GCC businesses need to get ready for VAT: Deloitte
With the implementation of Value Added Tax throughout the GCC starting January 1, 2018, it is time for the companies…
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Bonus for 15 years: Qatar's QIB unveils new salary transfer campaign
Qatar Islamic Bank, Qatar’s leading Islamic Bank, yesterday announced the launch of a new salary transfer promotional campaign “Bonus For…
Sultan Al Mansouri, the UAE Minister of Economy, and his views on VAT, infrastructure spending and the investment law
The growth outlook for the UAE economy remains positive, thanks mainly to its all-encompassing economic diversification policy and national sustainability…
VAT to generate Dh20 billion in second year for UAE, Minister of Economy says
The UAE, which plans to introduce value added tax next year alongside the other five GCC countries, could generate up…
Exclusive: Oman in talks with Gulf states to obtain multi-billion dollar deposit – sources
Oman is negotiating with wealthy Gulf Arab states to secure a multi-billion dollar deposit in its central bank that would…
Islamic Banking: Challenge To Maintain Leading Growth In A Competitive Market
Islamic banking continues to broaden its reach and is able to compete effectively with conventional banks, supported by an increasing…
Mubadala said to plan up to $15bn SoftBank fund spend
Abu Dhabi’s Mubadala Development Co is considering committing $10bn to $15bn to partner with SoftBank Group Corp and Saudi Arabia’s…
Can GCC banks survive without fintech?
The bear oil market has placed significant pressure on the Gulf Cooperation Council that in turn, triggered economic diversification away…
DFSA’s Framework Receives Regulatory Equivalency to European Union Regime
The Dubai Financial Services Authority (DFSA) has announced that its regulatory framework for central counterparties (CCPs) has been classified as…
Northern Trust Expands EMEA Transition Management Team
Highlighting its commitment to its transition management business, Northern Trust (NTRS) has hired Craig Blackbourn as head of transition management…
Jersey Finance advances Middle Eastern presence with Business Development Director appointment
Jersey Finance has appointed Cormac Sheedy as a Business Development Director for the Gulf Cooperation Council (GCC) States, based in…
The Growth Of Green Finance
Simply speaking, green finance refers to the use of financial products and services, such as loans, insurance, stocks, private equity…