10/02/2015
Channel Islands – wealth management destination of choice for MENA entrepreneurs
An increasing number of Channel Islands businesses are securing CI structuring opportunities from the MENA region.
Legal, Tax, Regulation & Compliance
10/01/2015
Latham & Watkins Advises ADIB on its Successful Rights Issue
The Latham & Watkins team was led by Dubai based corporate partner Nomaan Raja
09/30/2015
Simmons & Simmons hires new Corporate Partner in the Middle East
He has experience in private equity funds, working with investment managers, sovereign wealth funds, corporates, financial institutions and state-owned enterprises.
09/30/2015
Qatar’s D-SIBS banks to maintain more capital
Systemically important’ banks are those banks identified by regulators, whose failure might trigger a credit crisis.
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
DFSA warns of false investment bank named after an individual
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
Qatar's QNB hails Saudi decision to grant banking licence
The Gulf's largest lender has welcomed Saudi Arabia's approval to plans to open its first branch in the kingdom.
09/18/2015
1MDB mystery deepens as Abu Dhabi questions another missing US$993m to IPIC
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
GIB wins Fastest Growing Asset Management Bank award
Global Banking and Finance Review specializes in the area of banking and financial services, covering key developments around the world.
09/15/2015
Gulf banks said to apply for Qatar licence
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
10 Gulf banks apply for Qatar licence
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
Arab Monetary Fund and World Bank Group Publication Supports Financial Inclusion and Access to Finance Across the Arab Region
Credit reporting systems in the Arab Region still have a significant opportunity for improvement
09/11/2015
Qatar's regulator to grant licences to GCC banks
Qatar already has a relatively large number of banks - around 18 - servicing a small population.
09/10/2015
Qatar's regulator to grant licences to GCC banks
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