Legal, Tax, Regulation & Compliance

04/04/2016

ADIB releases outlook on regional and global investment climate

Abu Dhabi Islamic Bank has presented its outlook on the regional and global investment climate to its top private banking clients at a number of events in Abu Dhabi, Dubai and Al Ain, held by invitation only. Senior ADIB executives from ADIB’s Priva

03/31/2016

GCC has enough levers to pull to avoid crisis

The GCC’s governments have enough levers to pull to avoid an economic crisis despite the plunge in oil prices, which has resulted in lower government revenues and a strain on federal budgets.

03/28/2016

$22 billion pumped to clear goods piled at ports

Governor Tarek Amer said on Saturday that devaluing the Egyptian pound had attracted foreign investment worth $500 million in treasury bills and that he had pumped $22 billion into the banking system to clear goods piled at ports.

03/28/2016

Central Bank of Oman to host workshop on Islamic finance

The workshop is organised as part of capacity building initiatives to improve the skills and the capabilities of the staff of Islamic banks and windows operating in the Sultanate and the supervisory departments of the CBO, according to a CBO release.

03/27/2016

Dentons leads FIDIC discussion at The Big 5 Saudi Arabia

Adopting a localised version of the FIDIC contracts will encourage parties to review and negotiate the terms. It should provide contractors with more comfort regarding their contractual rights and their risk profile." However Jones also noted that sp

03/24/2016

Wafic Saïd sues Barclays over cutting ties

He is seeking an order under the Data Protection Act to force the bank to turn over any information it has that it relied on in its decision to sever its relationship with the 76-year-old Monaco resident and Conservative party donor.