Wealth planning in the UAE: trust or foundation?
Foundations are established in the UAE to provide families with a local solution to managing their wealth, protecting their assets…
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Maktoum bin Mohammed issues Decision appointing DFSA Board
Saeb Eigner reappointed as Chairman of Board; Fadel Al Ali appointed as Deputy Chairman His Highness Sheikh Maktoum bin…
QIB launches new mobile app for its corporate customers
Qatar Islamic Bank has launched a new mobile application, the QIB Corporate App, which is specifically designed to address the…
Banks in Egypt hedge against COVID-19 despite Q1 profit decline
Banks operating in Egypt are hedging against the expected repercussions of the novel coronavirus (COVID-19), by making provisions and increasing…
Dubai announces new economic stimulus package worth Dhs1.5 billion
Under the directives of Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed…
1MBD scandal: Kuwait royal family member arrested for money laundering
Sheikh Sabah Jaber Al Mubarak Al Sabah, son of the former prime minister, and his business partner Hamad Al Wazzan,…
Egypt- Banque du Caire, Nile Pioneers cooperate to support SME exports
The Nile Pioneers Initiative has launched a programme, in cooperation with Banque du Caire, encouraging small- and medium-sized enterprises to…
Skycap's flagship program of US$150 M global FinTech investment on the roadmap
SKYCAP is all set to launch a unique investment platform for clients who want to capitalise on the considerable opportunities…
Mohammed bin Talal Al-Nahhas, governor of the Saudi Public Pension Agency
Mohammed bin Talal Al-Nahhas has been the governor of the Saudi Public Pension Agency since Aug. 2016. He played…
Turkey Revokes Experience Requirement for Central Bank Deputy Governor
Turkey has revoked a requirement that central bank deputy governors have 10 years prior experience and dropped a rule that…
Jordan presses sweeping tax evasion crackdown to aid ailing economy
Jordan’s Prime Minister Omar al-Razzaz promised on Sunday to deepen a crackdown on tax evasion that officials say has deprived…
Kuwait Finance House KSC : KFH “Top Primary Dealer” for IILM Sukuk Program in 2019
The International Islamic Liquidity Management Corporation (IILM) has ranked Kuwait Finance House (KFH) as a 'Top Primary Dealer' for the…