GCC states can create 600,000 tech jobs, add $255bln to GDP by 2030
GCC countries have the potential to add $255 billion to the regional gross domestic product (GDP) and create 600,000 technology…
Regulation, Risk & Compliance
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Sheikh Mohammed issues law to establish Dubai Media Council
Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai has issued…
Dubai Financial Services Authority Enacts New Regime for Credit Funds
The Dubai Financial Services Authority has implemented a new regime for credit funds, which comes into force on June 1,…
​Egypt is a key strategic partner of South Korea: Ambassador Hong Jin Wook
Ambassador of the Republic of Korea to Egypt Hong Jin Wook said that Egypt is a key strategic partner of…
Israel signs major trade deal with UAE
Israel signed a free trade agreement with the United Arab Emirates on Tuesday, its first big trade accord with an…
Kuwait Insurance Executive Regulations to come into force June 2022
Kuwait has continued the overhaul of its insurance regulatory regime by enacting detailed regulations effective June 2022, to supplement the…
Qatar Central Bank to launch new fintech strategy in Q4
The Qatar Central Bank will launch a new fintech strategy during the fourth quarter (Q4) of the year, as part…
Turkey’s central bank holds its policy rate at 14% despite soaring inflation
Turkey’s central bank kept its policy rate at 14% for a fifth straight month on Thursday as expected, even with…
Turkey’s central bank holds its policy rate at 14% despite soaring inflation
Turkey’s central bank kept its policy rate at 14% for a fifth straight month on Thursday as expected, even with…
UAE Government signs sustainable global strategic partnership agreement with WEF
Davos: The UAE government and the World Economic Forum (Davos 2022) have announced the signing of a sustainable global strategic…
The CBB grants a Funds Administration Licence to Crestbridge Funds Services W.L.L.
Crestbridge is celebrating 17 years in Bahrain. To accommodate its future growth plans, Crestbridge has restructured its Bahrain business, separating…
Winding up a company invested and managed in the Middle East – Al Najah Education Limited – [FSD 119 OF 2021(RPJ)]
We have recently experienced an increase in mandates concerning disputes between shareholders and the Board of a Cayman company, which…