Sunday 24 May 2015
 
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Regulations

Saudi firms tighten controls in wake of Mobily scandal

When Saudi Cable said last month it was delaying the release of its 2014 earnings statement, because it was still compiling information required by an external auditor, it was a sign of growing regulatory pressure on companies in the kingdom.

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UAE Banks Federation, SWIFT discuss financial regulations

UAE Banks Federation partnered with SWIFT to bring together senior representatives from financial institutions across the region to look at the impact of global regulations and to discuss the adoption of global best practice. More

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Bahrain braces for new real estate regulations

Early next month, the government of Bahrain is expected to introduce new obligatory tenancy registration procedures, which will aid in the maturing of the market, however the proposed rent increases at renewal threaten to obstruct the residentia

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New Bahraini health centre rule to prevent waiting

New regulations have been imposed to prevent people from waiting in line for hours at health centres in Bahrain just to skip work. Patients will only be able to enter public medical facilities if they have booked appointments in a

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Bahrain plans new rules for hotels

Hoteliers were briefed on new tourism regulations that include revamped categories for three, four and five-star hotels in Bahrain. Officials from the Culture Ministry's Tourism Affairs Directorate met representatives of four-

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Tighter laws on food 'can reverse obesity epidemic'

Governments could slow – and even reverse – the growing epidemic of obesity by taking measures to counter fast food consumption, according to a World Health Organisation study. The study, by a team of researchers based

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Bahrain's Premier sets up privatisation panel

His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa yesterday issued an edict approving privatisation policies and regulations. A high privatisation committee will be set up under the chairmanship of a minister,

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100 experts for Qatar banking summit

A banking summit in Qatar will discuss new financial regulations and key initiatives that will facilitate growth in the banking sector and put the country on the road to becoming the region’s financial hub. The Meed Qatar Ba

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Kuwait insurers ‘facing regulatory changes’

Kuwait’s insurance market is experiencing a period of uncertainty, as premium growth has been volatile in recent years, and insurers currently await potential regulatory developments, a report said. While Kuwait’s tota

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Regulations, lack of liquidity ‘hitting GCC IPOs’

Stricter regulatory scrutiny of companies with plans to list and a lack of liquidity in certain markets are the key factors responsible for the low volume of IPOs in the GCC in the last 12 months, experts said. Other issues hittin

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