend double taxation agreement
The Kuwaiti Ministry of Finance on Sunday signed a protocol with India amending the agreement between the two countries to…
Saudi Exchange CEO Is in Full Pursuit of Emerging-Market Prize
Saudi Arabia’s stock exchange is making a determined bid to win emerging-market status in 2017, a designation likely to trigger…
Sultan Al Mansouri, the UAE Minister of Economy, and his views on VAT, infrastructure spending and the investment law
The growth outlook for the UAE economy remains positive, thanks mainly to its all-encompassing economic diversification policy and national sustainability…
VAT to generate Dh20 billion in second year for UAE, Minister of Economy says
The UAE, which plans to introduce value added tax next year alongside the other five GCC countries, could generate up…
Exclusive: Oman in talks with Gulf states to obtain multi-billion dollar deposit – sources
Oman is negotiating with wealthy Gulf Arab states to secure a multi-billion dollar deposit in its central bank that would…
DFSA’s Framework Receives Regulatory Equivalency to European Union Regime
The Dubai Financial Services Authority (DFSA) has announced that its regulatory framework for central counterparties (CCPs) has been classified as…
UAE introduces new legal framework for venture capital funds
Aiming to facilitate the work of innovators and attract venture capital funds to the country, the new legal system involves…
BBK announces a restructuring and new appointments in its Executive Management
Bahrain's BBK has announced new appointments in its Executive Management including Dr. Abdulrahman Saif - Deputy Chief Executive - Head…
UAE issues new rules for online payments
The UAE Central Bank on Wednesday issued new regulations for "stored value digital payments". In a statement the central…