UAE acts for transparency in tax, financial reporting
What do new annual compliance requirements for entities carrying out 'relevant activities' mean for firms? The UAE Cabinet recently…
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FIs need to embrace FinTech as an exciting opportunity: Al-Bahar
Shaikha Al-Bahar, Deputy Group Chief Executive Officer, National Bank of Kuwait said that financial technology is now a cornerstone of…
Turkey Fires Central Bank Governor
Turkey has sacked the governor of its central bank and replaced him with his deputy, a presidential decree published in…
Kuwaiti banks forecast for 9.6 percent profit jump
Profits of ten listed banks in Kuwait are forecast for a 9.6 percent boost from January to June 2019, from…
China & Gulf expansion to boost Trade Bank of Iraq's revenues: chairman
State-owned Trade Bank of Iraq (TBI) is expanding into China and the Gulf, seeking to lift its revenues from retail…
Mideast ESG data important to int’l investors
CLIMATE change has begun to affect business, with extreme weather conditions threatening company assets and supply chains.0 As the…
Princess Haya Bint al-Hussein: The Dubai royal 'hiding in London'
Princess Haya Bint al-Hussein, a wife of the ruler of Dubai, Sheikh Mohammed Al Maktoum, has left her husband -…
Qatar financial regulator fines and bans directors of Guardian Wealth
The Qatar Financial Centre (Regulatory Authority has decided to issue a public censure against Mr Vincent Jones, the Chairman and…
Egypt's Current Account Deficit Widens to $7.6 Bln in First Nine Months of FY 18-19
Egypt’s current account deficit widened to $7.6 billion in the first nine months of the 2018/19 fiscal year from $5.47…
Softbank plans to invest $2-4 b more in India in 2 years
SoftBank Vision Fund will invest $2-4 billion in India over the next two years as it looks to bet on…
UAE’s Etihad Rail to seek $2bn for network expansion
Etihad Rail, the developer and operator of the United Arab Emirates’ (UAE’s) national rail network, is expected to approach banks…
UAE sees steady increase in mortgage transactions
There has been a steady increase in mortgage transactions across the UAE, in line with the current market trend which…