Regulation, Risk & Compliance Archives - Page 71 of 747

United Arab Emirates: The Dubai Financial Services Authority introduces a regulatory framework for recognized crypto tokens

November 14, 2022

Over the last few years, the UAE has taken steps to regulate the volatile crypto industry, as seen in the…

Saudi Kayan signs murabaha facility worth $800mln

November 9, 2022

Saudi Kayan Petrochemical Co. has signed murabaha revolving credit facility agreement for 3 billion riyals ($800 million) with Saudi National…

Regulation, Risk & Compliance

New UAE visa rules: Validity decreased for visas issued in free zones

November 9, 2022

The validity of freezone visas issued in the UAE has been reduced from three years to two, Khaleej Times can…

Mergers & Acquisitions

NCP signs a cooperation agreement with Riyad Bank

November 7, 2022

The National Center for Privatization & PPP signed a cooperation agreement with Riyad Bank to establish a cooperation framework between…

Regulation, Risk & Compliance

CBB receives renewed ISO certification for Information Security

November 7, 2022

The Central Bank of Bahrain announced that it has obtained the “ISO 27001/2013” certification for Information Security Management issued by…

Regulation, Risk & Compliance

DIFC regulator DFSA's penalties of Dh5.5m on KPMG and Dh1.83m an ex-auditor to stay on their Abraaj work

November 4, 2022

The DIFC regulator Dubai Financial Services Authority has imposed a fine of Dh5.50 million ($1.5 million) on the audit firm…

Regulation, Risk & Compliance

For expats, Sharjah's property ownership decree clears path on inheritance, transfer of rights – will an offplan boom follow?

November 4, 2022

Sharjah’s updated real estate laws provide a clear pathway on inheritance rights related to freehold property – and which will…

Regulation, Risk & Compliance

Central banks are stocking up on gold as demand reaches pre-pandemic levels

November 2, 2022

Global demand for gold has returned to pre-pandemic levels, driven by stronger central bank buying and demand from consumers, and…

Executive Moves

UAE's central bank pilots cbank digital currencies transactions

October 28, 2022

The Central Bank of the United Arab Emirate said on Wednesday it has completed the world's largest pilot of central…

Regulation, Risk & Compliance

IMF confirms $3bn loan for Egypt, welcomes exchange rate flexibility

October 28, 2022

The International Monetary Fund said on Thursday it had agreed a 46-month, $3 billion Extended Fund Facility with Egypt, welcoming…

Regulation, Risk & Compliance

Saudi Arabia signs six MoUs on opening day of 6th Future Investment Initiative

October 26, 2022

Saudi Arabia signed six memoranda of understanding in energy, quality of life, defence industries, transportation biotechnology, and finance, according to…

Hedge Funds & Alternative Investments

Insurance company Volante Global uses Lloyds’s Syndicate at DIFC for Middle East and Republic of Türkiye growth

October 21, 2022

Volante Global and Lloyd’s Syndicate, has announced the launch of Volante (DIFC) Ltd at Dubai International Financial Centre, the leading…

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