UAE, Saudi Arabia set to spur IPO boom

Provided by Khaleej Times UAE, Saudi Arabia set to spur IPO boom The initial public offering (IPO) activity in the Middle East is poised to pick up in the second half of 2018 after a slow start in the first half as the result of a privatisation drive ... ( read original story ...)

DFSA signs MoU with Astana Financial Services Authority

Dubai: The Dubai Financial Services Authority, DFSA, has entered into a Memorandum of Understanding with the Astana Financial Services Authority, AFSA. The MoU was signed in the Dubai International Financial Centre, DIFC, by Bryan Stirewalt, Managing ... ( read original story ...)

Investcorp’s Undisclosed Payments Didn’t Breach Deal: Court

Law360, London (June 22, 2018, 9:15 PM BST) -- The top appeals court for U.K. overseas territories has dismissed claims that Investcorp Bank BSC breached an agreement with a Dubai-based businessman who lost out when a series of leveraged hedge fund ... ( read original story ...)

Revealed: what the new UAE bank fee changes actually are

While credit card and home loan customers will benefit from the bank fees overhaul by the UAE's Central Bank, some borrowers will lose out, according to analysts who have seen the Amendment circular detailing the changes. Of the 43 capped fees on retail ... ( read original story ...)

Has your UAE bank added the new fee cap to its website?

The Central Bank of the UAE (CBUAE) has made a significant move to eradicate injustice by setting a maximum limit on fees and commissions charged by the banks. Brought into effect on Tuesday, June 19, expatriates and entrepreneurs living and working in the ... ( read original story ...)

UAE cbank sets new caps on banking fees

The UAE Central Bank (CBUAE) has announced new maximum limits or ‘caps’ for fees or commissions charged on retail customer service in a move to protect consumers against arbitrary levying for various services, a media report said. The fee caps apply to ... ( read original story ...)