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UK register for overseas entities to bring transparency to Britain's ultra-rich luxury property market

A new British register for overseas entities is part of a government effort to bring transparency to Britain’s property market. ....

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World's Rich Reveal How They Spend Their Billions on UK Property

The register is a major policy shift, requiring overseas companies to declare beneficial owners or face potential prosecution. ....

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'Not one red cent:' Lawmaker floats withholding aid to countries using spyware

Activities of Israeli spyware company NSO came under scrutiny at a Congressional hearing where a victim of the hacking company testified ....

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Al Rajhi Bank net profit jumps 24% to $1.1bn in Q1

RIYADH: Saudi Arabia's Al Rajhi Bank has reported a net profit of SR4.1 billion ($1.09 billion) in the first quarter of 2022, up 24 percent from the same period a year ago, according to a bourse filing. The total operating profit of the bank rose to SR6.9 billion in Q1, up 16.9 percent from Q1 2021, and up 1.4 percent when compared with the previous quarter. The bank’s total ....

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Oil-exporting countries in Mena to register stronger growth in 2022, Fitch says

Oil-exporting countries in the Middle East and North Africa region are expected to register stronger growth next year, driven by accelerated vaccination programmes, higher oil prices and Opec+’s policy to gradually increase production in line with improved demand. The UAE’s economy is projected to grow 5.8 per cent next year, while Saudi Arabia, the largest . ....

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