09/18/2019
Merkel urges return to Iran nuclear deal to defuse Middle East tensions
In recent days tensions in the region rose and Germany will always be in favor of deescalation and long-term solutions are only possible through a political process.
Legal, Tax, Regulation & Compliance
09/18/2019
Safe Haven ETFs to Grab Amid Middle East Tensions
Other precious metals like silver rose 3% and platinum inched up 0.7%.
09/18/2019
Bahrain mandates banks for dual-tranche transaction - document
The dual-tranche transaction, subject to market conditions, is for a seven-year Islamic bond and a 12-year bond.
09/18/2019
KAMCO shareholders approve draft merger contract and capital increase in shares allocated to Global shareholders
As set out in the Amalgamation agreement between KAMCO and Global, KAMCO shall be the merging company and Global the merged
09/18/2019
Kuwait hosts economic policy makers
The first session will also address geopolitical challenges, trade disputes, oil price fluctuation, currency exchange and effects of financial technologies; in addition to addressing expectations, tools available for facing future challenges and impact of
09/18/2019
Dubai's DIFC registers three-fold increase in fintech firms since 2018
Arif Amiri, CEO of DIFC Authority, said: "The significant rise in the number of registered fintech firms establishing a presence at the centre highlights our sustained efforts to transform the region's financial technology ecosystem and drive su
09/18/2019
Sheffield Dis-United
The comprehensive decision will be an important precedent to consider in future shareholder disputes, particularly those involving a ‘deadlock’ situation.
09/17/2019
Dubai’s Careem rides high after $3bn Uber buyout
Ride-hailing app sets sights on becoming one-stop shop with expansion into deliveries
09/17/2019
Dubai Regulators Flagged Standard Chartered
Senior executives, including global private banking head Didier von Daeniken, were scheduled to meet Dubai regulators this month, the sources added.
09/17/2019
Ofcom rejects inquiry into Saudi Arabian investor in Evening Standard
The Standard is controlled by Evgeny Lebedev, 39, the son of Alexander Lebedev, 59, a Russian businessman and former KGB spy.
09/17/2019
EBRD and Credit Libanais joining forces
Credit line and trade finance limit will support small and medium-sized businesses and intra-regional trade in Lebanon
09/17/2019
Kuwait MP: 'Expats must pay even for the air they breathe'
Al-Hashim has a long history of attacking migrant workers in Kuwait, as she has repeatedly demanded the deportation of Egyptian workers in particular.
09/16/2019
Grant Thornton celebrates launch of a new member firm in Lebanon
Grant Thornton is delighted to announce the launch of the new member firm in Lebanon as a regional hub for the Levant.
09/16/2019
Burgan Bank Participates in Central Bank of Kuwait’s International Banking Conference: "Shaping the Future"
Burgan Bank will be present among global industry peers from the financial sector, along with prominent delegates, CEOs, industry experts, and key figures from government and regulatory bodies.
09/15/2019
Regulators urged to proactively manage debt systematically
Avoiding bankruptcies of potentially viable businesses will not only help preserve jobs in our region, but can also be a driver of economic growth.”
09/13/2019
Asset Protection - Why Jersey Trusts And Foundations Appeal To Middle Eastern Clients
Other reasons for establishing a trust or foundation include the ability to preserve confidentiality against the public
09/13/2019
Dentons launches '50 for 50' CSR Challenge in the Middle East
Named the '50 for 50' Challenge, the initiative aims to inspire all members of the Firm's Middle East offices to give back to their local communities by dedicating time or resources to any number of 50 approved CSR initiatives by Ramadan 20
09/12/2019
Saudi Arabia's banking regulator sees mortgage market doubling in next few years
Kingdom has already seen significant growth in mortgage loans provided by commercial banks
09/12/2019
Saudis condemn Israeli prime minister's West Bank annexations plans
Critics said this could inflame the Middle East and eliminate any remaining Palestinian hope of establishing a separate state.
09/12/2019
New law bolsters Qatar's role in combating money laundering, terror funding
Amir issues Law No. 20 of 2019 to issue a law on combating money laundering and terrorism financing