Anti-Corruption & Bribery Comparative Guide
1 Legal and enforcement framework 1.1 Which legislative and regulatory provisions govern anti-corruption in your jurisdiction, from a regulatory…
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Damac's 9-month revenue at Dh2.8 billion
Damac Properties on Wednesday reported a net profit of Dh133 million on a total revenue of Dh 2.8 billion, with…
DFSA issues Consultation Paper for SME listings
The Dubai Financial Services Authority has issued a consultation paper that outlines the DFSA’s proposals for a regulatory regime that…
Legal view on UAE commission cap
Every piece of legislation can be rather detailed and sometimes it takes someone in the legal profession to breakdown the…
Arab Monetary Fund and bank for international settlements organize the third working party meeting on monetary policy in the Arab region
The Arab Monetary Fund and the Bank for International Settlements organize the Third Working Party Meeting on Monetary Policy in…
Egypt starts marketing triple-tranche dollar bonds
Egypt started marketing a triple-tranche issuance of U.S. dollar denominated bonds on Wednesday, a document from one of the banks…
United Arab Bank Chooses Finastra to Power Digital Transformation
Finastra announced, during Finastra Universe Dubai, that it has signed a transformative deal with United Arab Bank. The bank…
DFSA extends MoU with Chinese regulatory body CBIRC
The Dubai Financial Services Authority has signed an extension to their Memorandum of Understanding (MoU) with the China Banking and…
GFH reports 21% drop in Q3 net profit as impairment charges climb
GFH Financial Group, a Bahrain-based investment bank, reported a 21 per cent drop in its third-quarter net income as funding…
Beit Al Khair Society spends AED 53 million on ‘Aman Programme’
The Bait Al Khair Society donated AED 53.3 million to the "Aman Programme" from the start of the year to…
Breakthrough seen in ending Gulf spat with Qatar
Signs are growing of a breakthrough in resolving a two-year row involving Qatar and a Saudi-led bloc, Kuwaiti newspaper Al…
HSBC, Emirates NBD cut jobs in UAE as banks look to reduce costs – sources
HSBC Holdings has laid off about 40 bankers in the United Arab Emirates and Emirates NBD is cutting around 100…