Saudi Arabia allocates independent budget to free zones authority
Saudi Arabia has allocated an independent annual budget to the Economic Cities and Zones Authority (ECZA), to transform the Kingdom…
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Dubai regulator unveils sustainable finance task force in DIFC
The Dubai Financial Services Authority (DFSA) has launched a task force on sustainable finance (TFSF) in the Dubai International Financial…
Corporate segment to drive Saudi Alinma Bank's financing growth
The corporate segment will continue to drive financing growth at Saudi Islamic lender, Alinma Bank, said the Riyadh-based Aljazira Capital…
Saudi Arabia prepares to offer its first green bond
The Saudi government and the kingdom’s sovereign wealth fund are preparing to launch green bonds in the coming months, according…
Turkey faces threat of inflation, currency crisis
Turkey’s Central Bank meeting on Thursday was held amid heated debates about the high interest rates and the continued depreciation…
Taiwan's taxation pact with Saudi Arabia takes effect
An agreement with Saudi Arabia to avoid double taxation and prevent tax evasion officially went into effect on Nov. 1,…
DFSA launches task force on sustainable finance in DIFC
The Dubai Financial Services Authority has launched the Task Force on Sustainable Finance (TFSF) in the Dubai International Financial Centre…
UAE Labour Law revamp will help businesses in talent war
A new governing employment law set in the UAE will help businesses operating in the Emirates to attract and retain…
SABB launches first Shariah-compliant Payables Finance Solution in Saudi Arabia
The Saudi British Bank (SABB), an affiliate of UK-listed HSBC Group, has launched a Shariah-compliant supply chain finance product to…
Most Saudi consumers are open to switching banks, says BCG
More than half of consumers in Saudi Arabia are open to switching to another bank, according to a new study…
Diana Skrzypkowska joins Deloitte Consulting in Abu Dhabi
After more than seven years with Accenture, Diana Skrzypkowska has joined Deloitte in Abu Dhabi. Breaking the news on…
Sovereign fund focus on regional deals boosts Middle East's alternative asset investments
Private investors and sovereign wealth funds (SWFs) in the Middle East are increasingly shifting their attention to domestic and regional…