Saudi Arabia campaign uncovers 770 VAT violations
Saudi authorities have recorded 770 VAT violations during a large-scale campaign on retail stores across the Kingdom, local media reported.…
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Saudi Arabia's construction sector is powering Vision 2030
The infrastructure and construction industry is a crucial pillar of the government’s plan to overhaul the Saudi Arbia economy. Anwar…
QFC Regulatory Authority prohibits IFSQ from conducting business
The Qatar Financial Centre Regulatory Authority yesterday announced that it has issued the International Financial Services (Qatar) LLC (QFC No.…
QIB recognised ‘Islamic Bank of The Year’ at The Asset Triple A Islamic Finance Awards
Qatar Islamic Bank has announced the recognition of its GCEO, Bassel Gamal, as ‘Middle East’s Islamic Banker of The Year’,…
‘SMEs’ commitment to the climate initiative enhances their competitiveness’, says Sheikh Khalifa
A coalition of major organisations has announced the launch of a groundbreaking one-stop-shop climate action platform for small and medium-sized…
Finastra helps redefine the future of finance to improve millions of lives globally
UK-based fintech Finastra, has announced plans to deliver a range of initiatives which enable its customers to accelerate through change,…
Sukuk market to lag 2019 performance on lower corporate issuance
The Islamic bond market has seen some improvement in recent months but its overall performance in 2020 will remain weaker…
Saudi-based Islamic investment firm acquires West Michigan properties in joint venture
The owner of two industrial properties in West Michigan has launched a new joint venture with a boutique Saudi investment…
Singapore among countries likely to recover first; global economic recovery slated to stretch to 2023 and beyond: S&P Global Ratings
Singapore, along with China, Canada, Hong Kong, South Korea, and Saudi Arabia are among the banking systems that are likely…
Are green bonds the future for the Gulf or just a gimmick?
Analysts ponder the rise of green bonds in a region known for oil wells, tankers and sprawling natural-gas plants …
Turkey's Akbank selects Featurespace for fraud prevention
Featurespace™, the leading provider of Enterprise Financial Crime prevention software announced that Istanbul-based Akbank has selected the ARIC™ Risk Hub…
Mubadala and Sberbank Sign Strategic Agreement To Explore Opportunities
Mubadala Investment Company and Sberbank has signed a strategic agreement to explore opportunities of mutual benefits. The agreement covers…