UK accused of ‘watering down’ rules to accommodate Saudi
The UK’s Financial Conduct Authority has come under fire over its alleged “watering down” of rules to allow Saudi Arabia’s…
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Qatar poised to invest $19B in Turkey next year
Having already invested around $18 billion in Turkey, Qatar is poised to add another $19 billion to that total next…
Sovereign wealth fund chiefs to gather in Riyadh
Some of the biggest names in global fund management will descend on Riyadh next week to attend a keenly anticipated…
Nezha Hayat Appointed Regional VP of International Organization of Securities Commissions
Nezha Hayat, head of the Moroccan Capital Market Authority, has just been elected vice-president of the Regional Committee for Africa…
Revamped Islamic Economy strategy 2017-2021 on the cards
The Dubai Islamic Economy Development Centre is looking at implementing a refreshed Islamic Economy Strategy for 2017-2021 that will help…
MEASA region will be the next frontier of growth in financial services
The Middle East, Africa, and South Asia region will be the next big growth area for the financial services industry,…
ENBD honoured at BAI Global Innovation Awards
Emirates NBD, a leading bank in the region, has been declared the Most Innovative Financial Services Organization of the Year…
Will income tax be enforced in UAE? And what will you do if it is?
The UAE has always celebrated its free income tax system. It’s what has drawn thousands of people to work in…
SIB’s nine-month net profit up 7.2% to Dh335.8m
Sharjah Islamic Bank reported a net profit of Dh360 million for the first nine months of 2017, up 7.2 per…
Barclays gives back with the launch of “Payroll Giving” initiative
In support of the UAE’s Year of Giving, Barclays has partnered with Al Jalila Foundation, UNICEF and SOS Children’s Villages…
Israel tightens up residency rules with 7 conditions
The Israeli Tax Authority has set out seven conditions for a recent immigrant to be regarded as an Israeli resident…
World Finance announces winners of 2017 GCC Investment and Development Awards
In every country, the financial sector plays a central role in setting the pace of economic development. Nowhere is…