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 federal degree number 14 of 2020 has amended and added new articles to the UAE commercial transaction law no. 18 of 1993. The recent changes will be in force from January 2022 onwards.

Debt recovery has been a common phenomenon in the everyday business life. In case a debt is constructed through a fixed amount or by any type of identifiable moveable asset, in such event...

As we mark 20 years in Dubai, we're reflecting on the city's transformation into a global financial centre – and our journey as the first international...

The Central Bank of the UAE (CBUAE) has launched a AED100 billion ($27.2 billion) stimulus scheme to contain the economic repercussions of the coronavirus outbreak and a subsequent drop in economic activity in the UAE.

Over the last 20 years the GCC, particularly UAE and Saudi Arabia, has seen some dramatic developments which has led to the increased attraction of funds into and out of the region...

A developing trend in the Middle East is the use of offshore centres for the structuring of master Islamic investment platforms. Such platforms are being established by Shariah compliant financial institutions...

The influx of regulatory initiatives in the UAE is having the dual effect of bringing the jurisdiction into alignment with international regulatory standards

IFRS 16 requires lessees and lessors to provide information about leasing activities within their financial statements.

The Reserve Bank of India has come up with a regulation governing all types of lending and borrowing transactions between a resident in India and a non-resident Indian (NRI).

An acronym for "special purpose acquisition company", SPACs seem to be the new investment craze among music artists and sports figures.

Despite a slight fall from their 2019 high of 11th position, the United Arab Emirates (UAE) still scores highest in the region in the latest Ease of Doing Business ranking, at 16th.

Recent communications from the UAE movable collateral registry system have reminded users of a mandatory obligation to review and update all "Prior Notices" registered in 2018 that have not been amended to date.