26 August 2019
The QFC Regulatory Authority (“QFCRA”) announced today that it has imposed a financial penalty of QAR 200,000,000 (USD 54,945,055) on First Abu Dhabi Bank PJSC (“FAB”) for obstruction of the QFCRA’s...
29 May 2017
In the run-up to the adoption of IFRS 9 in January 2018, S&P Global Ratings has assessed the potential impact on the GCC banks that it rates. We expect that GCC banks will show resilience to the...
04 January 2017
Al Rayan Financial Brokerage Company (ARB), a Masraf Al Rayan (MAR) owned subsidiary and member of Qatar Exchange, has decided to suspend the activities and licence of its brokerage business,...
10 December 2014
GCC businesses will need to understand and be prepared to integrate the new International Financial Reporting Standards (IFRS) before they come into force in the next two years. The recently...
22 September 2014
EY organized its annual International Financial Reporting Standards (IFRS) update seminar at the Four Seasons Hotel in Doha, Qatar. The seminar was attended by over 125 finance professionals from the...
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