UAE regulator tells banks to seek approval before disclosing dividends
Banks in the United Arab Emirates have been told to get dividends approved by the central bank before announcing the…
Regulation, Risk & Compliance
8959 articles found
Deloitte: Tax reform in the GCC approaching
Tax reform in the Gulf Cooperation Council region is a matter of when, not if, and Saudi Arabia is not…
Bahrain bans credit card surcharges
Bahrain News Agency reports that the meeting focussed on the practice of companies and establishments that deduct extra amounts from…
Al Baraka Bank Egypt employs SAS FATCA solution
Al Baraka Bank Egypt, a subsidiary banking unit of Al Baraka Banking Group B.S.C. (ABG), partnered with SAS and Data…
DED to permit 37 more types of business activities in Dubai
The Department of Economic Development has announced the addition of 37 new activities to the list of permitted businesses in…
Ministry of Finance signs MoU with Mohammad Bin Rashid Al Maktoum Foundation
The Ministry of Finance has signed a memorandum of understanding with Mohammad Bin Rashid Al Maktoum Foundation. MBRF is responsible…
CMA: The Capital Market Law Prohibits Violating Acts in the Stock Exchange, Refers Violators to Bureau of Investigation and Public Prosecution
The Capital Market Authority confirms its commitment to ensure fairness in securities transactions and limit cases of fraud, deceit, cheating,…
Brief overview of the changing landscape of the financial market in Israel
It is my pleasure to be here at the annual conference of the largest institutional investors in Israel. Today I'd…
Turkey’s banking watchdog vows to help Turkish companies with ties to Russia
The head of Turkey’s Banking Regulation and Supervision Agency, Mehmet Ali Akben, has said Turkish companies with business ties to…
Turkey banks face profit pressure in 2016, head of top lender Isbank says
Volatility in markets and stricter regulations are likely to put pressure on profits and capital adequacy ratios across Turkey’s banking…
UAE banks plan to launch mobile wallet in 2016
The UAE Banks Federation (UBF) will finalise the Mobile Wallet project and work on reducing the impact of the “de-risking”…
Dubai gold retailer speaks out over fraud investigation
A Dubai-based gold company has issued a statement to investors attempting to offer clarity over an alleged fraud thought to…