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Saudi Arabia issues new rules to regulate BNPL companiesThe Saudi Central Bank (SAMA) has issued new rules for regulating the 'Buy now pay later (BNPL) companies, in a move that reflects SAMA’s continuous efforts to develop the financial sector as a whole and empower the fintech sector in More… |
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Saudi Arabia updates rules pertaining to absenteeismThe Saudi Ministry of Human Resources and Social Development (HRSD) has announced updates to the rules and procedures related to employees’ absence from work in private sector establishments. This n More… |
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Bahrain issues new rules on land distribution for projectsHis Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, has issued Edict (64) of 2021, determining the rules and provisions for distributing the lands of the planning or re-planning projects for which the ex More… |
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UAE central bank issues new rules backing FinTech firmsThe Central Bank of the UAE has issued a new regulation on stored value facilities (SVF) in an effort to ensure that stored value products and services are operated in a secure, sound and efficient manner in the country. More… |
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UAE Central Bank issues new rules on reserve requirementsThe Central Bank of the UAE (CBUAE) has announced that it will introduce new regulations regarding reserve requirements for deposit-taking licensed financial institutions effective October 28. The introduction More… |
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Bahrain finalising new rules for buildingsBahrain is finalising new regulations for the construction, remodelling and demolition of buildings. This will define administrative, technical, worksite protection and rehabilitation, precautionary measures, workers’ safety as well as o More… |
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Ideagen launches toolkit to comply with EU rulesUK-based Ideagen, a global software firm, will launch a new toolkit designed to help medical device organisations comply with a new industry standard allowing them to continue to trade in Europe. The EU Medical Device Regulation ( More… |
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New UAE rules for hiring support service workersThe UAE Ministry of Human Resources and Emiratisation has announced new residency rules governing support service workers hired by Emirati families, in implementation of the executive regulations of the Law on Support Service Workers issued by More… |
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India eases FDI rules in 4 key sectors to boost growthIndia’s federal cabinet yesterday (August 28) approved further liberalising of foreign direct investment (FDI) rules in four sectors, in an effort to get economic growth back on track, said a report. The government approved More… |
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ADGM approves corporate BOC rules codificationThe Abu Dhabi Global Market (ADGM), the global financial centre in Abu Dhabi, said its board of directors approved the codification of existing corporate beneficial ownership and control (BOC) regulations earlier this month. More… |
