Saudization of key health sectors begins
Saudi Arabia’s Ministry of Human Resources and Social Development announced on Monday the start of implementation of Saudization in some…
Regulation, Risk & Compliance
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Dubai Ruler issues decree to subject public-interest entities to financial regulatory oversight
In his capacity as the Ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum, the Vice President and Prime Minister of…
Banks close “unused” bank accounts for 6 months
Banks operating in the state, after much controversy over “forgotten” accounts, have begun to close accounts that their owners have…
Severe shortage of workers; 7,000 over 60s expat ‘craftsmen’ leave for good
The recent government decisions regarding a complete return to the manifestations of normal life to what it was before the…
UAE’s Emirates ID replaces visa sticker in passport as proof of residency from today
As the UAE’s residency visa stickers in passports are replaced with Emirates ID as of today, April 11, the previous…
Binance earns in-principal approval from ADGM
Binance, the world’s leading blockchain and cryptocurrency infrastructure provider, has received its In-Principle Approval (IPA) for a Financial Services Permission…
UAE’s DFSA introduces ‘whistleblowing’ regulatory regime
The Dubai Financial Services Authority has launched its regulatory regime for Whistleblowing. The regime is the first of its kind…
QNB, QDB sign partnership agreement on 'Al-Dhameen' updated programme
QNB has signed an agreement for ‘Al-Dhameen’ updated programme in partnership with Qatar Development Bank. Al-Dhameen is one of…
Egypt, World Bank hold talks over COP27
Egypt has hosted representatives of the World Bank to discuss the upcoming COP27 forum, which will begin in Sharm El-Sheikh…
UAE’s economic growth on track for 4.2% GDP growth despite inflation rise: Central Bank
The UAE is on track to achieve the 4.2 per cent growth forecast for 2022 while inflationary pressures are rising,…
Kamco Invest shareholders approve distribution of 10 fils cash dividend
Kamco Invest, a regional non-banking financial powerhouse with one of the largest AUMs in the region, held its eAGM for…
PwC Middle East details six steps to develop sustainable Real Estate Markets in the region in a new report
Governments in the Middle East have implemented wide-ranging economic measures and incentive packages for their respective Real Estate markets in…