UAE sign agreement to avoid double taxation
Finance Minister Omar Malhas and his Emirati counterpart Obaid Humaid Al Tayer, Wednesday, signed an agreement to avoid double taxation.…
Regulation, Risk & Compliance
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Official institutions to boost diversification; Asia likely to benefit — survey
Concerns about rising interest rates and a global equity market correction will drive official institutions around the globe to further…
Dentons shortlisted for six awards in the Corporate Counsel Middle East Awards 2016
Dentons has been shortlisted for six separate awards in Legal Week's Corporate Counsel Middle East Awards 2016, including International Law…
UAE freezes assets of two former Ipic group officials -sources
The UAE Central Bank has told banks to freeze the assets of two former senior officials in Abu Dhabi’s state-owned…
Interview-Dubai's National Bonds eyes expansion in Saudi Arabia
CEO Mohammed Qasim Al Ali told Zawya that 60 percent of National Bonds ' allocations are in Saudi Arabia, which…
Japan enters Shariah-compliant corporate financing in Mideast
Bank of Tokyo-Mitsubishi UFJ, through its newly established Dubai branch, has become the first Japanese lender to provide Shariah-compliant corporate…
Central Bank of Bahrain is urged to proceed with technology project
Adel Al A’ali, board member and head of the insurance and banks sector committee of the Bahrain Chamber of Commerce…
Oman raises limit for banks’ government bond holdings: Sources
Oman’s central bank has increased the maximum amount of government securities which banks can hold to 45 percent of their…
Qatar central bank invites bids for 1.5 bln riyal T-bills
"The auction is for 1.5 billion but it depends on liquidity in the market. If there is a demand for…
Secret dealings of Middle East leaders exposed by Panama Papers leak
The secret offshore dealings of leaders of Saudi Arabia, Qatar, United Arab Emirates and Iraq have been exposed in huge…
Central Bank arranges to borrow KD 2 billion from local banks
The general debt managing committee formed by the finance ministry gave the Central Bank the green light to arrange for…
Lack of proper planning can derail IFRS implementation in KSA – Deloitte
The Kingdom of Saudi Arabia is soon set to join 130+ countries across the globe in the application of International…