Thursday 28 May 2015
 
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Saudi Arabia 'studying REIT listing rules'

Saudi Arabia's Capital Market Authority (CMA) is studying plans to introduce rules governing the listing of real estate investment trusts (REITs), two sources aware of the matter told Reuters. The regulator has approached mark

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UAE tycoon seeks new rules on family business transfer

One of the UAE most prominent businessmen is leading calls for regulations across the Gulf Arab region to smooth the transfer of ownership of family businesses after the death of the founder. Family businesses generate more than 8

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New watchdog to monitor workers’ housing in Bahrain

Activists have pledged to set up a watchdog to monitor the implementation of new rules regulating labour accommodation in Bahrain. The Gulf Daily News (GDN), our sister publication, reported yesterday (March 31) on a Cabi

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Bahrain F1 race visa rules revealed

Formula One visa rules were spelt out yesterday (March 29) for the event from April 17 to 19, which will take place at the Bahrain International Circuit. The F1 visa will be multi-entry and valid for two weeks from the date of the

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Bahrain eases visa rules for GCC visitors

Any visitor to a GCC country will be eligible for a one-month multiple-entry visa to Bahrain under new rules coming into effect next Wednesday (April 1). The new rules also allow GCC residents and citizens of 102 countries to obta

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Bahrain cbank tightens rules on banker bonuses

New rules that restrict big bonuses for bankers in Bahrain have been implemented by the Central Bank of Bahrain (CBB) since July last year, according to its top official. Central Bank of Bahrain Governor Rasheed Al Maraj said the

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New categorisation system for Bahrain hotels on way

A new categorisation system for hotels in Bahrain is set to come into force tomorrow (February 26) when it is published in the Official Gazette. The rules for three, four and five-star hotels include regulations relating to the si

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UAE brokerages told to obey margin trading rules

The UAE Securities and Commodities Authority urged brokerages that extend margin trading services to obey regulations and sell clients' shares if shortages in their accounts are not filled on time. The market regulator said it

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UAE central bank studying new rules for bank loans

The United Arab Emirates central bank is looking at proposals for new rules covering bank loans against shares, a senior official said on Tuesday. "The central bank board is studying new regulations for credit against shares,

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Tamkeen sets new rules for career programme

Bahrain’s labour fund Tamkeen has laid out new systems and regulations for its career progression programme. The programme is designed to enable business owners to address skill gaps of their Bahraini employees by offering h

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