Long-term lower revenues to strain GCC spending: IMF
GCC economic fundamentals are forecast to strengthen in 2021 on the back of a buoyancy in oil prices, but in…
Uncategorized
47651 articles found
UAE trust law creates ‘hugely important tool’ for wealth sector
The UAE Ministry of Finance said that its trusts law will help increase the “competitiveness” and “attractiveness” of the country’s…
Central Bank's total assets up 6.6 percent to AED470.5 bn in December
The total assets of the Central Bank of the United Arab Emirates grew 6.6 percent to AED470.5 bn by the…
Exchange house in UAE fined Dhs504,000 by Central Bank
The Central Bank of the UAE (CBUAE) said on Wednesday that it had fined an exchange house operating in the…
UAE's Oman Insurance records its best net income in 5 years, at Dh196.5m
One of the UAE’s biggest names in its industry, Oman Insurance Co. improved on its net income, totaling Dh196.5 million…
New Developments – Foreign Direct Investment In The UAE
In the latest issue of The Mena Business Law Review Partner Lara Barbary and Senior Associate Robert Mitchley write about…
Qatar: Tax authorities clarify transfer pricing reporting requirements
On 2 February 2021, Qatar’s General Tax Authority (GTA) held a webinar to provide additional clarification regarding the transfer pricing…
Experts stress need for data privacy
Experts in the fields of big data and technology exchanged views on the need to develop an international regulatory and…
Kuwait pension fund posts record asset gain but braces for volatility
Kuwait’s Public Institution for Social Security had its best performance ever in the first nine months of the fiscal year…
Tikehau Capital appoints Senior Advisor
Alternative asset management group Tikehau Capital has appointed Hassan Karimi as Senior Advisor in the Middle East Region. Based…
Saudi Arabia, Oman most exposed to diminishing fiscal uplift from SWF buffers
The impact of the coronavirus pandemic on oil demand and prices has increased gross funding requirements for sovereigns across the…
MENA states keen to invest in smart cities, social infra under BRI
Social infrastructure, logistics, as well as smart city projects are the top three most cited sectors where businesses in the…