Recovery agents harassing debtors in UAE
Debt-ridden residents in the UAE are increasingly feeling harassed and threatened by collection agents who are out to recover payments…
Regulation, Risk & Compliance
8931 articles found
OMINVEST notes progress on acquisition of OAB's Investment Management Group
Established in April 1998, OAB`s Investment Management Group is licensed by Capital Market Authority and Central Bank of Oman to…
What does the Bank of England base rate cut mean for UAE and GCC expats?
The Bank of England has cut the base rate for the first time in over seven years, reducing it from…
Turkey to Introduce a New Tax Amnesty Law
In an effort to ensure the sustainability of the national economic growth, reduce the burden of public debts incurred by…
Consortium awaits regulatory nod to acquire OAB unit
Oman International Development and Investment Company (Ominvest) on Tuesday said that the company and its strategic partners are in the…
ICBC aims for benchmark dollar bond via Dubai by year-end
Industrial and Commercial Bank of China (ICBC) aims to issue a U.S. dollar-denominated, benchmark-sized bond through its Dubai office before…
Brexit impact minimal on Middle East, law firm says
As many come to terms with the result of the June 23, 2016, British referendum to leave the European Union,…
Standard Chartered to get half a billion in IFC debt
The International Finance Corporation is to open a US$500mn trade finance facility to Standard Chartered to allow it to continue…
GCC banks setting capital ratio, provisioning for NPLs counter-cyclically to oil prices, says IMF
Banks in the GCC countries have been setting the capital ratio and provisioning for NPLs counter-cyclically to oil prices, according…
Govt plan to lift private investments growth in Qatar, says QCB governor
Qatar’s initiatives to increase private sector participation in national economic development will enhance private investments and trigger private sector demand…
Sovereign Wealth Fund law to be submitted to Parliament as new driving force for mega projects
Finance Minister Ağbal announced that the law to establish Turkey's Sovereign Wealth Fund will be handed in to Parliament today.…
Dubai Islamic Bank keeps up to guidance and expectations despite tough operating conditions
Dubai Islamic Bank is one of the few UAE banks that continue to report strong profits despite the squeeze on…