Qatar regulatory changes present risks and opportunities for CFOs, says ICAEW
Recent legal changes in Qatar must be understood by chief financial officers and finance professionals if businesses are going to…
Regulation, Risk & Compliance
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UAE signs agreement on exchange of information for tax purposes with Norway
HE Obaid Humaid Al Tayer, Minister of State for Financial Affairs headed the UAE delegation visiting the Scandinavian countries (Norway,…
Bahrain mulls bonus clamp for corporate heads
Bonuses paid to corporate board heads and members of state-owned companies in Bahrain are to be regulated, a report said.…
BNP Paribas ‘wet ink’ slip-up leads to US$650m suit
BNP Paribas SA is being sued by the trustee of a US$650 million Islamic finance transaction who said the deal…
Kazakh President Ousts Central Bank Head After Tenge Tumble
Kazakhstan’s President Nursultan Nazarbayev replaced central bank governor Kairat Kelimbetov after he devalued the currency twice in his two-year tenure.…
SWIFT announces two senior executive appointments for the Middle East, Turkey and Africa Region
SWIFT, the financial messaging provider for more than 10,800 banks, securities institutions and corporate customers in 200 countries and territories,…
Egypt's Banque Misr to complete $250 mln 3-yr loan in Dec -chairman
Banque Misr expects to complete procedures next month to obtain a $250 million loan of three years duration, using it…
Gulf’s sovereign wealth funds provide the cushion
Evidence shows that the sovereign wealth funds at the disposal of the Gulf states remain as solid as ever. …
National Bank of Abu Dhabi to Buy $900 Million RBS Indian Loans
National Bank of Abu Dhabi PJSC, the United Arab Emirates’ largest bank, signed an agreement with Royal Bank of Scotland…
ADIB profits from increase in customer numbers
Abu Dhabi Islamic Bank, the biggest Sharia-compliant lender in the emirate, yesterday reported a 5.5 per cent rise in third-quarter…
GIB continues to expand its international network
Gulf International Bank today announced that, in line with its strategy to be a pan-GCC universal bank, it will be…
GGC financial committee to meet in Doha
The Gulf Cooperation Council (GCC) finance ministries’ undersecretaries will hold their 47th meeting on November 1 in Doha, Qatar. The…