UAE

Middle East | 3 Jan 13

Expatriates who bounce cheques in the United Arab Emirates will still risk criminal charges, the Government has said, clarifying a matter that had been unclear in recent days, in the wake of conflicting media reports.

Middle East | 1 Jan 13

The United Arab Emirates Central Bank plans to limit the size of residential real estate mortgages that expatriates living in the UAE may take out to 50% of the value of the property, according to Gulf media reports, which cite anonymous banking and real estate industry sources.

Middle East | 21 Nov 12

Coutts & Co, the London-based private bank and wealth manager, has opened an office in the Dubai International Financial Centre today, 13 years after it first entered the UAE market in Dubai.

Middle East | 11 Oct 12

The Emirates Securities & Commodities Authority (SCA) recently issued new mutual fund regulations, which came into effect on 26 August 2012.

Tax & Regulation | 18 Sep 12

International accountancy firm Ernst & Young has been fined by the Dubai Financial Services Authority, while it is also facing action from the Securities and Futures Commission of Hong Kong.