09/24/2018
Leaving UAE? Know these rules to avoid legal hassles
Your may liquidate the company and close the bank account and cancel his visa, before travelling to his home country.
Legal, Tax, Regulation & Compliance
09/21/2018
Casa calls on Dubai Bank to release 17 Black information
David Casa called on Noor Bank to publish any identifying information concerning the UBO of 17 Black and the transfers carried out through 17 Black
09/21/2018
Emirates said to seek Etihad takeover to create world’s largest airline
A combination of the airlines would provide further evidence of the sheikdoms consolidating businesses to boost competitiveness.
09/20/2018
Turkey seeks to attract investors through citizenship
Whereas previously real estate investors needed to buy a property for a minimum of $1 million, now a minimum $250,000 would be sufficient.
09/18/2018
Investors hope central banks will extend a rescue line to ailing emerging markets
The pressure to hike will be particularly strong for Brazil and SA, both of which have seen their currencies plunge this year
09/18/2018
Banks’ profits score EGP 45.843bn at end of June 2018
Top five banks account for 61.34% of profits, against 72.87% for 10 banks, says CBE
09/18/2018
5% VAT 'a starting point' for GCC, says banking chief
The 10th MENA CFO conference heard that VAT violators are being censured, with 3,000 offences recorded in Saudi Arabia in the first two months of 2018
09/18/2018
Saudi Wealth Fund to Invest $1 Billion in Tesla's Rival Lucid
Funding will enable EV maker to roll out Air sedan in 2020
09/18/2018
Dubai Financial Market accredits SICO as market maker and liquidity provider
Najla Al Shirawi: "We look forward to assist listed companies to improve valuations and attract fresh capital, which will further enhance the confidence of regional and international investors"
09/18/2018
Switzerland seeks bank access to Israeli markets
Israeli authorities focus on EU regulations but the EU doesn’t fully recognise our rules and regulations for political reasons.
09/17/2018
Arrests Spark Selloff in Egypt, Pacing Mideast Losses
In Dubai, the equities gauge fell to the lowest level since January 2016 after breaching a resistance level.
09/17/2018
U.A.E. to Offer Expats Long-Term Residency Visa After Retirement
If implemented, measures could encourage expats to stay on
09/17/2018
Saudi Arabia to auction detained tycoon’s real estate assets -sources
Maan al-Sanea once ranked on Forbes’s 100 rich list
09/16/2018
Dubai DIFC wills service centre offers options to pass on the assets to heirs
Dubai's Law No. 15 was passed in late 2017 and was designed to clarify the administration of Wills for non-Muslims with assets in Dubai.
09/14/2018
Egypt seeks sovereign wealth fund boss
Government announced formation of fund earlier this year
09/13/2018
Andersen Global Continues Expansion in Middle East
Zalloum & Laswi provides in-depth knowledge on a wide range of legal issues to a variety of clients, but typically mid to large sized Jordanian corporations or foreign corporations that require representation in Jordan.
09/13/2018
UAE to begin VAT refund scheme for tourists from November
VAT refunds will initially be available at three airports in Dubai, Sharjah and Abu Dhabi, and will be eventually be extended to 12 points
09/13/2018
Corporate governance in the UAE
Corporate governance in the Middle East is mostly driven by the need for more foreign direct investment in the non-oil producing countries.
09/12/2018
Saudi group seeks to stop banks claiming assets after default
Ahmad Hamad Algosaibi & Brothers Co will oppose the move because assets are meant to be frozen by a royal decree to ensure all creditors are treated fairly
09/12/2018
BBK signs financing deal with Eagle Hills
Eagle Hills Diyar, the developer of Marassi Al Bahrain, is a joint venture between Eagle Hills, an Abu Dhabi-based private real estate investment company, and Diyar Al Muharraq.