Banking & Finance

Apprehensions edge away as VAT becomes the new normal norm

Opinion Piece by Vikas Panchal, Business Head at Tally Solutions in the Middle East, a leading international accounting and compliance software provider which has recently introduced Value Added Tax (VAT) software Tally.ERP 9 Release 6.3 to help businesses comply with VAT

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Apprehensions edge away as VAT becomes the new normal norm

Opinion Piece by Vikas Panchal, Business Head at Tally Solutions in the Middle East, a leading international accounting and compliance software provider which has recently introduced Value Added Tax (VAT) software Tally.ERP 9 Release 6.3 to help businesses comply with VAT

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39 days of VAT in GCC:

“Businesses and customers embrace VAT effectively” says Tally Solutions “Those who have not registered, must do so to avoid penalties and fines” says President of ICAI – Dubai Chapter The new year was heralded as the onset of the VAT

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39 days of VAT in GCC:

“Businesses and customers embrace VAT effectively” says Tally Solutions “Those who have not registered, must do so to avoid penalties and fines” says President of ICAI – Dubai Chapter The new year was heralded as the onset of the VAT

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LGB BANK, in collaboration with MasterCard Worldwide, announces special offer with Careem

LGB BANK, in collaboration with MasterCard Worldwide, has announced a special offer with Careem, the app-based car booking service. The offer enables MasterCard cardholders to enjoy free city rides and benefit from monthly discounts. As such, the Bank’s customers will

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LGB BANK, in collaboration with MasterCard Worldwide, announces special offer with Careem

LGB BANK, in collaboration with MasterCard Worldwide, has announced a special offer with Careem, the app-based car booking service. The offer enables MasterCard cardholders to enjoy free city rides and benefit from monthly discounts. As such, the Bank’s customers will

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LGB BANK signs the first syndicated funding agreement in Lebanon in collaboration with international Development Finance Institutions

LGB BANK signed a USD 67.5 million funding agreement in collaboration with FMO, OFID and OeEB to support Small and Medium Enterprises, during a ceremony held in the Austrian Capital of Vienna. In addition to the USD 32.5 million provided

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LGB BANK signs the first syndicated funding agreement in Lebanon in collaboration with international Development Finance Institutions

LGB BANK signed a USD 67.5 million funding agreement in collaboration with FMO, OFID and OeEB to support Small and Medium Enterprises, during a ceremony held in the Austrian Capital of Vienna. In addition to the USD 32.5 million provided

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Visa and Grand Cinemas partner to reward cinemagoers with exclusive deals on card spends

Visa Platinum, Signature and Infinite cardholders to receive fifty percent off movie tickets five days a week Visa (NYSE:V), the world leader in digital payments, today announced its partnership with Lebanon’s leading cinema chain, Grand Cinemas, to offer cardholders rewarding

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Visa and Grand Cinemas partner to reward cinemagoers with exclusive deals on card spends

Visa Platinum, Signature and Infinite cardholders to receive fifty percent off movie tickets five days a week Visa (NYSE:V), the world leader in digital payments, today announced its partnership with Lebanon’s leading cinema chain, Grand Cinemas, to offer cardholders rewarding

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Visa names Andrew Torre Regional President for Central and Eastern Europe, Middle East and Africa Region

Torre will also sit on Visa’s global Operating Committee in San Francisco Currently serves as Visa President Sub-Saharan Africa and sits on U.S. President’s Council for Africa Visa Inc. (NYSE:  V) has announced the appointment of Andrew Torre as Regional

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Visa names Andrew Torre Regional President for Central and Eastern Europe, Middle East and Africa Region

Torre will also sit on Visa’s global Operating Committee in San Francisco Currently serves as Visa President Sub-Saharan Africa and sits on U.S. President’s Council for Africa Visa Inc. (NYSE:  V) has announced the appointment of Andrew Torre as Regional

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RIPE NCC hosts roundtable discussion on secure and resilient Internet banking in Lebanon

Event designed to ensure local banks’ full network autonomy and Internet access resiliency Training on cyber threats and cybercrimes also held in the country The RIPE Network Coordination Centre (NCC), in cooperation with Data Consult, recently gathered the key stakeholders

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RIPE NCC hosts roundtable discussion on secure and resilient Internet banking in Lebanon

Event designed to ensure local banks’ full network autonomy and Internet access resiliency Training on cyber threats and cybercrimes also held in the country The RIPE Network Coordination Centre (NCC), in cooperation with Data Consult, recently gathered the key stakeholders

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LGB BANK in collaboration with MasterCard launches a new promotion

LGB BANK in collaboration with MasterCard Worldwide and AccorHotels, launched its new promotional offer where premium customers will be able to benefit from a free night in the most prestigious hotels in the world upon booking for three nights through

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LGB BANK in collaboration with MasterCard launches a new promotion

LGB BANK in collaboration with MasterCard Worldwide and AccorHotels, launched its new promotional offer where premium customers will be able to benefit from a free night in the most prestigious hotels in the world upon booking for three nights through

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Abdul Razzak Achour, Chairman & General Manager of Fenicia Bank receives Golden Medal of Merit for wise leadership across the region

The Chairman & General Manager of Fenicia Bank Abdul Razzak Achour received the Golden Merit Award at a ceremony honoring the winners of the “Arab Eagle Award for Public Management Strategies 2017” organized by the Tatweej Academy for Excellence Awards in the Arab

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Abdul Razzak Achour, Chairman & General Manager of Fenicia Bank receives Golden Medal of Merit for wise leadership across the region

The Chairman & General Manager of Fenicia Bank Abdul Razzak Achour received the Golden Merit Award at a ceremony honoring the winners of the “Arab Eagle Award for Public Management Strategies 2017” organized by the Tatweej Academy for Excellence Awards in the Arab

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LGB BANK PARTICIPATES IN DUBAI SHOPPING FESTIVAL

Itani “It’s an opportunity for customers to benefit from a global event” LGB BANK, in collaboration with Visa, is taking part in the 26th Dubai Shopping Festival from 26 December to 28 January 2018. The Bank will offer its customers

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LGB BANK PARTICIPATES IN DUBAI SHOPPING FESTIVAL

Itani “It’s an opportunity for customers to benefit from a global event” LGB BANK, in collaboration with Visa, is taking part in the 26th Dubai Shopping Festival from 26 December to 28 January 2018. The Bank will offer its customers

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Myths and misconceptions surrounding VAT

Al Dhaheri Jones & Clark sheds light on marketing gimmicks With the onset of the New Year, a five per cent levy on most goods and services was introduced in the UAE in the form of Value-Added Tax (VAT). While

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Myths and misconceptions surrounding VAT

Al Dhaheri Jones & Clark sheds light on marketing gimmicks With the onset of the New Year, a five per cent levy on most goods and services was introduced in the UAE in the form of Value-Added Tax (VAT). While

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Commentary by Mr Vikas Panchal, Business Head at Tally Solutions in the Middle East about VAT:

“VAT is a significant milestone in the history of the GCC and is all set to be a major boost for the economy. We understand that the change will be challenging to begin with, more specifically for businesses. At Tally,

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Commentary by Mr Vikas Panchal, Business Head at Tally Solutions in the Middle East about VAT:

“VAT is a significant milestone in the history of the GCC and is all set to be a major boost for the economy. We understand that the change will be challenging to begin with, more specifically for businesses. At Tally,

/ Comments Off on Commentary by Mr Vikas Panchal, Business Head at Tally Solutions in the Middle East about VAT:

See, Hear and Feel the Evolution of Visa Through Sensory Branding

The all-new sound of Visa will debut in Visa’s global advertising campaign celebrating the Olympic Winter Games PyeongChang 2018 Visa (NYSE: V) today announced a suite of sensory branding that will support the Visa brand in an expanded universe of

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See, Hear and Feel the Evolution of Visa Through Sensory Branding

The all-new sound of Visa will debut in Visa’s global advertising campaign celebrating the Olympic Winter Games PyeongChang 2018 Visa (NYSE: V) today announced a suite of sensory branding that will support the Visa brand in an expanded universe of

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Trip of a lifetime to Russia from LGB BANK Itani: “Rewarding the Bank customers”

LGB BANK, in cooperation with Visa International, launched the World Cup campaign to reward its customers by offering an all expenses paid trip to attend the 2018 World Cup in Russia using Visa cards issued by LGB BANK at Majid

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Trip of a lifetime to Russia from LGB BANK Itani: “Rewarding the Bank customers”

LGB BANK, in cooperation with Visa International, launched the World Cup campaign to reward its customers by offering an all expenses paid trip to attend the 2018 World Cup in Russia using Visa cards issued by LGB BANK at Majid

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Visa outlines strategies and tools to protect Lebanon’s growing digital economy at 3rd Anti-Cybercrime Forum

Visa (NYSE:V), a world leader in digital payments, participated in the third annual Anti-Cybercrime Forum in Beirut where it discussed security trends and challenges in Lebanon’s payments ecosystem. Joining the ‘Evolving threats, Vulnerabilities, and Counter-Measures’ panel, Zhan Jovanovski, Director of

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Visa outlines strategies and tools to protect Lebanon’s growing digital economy at 3rd Anti-Cybercrime Forum

Visa (NYSE:V), a world leader in digital payments, participated in the third annual Anti-Cybercrime Forum in Beirut where it discussed security trends and challenges in Lebanon’s payments ecosystem. Joining the ‘Evolving threats, Vulnerabilities, and Counter-Measures’ panel, Zhan Jovanovski, Director of

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Tally Solutions geared up to help GCC businesses transition to the VAT era

More than 1.2 million businesses globally use Tally for accounting and tax filing needs In an endeavour to help businesses in the UAE comply with VAT regulations, Tally Solutions, a leading international compliance software provider will offer improved insights, data

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Tally Solutions geared up to help GCC businesses transition to the VAT era

More than 1.2 million businesses globally use Tally for accounting and tax filing needs In an endeavour to help businesses in the UAE comply with VAT regulations, Tally Solutions, a leading international compliance software provider will offer improved insights, data

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Union of Arab Banks grants Mrs. Nahla Khaddage Bou Diab ‘Excellence in the Role of Women in Banking Leadership Award’

The Union of Arab Banks awarded Mrs. Nahla Khaddage Bou Diab the ‘Excellence in the Role of Women in Banking Leadership Award’ in recognition of her high-caliber leadership in bank management. Mrs. Nahla Khaddage Bou Diab, Chief Operating Officer, Al-Mawarid

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Union of Arab Banks grants Mrs. Nahla Khaddage Bou Diab ‘Excellence in the Role of Women in Banking Leadership Award’

The Union of Arab Banks awarded Mrs. Nahla Khaddage Bou Diab the ‘Excellence in the Role of Women in Banking Leadership Award’ in recognition of her high-caliber leadership in bank management. Mrs. Nahla Khaddage Bou Diab, Chief Operating Officer, Al-Mawarid

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Tax experts urge small businesses to voluntarily register for VAT

Al Dhaheri Jones & Clark outline several business benefits for voluntary registration of VAT As the date for the implementation of value-added-tax (VAT) draws closer, tax specialists suggest that businesses can register voluntarily if the total value of their taxable

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Tax experts urge small businesses to voluntarily register for VAT

Al Dhaheri Jones & Clark outline several business benefits for voluntary registration of VAT As the date for the implementation of value-added-tax (VAT) draws closer, tax specialists suggest that businesses can register voluntarily if the total value of their taxable

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Union of Arab Banks grants Al-Mawarid Bank “Innovation & Excellence” Award

Al-Mawarid Bank has just earned its third award for 2017, the “Innovation & Excellence” award from the Union of Arab Banks, in recognition of the Bank’s commitment to the principles of corporate governance and best global practices in banking ethics.

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Union of Arab Banks grants Al-Mawarid Bank “Innovation & Excellence” Award

Al-Mawarid Bank has just earned its third award for 2017, the “Innovation & Excellence” award from the Union of Arab Banks, in recognition of the Bank’s commitment to the principles of corporate governance and best global practices in banking ethics.

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LGB BANK signs an agreement with the Lebanese Army for the installation of an ATM at the entrance of the Central Military Club – Al Manara

LGB BANK signed a cooperation agreement with the Lebanese Army to install an ATM at the entrance of the Central Military Club in Al Manara, Beirut, in order to facilitate cash withdrawals using all cards, whether issued by LGB BANK

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LGB BANK signs an agreement with the Lebanese Army for the installation of an ATM at the entrance of the Central Military Club – Al Manara

LGB BANK signed a cooperation agreement with the Lebanese Army to install an ATM at the entrance of the Central Military Club in Al Manara, Beirut, in order to facilitate cash withdrawals using all cards, whether issued by LGB BANK

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UAE startup takes home US$50K top prize from Visa’s Everywhere Initiative finals

UAE-based Qpal wins ‘Acceptance Challenge’ and overall prize Egypt’s Swvl tops ‘Airport Transit Challenge’ UAE-based Bebuzzd wins ‘Loyalty Challenge’  Visa (NYSE:V), the world’s leader in digital payments, has selected a tech startup based in the United Arab Emirates as the

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UAE startup takes home US$50K top prize from Visa’s Everywhere Initiative finals

UAE-based Qpal wins ‘Acceptance Challenge’ and overall prize Egypt’s Swvl tops ‘Airport Transit Challenge’ UAE-based Bebuzzd wins ‘Loyalty Challenge’  Visa (NYSE:V), the world’s leader in digital payments, has selected a tech startup based in the United Arab Emirates as the

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Two Lebanese startups make Visa Everywhere Initiative finals

Nymcard and CloudHop among 13 finalists from 190 entries Will compete in Dubai for chance to secure funding of up to US$50,000 Winners will be announced on October 11 Two companies from Lebanon’s dynamic technology startup community have made it

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Two Lebanese startups make Visa Everywhere Initiative finals

Nymcard and CloudHop among 13 finalists from 190 entries Will compete in Dubai for chance to secure funding of up to US$50,000 Winners will be announced on October 11 Two companies from Lebanon’s dynamic technology startup community have made it

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You’ll Never Look at the ATM the Same Way Again

Breakthrough ATM solution from NCR helps financial institutions transform retail banking and deliver omni-channel experiences  NCR Corporation (NYSE: NCR), a global leader in omni-channel solutions, today announced the launch of NCR SelfServ™ 80 Series, a new family of ATM solutions

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You’ll Never Look at the ATM the Same Way Again

Breakthrough ATM solution from NCR helps financial institutions transform retail banking and deliver omni-channel experiences  NCR Corporation (NYSE: NCR), a global leader in omni-channel solutions, today announced the launch of NCR SelfServ™ 80 Series, a new family of ATM solutions

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New award from “Visa” to Al-Mawarid Bank confirms its leadership in the area of credit cards

Al–Mawarid Bank is once again confirming its leadership in the credit cards services in the Lebanese banking industry through the growth of the Bank’s credit card department. This success was crowned with the Visa International ‘Growth Award’, in recognition of

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New award from “Visa” to Al-Mawarid Bank confirms its leadership in the area of credit cards

Al–Mawarid Bank is once again confirming its leadership in the credit cards services in the Lebanese banking industry through the growth of the Bank’s credit card department. This success was crowned with the Visa International ‘Growth Award’, in recognition of

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Visa addresses future of payments innovation at Middle East and Eastern Europe Security Summit

Global payments company, Visa (NYSE:V), has hosted its Security Summit for Middle East and Eastern Europe, bringing together key stakeholders to discuss the trends, challenges and innovations in payments security that are transforming the way we pay across the region

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Visa addresses future of payments innovation at Middle East and Eastern Europe Security Summit

Global payments company, Visa (NYSE:V), has hosted its Security Summit for Middle East and Eastern Europe, bringing together key stakeholders to discuss the trends, challenges and innovations in payments security that are transforming the way we pay across the region

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LGB BANK provides VISA Infinite and VISA Signature Cardholders with Insurance Coverage against Fraudulent Use of their Cards

LGB BANK announced that VISA Infinite and VISA Signature cardholders among their customers can benefit from protection against fraudulent use of their cards. The Bank issued an official statement explaining that the insurance policy against fraudulent use of credit cards

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LGB BANK provides VISA Infinite and VISA Signature Cardholders with Insurance Coverage against Fraudulent Use of their Cards

LGB BANK announced that VISA Infinite and VISA Signature cardholders among their customers can benefit from protection against fraudulent use of their cards. The Bank issued an official statement explaining that the insurance policy against fraudulent use of credit cards

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A host of travel benefits from LGB BANK and Mastercard

LGB BANK announced that their Mastercard customers can benefit from a 30% discount on flights and hotel bookings worldwide, by using their LGB BANK Platinum or World Mastercard card.   The Cleartrip offer from LGB BANK and Mastercard allows Platinum cardholders

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A host of travel benefits from LGB BANK and Mastercard

LGB BANK announced that their Mastercard customers can benefit from a 30% discount on flights and hotel bookings worldwide, by using their LGB BANK Platinum or World Mastercard card.   The Cleartrip offer from LGB BANK and Mastercard allows Platinum cardholders

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Group M1 Launches “areeba” Company for Electronic Payment Technology after acquiring it from Bank Audi

In a pioneering move in the economic and financial field in Lebanon, M1 Financial Technologies (Holding), a company of M1 Group, announced that it had acquired all the shares of areeba, owned by Bank Audi sal, during a press conference

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Group M1 Launches “areeba” Company for Electronic Payment Technology after acquiring it from Bank Audi

In a pioneering move in the economic and financial field in Lebanon, M1 Financial Technologies (Holding), a company of M1 Group, announced that it had acquired all the shares of areeba, owned by Bank Audi sal, during a press conference

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LGB BANK Invites its Customers to Benefit from Exclusive VISA Discounts at JumeirahTM Hotels, Restaurants & Waterpark

LGB BANK announced that VISA cardholders among its customers can now benefit from a 25% discount on their stay at any JumeirahTM hotel or resort upon using their card to make a booking or transaction. The card also enables holders

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LGB BANK Invites its Customers to Benefit from Exclusive VISA Discounts at JumeirahTM Hotels, Restaurants & Waterpark

LGB BANK announced that VISA cardholders among its customers can now benefit from a 25% discount on their stay at any JumeirahTM hotel or resort upon using their card to make a booking or transaction. The card also enables holders

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Visa Launches First Everywhere Initiative in MENA to Foster Regional Payments Innovation and Fintech Entrepreneurship

Visa to award US$100,000 to developers in the region addressing three payment related challenges Today, Visa announced that its Everywhere Initiative, an innovation program designed to encourage the development of the “next big thing” in payments, will expand into the

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Visa Launches First Everywhere Initiative in MENA to Foster Regional Payments Innovation and Fintech Entrepreneurship

Visa to award US$100,000 to developers in the region addressing three payment related challenges Today, Visa announced that its Everywhere Initiative, an innovation program designed to encourage the development of the “next big thing” in payments, will expand into the

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