09/30/2015
International law firm expands Dubai office
He adds depth to our existing teams and expands our reach within the Middle East to important markets in the United Arab Emirates and Saudi Arabia
09/29/2015
Governing body says bank doesn’t exist in DIFC, Dubai or UAE
09/23/2015
Standard Chartered faces new scrutiny over Iran business ties
That investigation identified transactions involving Iran that could make the bank vulnerable again to more regulatory sanctions, severe penalties and even potentially suspension or loss of its crucial dollar clearing license.
09/23/2015
Global law firm hires IDR Partner in Middle East
He has also represented investors and states in investment treaty disputes.
09/22/2015
DIFC welcomes first Filipino bank
The UAE is home to an estimated 700,000 Filipino expatriates and BDO Unibank's objectives include supporting them, while facilitating investments and money flow to the Philippines.
09/22/2015
M/Advocates of Law releases annual HNWIs residency Comparison chart
Features of 23 jurisdictions where successful people may consider relocating for tax purpose.
09/22/2015
International law firm advises on US$100 million issuance by International Finance Corporation
Through its UAE offices, advised the Joint Lead Managers on the Issuance.
09/21/2015
The Gulf's largest lender has welcomed Saudi Arabia's approval to plans to open its first branch in the kingdom.
09/18/2015
The US-based daily reported Abu Dhabi officials are questioning a further US$993 million that 1MDB said it has paid IPIC, but which WSJ’s sources say are undocumented.
09/18/2015
Barclays banker in Qatar deal sues over pay
A senior Barclays investment banker, who sources say is one of four people being investigated by Britain’s financial watchdog over a 2008 fundraising involving Middle East investors, is suing the bank in a dispute about pay.
09/17/2015
Global Banking and Finance Review specializes in the area of banking and financial services, covering key developments around the world.
09/15/2015
Qatar is granting licences to GCC banks on the condition that they would introduce innovative and non-conventional products and services to help improve the local market.
09/14/2015
Once approval is granted, they are expected to meet the necessary requirements, complete the paperwork and begin their operations by early next year — sometime by the first quarter.
09/14/2015
Credit reporting systems in the Arab Region still have a significant opportunity for improvement
09/11/2015
Qatar already has a relatively large number of banks - around 18 - servicing a small population.
09/10/2015
Usually in the GCC, whose six members are Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates, banking licences are given to lenders on a reciprocal basis
09/10/2015
AHAB's submission today corroborates the findings of these prior investigations and it directly refutes the case filed by the TIBC Administrator.
09/10/2015
The Gulf emirate’s International Petroleum Investment Company is trying to get to the bottom of an apparent $1.4bn mismatch in its dealings with 1Malaysia Development Berhad.
09/06/2015
Israeli banks named in Australian tax evasion affair
Binetter has been indicted on charges of tax evasion
09/04/2015
DIFC aims to host 100 Indian firms as a part of long-term strategy
Dubai International Financial Centre concluded its week long engagement with leading business decision makers from India’s banks, insurers, law firms, asset and wealth management companies in the country’s commercial capital Mumbai today.