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Heartening as it gets, the Cultural Development Fund of Saudi Arabia has introduced an unprecedented fund worth $100 million for the purpose of nurturing the advancement of the domestic film and media industry at the ongoing Cannes film festival. The festival’s opening will feature “Jeanne du Barry,” a film directed by French actor-director Maïwenn, who …

The world of Arab cinema and its presence in Cannes, a star studded affair Read More »

The financial service sector has witnessed regular updates of rules and regulations by the Central Bank of UAE in order to curb terror financing and money laundering. Spearheaded by the goals of Committee UAE’s Public-Private Partnership Sub Committee, the Central Bank has been issuing guidelines to be followed by banks, finance companies, exchange houses, insurance …

UAE Central Bank fortifies compliance, sanctions imposed on eight banks  Read More »