Financial Services MENA Edition

currencies

Tunisia's foreign currency reserves fall to 'weak' levels

A worsening trade deficit has further eroded Tunisia's foreign currency reserves.

bonds

Egypt's central bank to hold auction for 1-year euro-denominated T-bills

The maturity date for the bills is Aug. 21, 2018.

taxation

VAT in the UAE: What it means for jobs and careers

Ian Giulianotti, Director at Nadia Recruitment Training, discusses the career opportunities being created by the launch of VAT.

logistics

Danish Maersk seeks role in trade finance as banks retreat

Maersk Line, the world's biggest container shipper, is venturing into trade finance.

technology

18 social entrepreneurs vie for Dubai Expo Live funds

Expo Live is an innovation and partnership programme launched by Expo 2020 Dubai to fund, accelerate and promote creative solutions.

gcc

GCC liquidity pressure spreads to mid-size and large companies

The working capital performance of companies across the Gulf region has weakened, dropping by an overall 7 percent in 2016

markets

Abu Dhabi creates new legal structure for preserving family wealth

Abu Dhabi Global Market announced foundations have been set up to provide a more flexible structure for managing inter-generational wealth than trusts

financial services

Accountants PwC fined record $6.56mln over RSM Tenon audit

The FRC warned last month that accountants should challenge information provided by clients.

equities

Qatar voting stake in Credit Suisse falls to 15.91%

Qatar's voting stake in Swiss bank Credit Suisse has fallen to 15.91% from the 17.98% reported in June, a disclosure form on the SIX Swiss Exchange's website showed.

taxation

Latest on VAT in the UAE

Luis Arango, Partner at Whitehall & Co, joins us in studio to answer your tax questions and give us the latest on VAT in the UAE.