12/06/2017
Crown Prince Wreaks Havoc
Prince Mohammed bin Salman put 11 princes and nearly 200 high-ranking officials, under arrest for corruption.
Legal, Tax, Regulation & Compliance
12/05/2017
Saudi Arabia, Allies Snub Qatar At Crisis-Hit Gulf Summit
The future of the six-nation GCC -- formed 36 years ago to bring together energy-rich Sunni Arab Gulf states -- appeared to be hanging in the balance
12/05/2017
Egypt repays $4bln of debt to African Export-Import Bank
Egypt's foreign reserves were $36.723 billion at the end of November
12/05/2017
Clifford Chance advises consortium of banks on $457 million Reem Mall financing
The total debt financing of $457 million makes it the largest real estate asset backed facility in the UAE in 2017.
12/05/2017
Frayed Nerves Over Saudi Millions
Banks in Switzerland have also spent decades wooing wealthy Saudi Arabian clients, and ties are deep
12/04/2017
Saudi Stock Exchange Signs Post-Trade Technology Transformation Agreement With Nasdaq
Nasdaq To Deliver New Cash And Derivatives Clearing, Central Securities Depository and Post-Trade Risk Management Technologies
12/04/2017
Support Legal Appoints Lawyers As SME Demand For Fixed Legal Costs Surpasses Expectations
Support Legal Has Strengthened Its Merger And Acquisition (M&A) And Knowledge Management Capabilities With The Appointment Of Two New Principals
12/04/2017
Swiss review Saudi bank account information, no action so far
Separately, the Federal Office for Justice said Saudi Arabia had not asked it for legal assistance in investigating 19 leading figures linked to the corruption allegations.
12/04/2017
Fixed Income Funds Hold Key To Debt Market Growth
The Survey Of Funds Indicates That Bank Deposits Still Make Up
12/04/2017
CBB Issues Wholesale Banking License To Branch
The Bahrain Wholesale Branch Is Expected To Contribute In Strengthening Its Relationship With The Gulf Region
12/03/2017
Bahrain’s economy continued to outperform expectations in 2017
This according to CBB is reflected in the 4.7pc growth achieved by the non-oil sector in the first half of 2017, compared to the 4.0pc growth in 2016.
12/02/2017
Nuts for a deal: Bayara lines up promotions to help deal with VAT shock
The dried fruit and nuts seller expects to absorb the cost of tax until at least June
12/02/2017
Meet the Irish woman helping ex-pats who find themselves in legal difficulty in the UAE
With clients all over the world, their roles involve a lot of travel as people who have left the UAE are pursued for payments.
12/01/2017
Mideast funds positive on Saudi Arabia after corruption crackdown
The crackdown alarmed the stock market because of its potential to damage the economy and undermine companies linked to suspects.
11/30/2017
Qatar banks post more than 17% jump in deposit mobilisation to QR794.28bn
Deposits from the government soared about 62% year-on-year to QR92.85bn
11/30/2017
Australia extends fintech focus with cooperation agreements and a fintech bridge
The information sharing cooperation agreement with the CSRC strengthens the Australia-China trade and investment relationship
11/30/2017
Gold dealer implicates Turkey’s president in corruption scheme
Zarrab implicated Erdogan in the scheme during his second day on the witness stand at the trial of his accused co-conspirator, Mehmet Hakan Atilla
11/30/2017
Libya's eastern central bank may order more cash from Russia: governor
On the black market, the value of the dinar has slid more than 600 percent since 2014.
11/29/2017
Turkey, Iran Sign Trade Deal With Qatar
Turkey's President Recep Tayyip Erdogan, Left, And Iran's President Hassan Rouhani Greet Each Other Before A Meeting With Russia's President
11/29/2017
Blockade Had Only Minimal Impact On Qatar: QIA Chief
Qatar Has Been Successfully Able To Deal With The Blockade With Minimal Impact