Volume of retail trade down by 0.3% in euro area
Although compared to the previous year, retail sales index increased by 2.6%...
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Cinkciarz delivers app in 35 languages
Cinkciarz stated that not only it’s the most translated financial app in the world, but also the most universal app for currency exchange in history...
New $1.485 billion package to support Iraq
Expected to help counter cost of war, low oil prices...
Brexit presents big opportunities for the UK
It will now be able to embrace more market-friendly policies Suparna Goswami Bhattacharya July 13, 2016: While many of us would like to believe that the UK is in a mess, thanks to Brexit, what we all tend to ignore is the upside opportunities that Britain will now have. There are legitimate reasons to believe that...
Changing the rules of the game
A look at the laws governing tax residency in India Pallavi Singhal May 28, 2015: Tax residency is at the core of any taxation system as it determines the sovereign right of a country to tax income. The tax residency determines whether a tax payer is liable to pay tax on global income or source...
Shari’ah law cannot apply to a commercial transaction in UK
A look into a case settled in 2004 in the England and Wales Court Of Appeal Camille Paldi April 28, 2015: Beximco Pharmaceuticals Ltd, Bangladesh Export Import Co. Ltd., Mr. Ahmad Solail Fasiuhur Rahman, Beximco (Holdings) Ltd. v. Shamil Bank of Bahrain E.C. [2004] EWCA Civ 19, the defendant Beximco Pharmaceuticals Ltd. and the other...
Zaiwalla & Co welcomes Iran’s nuclear deal
The solicitor gives thumbs up to the framework agreement reached with the P5+1 countries April 8, 2015: Zaiwalla & Co, the solicitors who overturned both the United Kingdom’s and European Union’s sanctions against Iranian banks, welcomed the framework agreement which has been reached between the P5+1 countries and Iran relating to Iran’s nuclear programme. This...
Zaiwalla & Co welcomes Iran’s nuclear deal
The solicitor gives thumbs up to the framework agreement reached with the P5+1 countries April 8, 2015: Zaiwalla & Co, the solicitors who overturned both the United Kingdom’s and European Union’s sanctions against Iranian banks, welcomed the framework agreement which has been reached between the P5+1 countries and Iran relating to Iran’s nuclear programme. This...
Scottish independence: The question of your data
If Scotland becomes independent, what does that mean for UK data sovereignty? Lubor Ptacek September 18,2014:Scotland goes to the polls on Thursday to vote on independence from the Union. If a yes vote is passed, it throws into question the impact on data sovereignty. It’s a curious notion, one that both Whitehall and Holyrood have...
‘Immediate concern is the lack of human resources’
Dr. Mahmoud Said Abdalaal, CEO of Aafaq Islamic Finance tells IFM about the challenges facing Islamic finance and banking What sets Aafaq apart from other finance companies? Aafaq’s role as a finance company is strategic in meeting the visionary approach of HH Sheikh Muhammad Bin Rashid Al Maktoum. Our strategic approach matches the growing economy...