06/16/2015
The Saudi Arabian Monetary Agency, the Kingdom’s central bank, has warned commercial banks to improve their systems and customers to be wary, after a gang was found stealing money from ATMs in Riyadh using sophisticated card readers and cameras.
06/16/2015
The long anticipated UAE Federal Commercial Companies Law no. 2 of 2015 (the “New Companies Law”) was issued on 25 March 2015 and will be in force by 1 July 2015
06/15/2015
This is the first phase in a series of activities as ADGM looks to ramp up its efforts in preparation for launch in the second half of this year.
06/15/2015
The Qatar Finance and Business Academy has launched the Kafa’a initiative to elevate and advance Qatar’s financial services sector.
06/15/2015
A Saudi billionaire is facing what could be one of the UK’s most expensive divorce claims.
06/14/2015
An application lodged by David Haigh to have two senior executives of Dubai's GFH Capital arrested has been dismissed by a UK court.
06/14/2015
Clifford Chance is advising Citi on the sale of its consumer banking business in Egypt.
06/11/2015
Abu Dhabi's ruler has issued a decree to regulate and improve transparency in the emirate's real estate sector, requiring brokers and developers to be licensed and introducing rules to protect buyers of projects that are not yet completed.
06/10/2015
On Wednesday, November 17, 2010 Doha's Khalifa International stadium was the scene of a prestigious friendly between South American titans Brazil and Argentina.
06/09/2015
Russia and Qatar could lose the right to host the 2018 and 2022 FIFA World Cups if evidence is found of corruption in the bidding process, a FIFA official was quoted as saying on Sunday.
06/09/2015
International bodies such as the International Monetary Fund have recommended independence for the central bank.
06/09/2015
Lebanon's central bank governor said he hoped the country would be able to issue more dollar-denominated debt this year and that the government should not rely on the central bank's foreign reserves to repay debt.
06/08/2015
The governor of the Central Bank says the Government is working to allow the lender of last resort to control monetary policy independent of the state.
06/07/2015
ASAR - Al Ruwayeh & Partners highlights important issues relating to arbitration and PPP projects in Kuwait
Kuwait's leading tier one law firm hosts the Kuwait Chapter of the Association of Corporate Counsel Middle East
06/07/2015
The fiduciary score has been assessed in the range of '66-70', reflecting adequate fiduciary standards wherein rights of various stakeholders are adequately protected.
06/05/2015
The Abu Dhabi Police has added the Lykan Hypersport supercar to its fleet as part of its efforts to reach out to residents, especially the youth, on traffic safety.
06/05/2015
The 750-lawyer, UK-based firm is setting up a consultancy which will focus on spend analysis and six other areas - including legal process analysis and legal risk management
06/04/2015
Investors sent stocks 3% lower at the opening of the Doha market today
06/04/2015
Regulatory obstacles and uncertainty about the size of fund inflows are deterring foreign firms from undertaking any quick build-up in their staffing and office space in Riyadh.
06/03/2015
The Saudi company proposed to pay at least 28 cents on the dollar, chief restructuring officer Simon Charlton told reporters Tuesday after a creditor meeting in Dubai, an improvement on an offer made in May 2014.