Finance

QIIG Secures IFSCA License for Reinsurance Branch in India’s Gift City

Qatar Islamic Insurance Group announced on August 26, 2026, that it obtained a license from…

UAE Outlines Obligations for Multinational Groups Under Pillar Two Tax Rules

The Ministry of Finance issued a new Ministerial Decision this week detailing requirements for filing…

Qatar Central Bank Raises QAR 5 Billion via Tap Sale of Government Ijarah Sukuk

On August 25, 2026, the Qatar Central Bank issued QAR 5 billion in government Ijarah…

DEWA Secures AED40 Million Savings Through Optimised Gas Turbine Maintenance

DEWA announced this week it saved AED 40 million and 229 workdays over seven years…

UAE Insurance Assets Grow to AED 164.9 Billion as Premiums Jump in 2025

UAE insurance sector assets reach AED164.9 billion, up 6.1% in 2025 with written premiums climbing…

Fed Policymakers Signal Possible September Rate Hike in July Meeting Minutes

The Federal Reserve released minutes on August 19, 2026, from its July meeting that showed…

Chinese Vice Minister Details Plans for Additional Fiscal Support Amid Slowing Growth

Vice Finance Minister Liao Min said on August 21, 2026, that China would introduce timely…

Apple Discloses EU Profits and Tax Payments in First Public Filing

Apple published its first country-by-country tax report for European Union nations on August 21, 2026,…

UK Public Sector Borrowing Hits £1.8 Billion in Surprise July Deficit

The UK reported an unexpected £1.8 billion budget deficit in July on August 21, 2026,…

Evergrande Founder Hui Ka Yan Sentenced to Life in Prison for Fraud

A Chinese court sentenced Evergrande founder Hui Ka Yan to life in prison on Thursday…

UAE Ministry of Finance Hosts Forum to Empower Young Leaders in Financial Sector

The UAE Ministry of Finance on Wednesday organised the MoF Youth Forum under the theme…

Annual Report Details QCB Efforts to Strengthen Financial Resilience and Supervision

Qatar Central Bank released its 2025 annual report this week documenting its work to strengthen…