DFSA Action Concerning Chairman and SEO Referred to Financial Markets Tribunal
Dr Mubashir Sheikh, the former Chairman and Senior Executive Officer of MAS ClearSight Ltd (In Liquidation) (MAS), has referred a…
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UAE Economic Substance Regulations: Five Things You Need To Know
Entities carrying on “Relevant Activities,” including banking, insurance, and investment fund management, among others, in the United Arab Emirates will…
StanChart's axes more than 100 jobs in UAE
Standard Chartered Bank's UAE unit has slashed more than 100 jobs in its retail business as the lender increasingly digitises…
Accenture’s Future Systems Research Reveals Companies that Excel at Scaling Technology Innovation Generate Double the Revenue Growth
A vast new research survey on Future Systems from Accenture sheds important light on the enormous impact that technology investment…
Egypt plans to double average debt maturity this year
Egypt’s finance ministry said that the government plans to raise its share of longer-dated debt to 40 per cent of…
Saudi Aramco approaches Asian state oil producers ahead of IPO
Saudi Aramco has approached Asian state oil producers such as Malaysia’s Petroliam Nasional (Petronas) and China’s Sinopec Group about potential…
Turkey’s wealth fund borrows to rescue companies
Turkey’s sovereign wealth fund has remained largely inactive in the three years since its creation, though it was launched with…
Why the Chinese are flocking to Dubai to buy houses
Attractive payment plans, along with high returns despite falling housing rents, have led to a tremendous surge in Chinese demand…
Dubai rolls out virtual business licences for global investors
Dubai rolled out on Monday virtual commercial licences that allow investors from across the globe to establish commercial operations without…
Backbase opens office in Dubai
Amsterdam-based software provider, Backbase has increased its global presence by opening an office in Dubai, which will be run by…
New General Manager Fairmont Ajman
Fairmont Ajman has announced the appointment of Kosta Kourotsidis, General Manager for the 252-key luxury beachfront resort. Prior to…
Save for A brighter future with Al Salam Bank-Bahrain's new Wakala Jawhar savings scheme
Al Salam Bank-Bahrain announced the launch of its new Wakala Jawhar savings scheme, an innovative savings solution dedicated to children’s…