Friday 29 July 2016
 
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Regulations

Islamic finance industry facing regulatory challenges

The Islamic financial services industry continues to experience profound regulatory and practice challenges, and there is continued pressure on industry stakeholders to revisit their governance and business models, a report said.

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Pace of innovation ‘key risk for businesses’

Pace of innovation and increased regulation are among top strategic risks to impact business strategy over the next three years, according to global executives, a report said. Global business executives jointly rank pace of innova

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UK launches new food safety qualifications

The British Safety Council has launched new  regulated food safety qualifications that enable staff in the catering, food retail and food manufacturing sectors to learn how they can ensure excellent food safety standards. The

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New tyre rules in Saudi Arabia from November

New regulations governing tyres produced or sold in Saudi Arabia will come into force in November, said the board of the Saudi Standards, Metrology and Quality Organisation. The technical regulations have set limits for the rollin

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New tyre rules in Saudi Arabia from November

New regulations governing tyres produced or sold in Saudi Arabia will come into force in November, said the board of the Saudi Standards, Metrology and Quality Organisation. The technical regulations have set limits for the rollin

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Regulations top challenge for financial services

Regulatory requirements form the top challenge for 79 per cent of financial services institutions, a report said. Eighty-five per cent of financial institutions from around the world reported that their boards of directors current

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DHA discuses current regulations for health investment

The Dubai Health Authority’s board discussed the current regulations for health investment in the emirate at its second meeting held recently at its headquarters. The meeting was convened by Humaid Mohammed Obaid Al Qatami,

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Foreign firms cautious as Saudi opens up bourse

The opening of Saudi Arabia's bourse to direct foreign investment may create billions of dollars of business but international banks and fund managers are cautious about expanding their operations in the kingdom. Regulatory ob

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Green light for new rules on IVF use in Bahrain

New regulations governing the use of in vitro fertilisation (IVF) in Bahrain have been approved in principle by the Shura Council. Members yesterday (May 31) voted in favour of a new IVF law, which was originally proposed by parli

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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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