• Saudi Arabia sets $54m threshold for public-private partnership projects

    Riyadh, Saudi Arabia - Saudi Arabia has revised the regulations of its Privatization Law, setting the minimum limit for a public-private partnership project at $54 million (SR 200 million). The amended executive regulations, published in the official gazette Umm Al-Qura, outline that the minimum value for the transfer of asset...
  • ‘Qatar plays crucial role in enhancing transparency’

    "Uzbekistan is eager to strengthen its cooperative relationship with Qatar, particularly in anti-corruption efforts. Qatar has achieved advanced rankings and received numerous international accolades in this area, from which Uzbekistan seeks to learn," he adds during the Sheikh Tamim Bin Hamad Al-Thani International Anti-Corruption Excellence Award.
  • European banks lack transparency on green finance: NGO

    ShareAction said banks amplify "green credentials to their customers and shareholders" but there is a "structural" lack of transparency on what their green finance activities achieve. It examined the green finance commitments and activities of Europe's top 20 banks. Banks are widely criticised for slow progress on the transition to...
  • Blockchain enhances efficiency, security in aviation

    Despite facing challenges like regulatory compliance and interoperability, blockchain promises to revolutionize airline operations, offering improved passenger experiences.
  • Dubai Land Department calls for engaging accredited valuation offices

    DUBAI, UAE – The Dubai Land Department (DLD) is committed to providing property owners with easily accessible resources to reinforce transparency within the real estate market and promote adherence to relevant laws and regulations. The official list of accredited companies and valuation offices is available on DLD’s official website (dubailand.gov.ae)...
  • UAE and Africa strengthen carbon market collaboration

    "Our collaboration with the Africa Carbon Markets Initiative provides carbon market buyers in the UAE and wider region with access to high-quality carbon credits in Africa. This does not only help to unlock Africa’s carbon credit generation potential, but also supports sustainable investment opportunities and long-term climate impact," she adds.
  • Investments focus as KSA gets Civil Transactions Law

    The new law seeks to provide a robust legal framework governing all contracts and transactions, instilling confidence in business sector and fostering growth across industries
  • UAE implements corporate tax amidst mixed reactions

    Some experts deem the tax rate reasonable in global context, while others remain concerned about challenges the new tax regime could pose for family-owned businesses.
  • Elon Musk hypes up new moderation policy to reassure advertisers

    Speaking at a meeting in Florida, the controversial billionaire outlined new rules, first announced Monday, to limit the reach of tweets that do not conform to the platform's guidelines. Since purchasing the so-called bird app in a rollercoaster $44 billion deal last year, Musk has sharply reined in content moderation...
  • TRENDS seeks whistleblowers

    Getting the correct information is not easy. If an honest and upright person such as yourself identifies and flags any wrongdoing in an organization or department and becomes a whistleblower, you’ll be doing the RIGHT THING and the benefits are peace of mind, weight off your chest, and your contribution...
  • Loopholes in corporate governance, political interest hinder battle against corruption across Arab world

    The UAE and few other countries figure at the top of the Transparency Index in the region, but this doesn't mean that they have an excellent performance globally, says an expert.
  • $121bn GCC projects in pipeline: Trust, transparency key to their success, TOP CEO Conference heard in May

    Beside leadership and vision, trust, communication and transparency between all the stakeholders play a key role in any and every project’s success, experts had said at the event.
  • Video: Transparency is hallmark of TOP CEO Awards as GCC winners get honored

    From among a small pool of short-listed CEOs of listed firms, each winner was picked on the basis of growth, size, profitability, and corporate governance of the company they led.
  • Dubai most transparent Arab real estate market

    The emirate was ranked 31st in the world on the Global Real Estate Transparency Index 2022, which is based on a global survey.
  • Reforms make Dubai region’s most open realty market

    Revised lending norms, focus on sustainability and improved digital services and data availability help the emirate advance in JLL's Global Real Estate Transparency Index.
  • Jordan ranks first in Arab world on budget transparency survey

    Jordan ranked first in the Arab world and 32nd globally on the budget transparency, according to the Open Budget Survey (OBS) 2021, which was published by the International Budget Partnership. Jordan scored 61 out of 100, exceeding the global average of 45 out of 100, according to the International Budget...
  • DNI inks AECB deal

    It will help DNI assess people and companies’ financial position.
  • Financial corruption hinders Gulf economic model

    Beside Covid-19 pandemic, many countries in the region face war and conflicts. A robust economic system necessitates an effective strategy to combat corruption. If GCC countries wishes to be prosperous, there must be systems in place to fight corruption and ensure that the integrity of the state is maintained.
  • New Zealand passes law to make banks report climate impact

    New Zealand has passed a law that will force banks to reveal the impact of their investments on climate change. The law has been described as a world-first move to make the financial sector's environmental record more transparent.
  • UAE forms new law to punish erring ministers and officials

    Any minister or senior official found guilty of corruption could be relieved of their job.