SAMA governor rules out Saudi transactions with troubled US banks
Ayman Al-Sayari, governor of the Saudi Central Bank (SAMA), ruled out on Thursday any transactions by Saudi financial institutions with…
Regulation, Risk & Compliance
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UAE to make remote services mandatory for all healthcare providers
It will be mandatory for all healthcare providers in the UAE to provide at least one form of remote services…
UAE Central Bank gives green light to UAE’s first paperless Direct Debit Marketplace
UAE Central Bank has given the go ahead for the Emirates’ first paperless Direct Debit Marketplace, to provide payers and…
Alvarez & Marsal Releases FY2022 UAE Banking Pulse
UAE banks are ‘strong, capitalization is in good shape’ with higher return ratios Profitability of top 10 lenders increased by…
Silicon Valley Bank collapse will have very little effect on Kuwaiti banks – Kuwaiti central bank
The central bank of Kuwait said on Sunday that local banks would suffer very little effect from the collapse of…
Qatar's FX reserves, hard currency liquidity rose to $64.56bln in February
Qatar Central Bank's international reserves and foreign currency liquidity rose to 235 billion Qatar riyals ($64.56 billion) in February against…
Saudi makes visa rule change; opens doors to all GCC residents
Saudi Arabia has announced a major change to the visa application process with regard to the residents of Gulf countries.…
Saudi Arabia, Germany sign 7 deals to enhance investment cooperation
Saudi Arabia and Germany have signed seven agreements following a high-level delegation’s three-day visit to Berlin, the Saudi Press Agency…
Saudi mining giant Ma'aden gets DIFC captive licence
Saudi Arabian Mining Company (Ma'aden), the largest multi-commodity mining and metals company in the Middle East and one of the…
UAE tax residency certificates: Step-by-step guide, cost to get them
Individuals who spend 183 or more days in the UAE during a year are considered tax residents. They can obtain…
Iron Wealth gets approval for multi-family office services in Dubai
Iron Wealth Managers Multi Family Office FZCO (Iron Wealth) has received the approval of Dubai World Trade Centre Authority (DWTC)…
New UAE Governments Net Zero 2050 Charter to drive collective climate action
The landmark UAE Governments Net Zero 2050 Charter was signed in the presence of Sheikh Mohammed bin Rashid Al Maktoum,…