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KSA starts imposing fines on firms not submitting financial statementsSaudi Arabia’s Ministry of Commerce has started implementing a ministerial decision to impose fines on anyone who fails to submit financial statements in accordance with the provisions of the Companies Law and its regulations. More… |
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KSA starts imposing fines on firms not submitting financial statementsSaudi Arabia’s Ministry of Commerce has started implementing a ministerial decision to impose fines on anyone who fails to submit financial statements in accordance with the provisions of the Companies Law and its regulations. More… |
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KSA starts imposing fines on firms not submitting financial statementsSaudi Arabia’s Ministry of Commerce has started implementing a ministerial decision to impose fines on anyone who fails to submit financial statements in accordance with the provisions of the Companies Law and its regulations. More… |
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ADGM FSRA fines 6 financial firms for breaching CRSThe Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has imposed penalties totalling AED170,000 ($46,285) on six financial firms for contraventions of the Common Reporting Standard Regulations 2017. More… |
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UAE’s MoE imposes fines worth $6.15m on 29 DNFBP firmsThe UAE Ministry of Economy (MoE) has imposed fines worth AED22.6 million ($6.15 million) on 29 companies operating in the UAE’s designated non-financial business or professions (DNFBP) sector. The More… |
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UAE’s MoE imposes fines worth $6.15m on 29 DNFBP firmsThe UAE Ministry of Economy (MoE) has imposed fines worth AED22.6 million ($6.15 million) on 29 companies operating in the UAE’s designated non-financial business or professions (DNFBP) sector. The More… |
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Saudi plans hefty fines on passengers coming from Covid-hit statesSaudi Arabia will impose a fine of SR500,000 on passengers coming on board international flights from Covid-19 affected countries in violation of the prescribed rules, the Public Prosecution has warned. The pen More… |
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Bahrain Medical Society calls for fines exemptionThe Bahrain Medical Society has called for exempting doctors and medical and health cadres who were unable to renew their licences since February 2020 from any financial penalties or fines until this pandemic crisis is over. More… |
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Residency law violators ‘can leave UAE without fine’The UAE’s Federal Authority for Identity and Citizenship (ICA) said that residency law violators will be permitted to leave the country with all related fines to be waived, including the ban stamp, during a grace period of three months, wi More… |
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UAE waives fines on expired residency visasSheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has announced the UAE Cabinet decision to cancel fines for residence visa holders until the end of the year. He also gave dire More… |
