In this article we focus in the importance and relevance of discount rates in the IFRS 16 calculation.

It is certainly an arduous exercise and shocking to ascertain the overall impact of coronavirus on the life of the individuals

Dubai International Financial Centre (DIFC) is a leading international financial centre, seamlessly bridging regional markets with the global economy.

In the UAE, it is legally permissible for banks to close a customer's account if multiple checks are returned due to insufficient funds.

Promissory notes are an important part of financing transactions in the Kingdom of Saudi Arabia as it is a relatively simple, easy to understand...

The Central Bank Regulation No. 29/2011 On Bank Loans & Other Services Provided to Individual Customers regulates the relationship between banks (conventional and Islamic)...

Employers in the U.A.E. can now opt into a new system allowing them to fund individual future end-of-service benefits by contributing monthly to an employee's defined contribution account.

The banking sector in Oman is favorable, and there has been a significant economic growth in the regulations in the Sultanate.

Nexdigm partnered with an IT platform provider as an implementation partner to provide portfolio reporting and data management services to Ultra-High Net Worth family offices.

In order perform as a trader of commodities in the UAE the company needs to carry out the necessary procedures to obtain a membership from the Dubai Gold and Commodities Exchange.

The Central Bank of the UAE (CBUAE) has successfully launched the Project mBridge Minimum Viable Product platform for early adopters.

Liability had been determined in August 2014, with the defendants being held jointly liable for regulatory breaches and breaches of duty (currently under appeal).

The UAE has a comprehensive legal framework governing labour relations and financial crimes. Employers in the UAE have clear guidelines for terminating workers without notice...

Falling behind on mortgage, loan, or credit card payments can have serious repercussions such as penalty charges, damage to one's credit score, and even loss of property

In June 2019, the Government of Dubai ordered the Emirate's courts to suspend claims against Meydan City Corporation, a government owned developer, as well as its subsidiaries and affiliates (collectively "Meydan"), pending...

Dubai has moved decisively to position itself as the region's home for AI and frontier technology.

TMT and Fintech partner, Nadim Bardawil, recently spoke to Arabian Business regarding the DIFC's new Digital Assets Law, which came into effect on March 8, and defines the legal characteristics...

The Dubai Financial Services Authority (the DFSA) recently announced some notable amendments to its Crypto Token regime. These changes arise from the proposals in Consultation Paper 153...

The Dubai Financial Services Authority ("DFSA") announced today amendments to its Crypto Token framework, signalling a significant step forward in promoting innovation within the fintech sector.

Our expert fintech lawyers & market players will dive into the real and practical topics in various fintech categories in the region with focus on the Kingdom of Saudi Arabia (KSA) & the United Arab Emirates (UAE).