03/17/2014
The Joint-Lead Managers were CIMB Bank Limited, Commerzbank Aktiengesellschaft, First Gulf Bank PJSC, HSBC Bank plc, National Bank of Abu Dhabi P.J.S.C, Natixis, RHB Investment Bank Berhad and Standard Chartered Bank.
03/14/2014
Turkish government denies claims of financial bodies’ merger
The Turkish government has no plans to merge the banking and capital markets watchdogs under a single roof that would consolidate state control over the financial sector,
03/13/2014
Gulf bankers meet to boost cooperation
Arab central bank governors of the energy-rich Gulf met yesterday in Kuwait to discuss combating terror funding and boosting cooperation.
03/13/2014
A diplomatic rift between Qatar and three other Gulf Arab countries had no effect on a meeting of Gulf central bank governors today
03/11/2014
The general manager of the Bank of Khartoum Fadi Salim Al- Faqih said that the bank’s dealings with its counterparts in Saudi Arabia are continuing as normal especially with the National Commercial Bank
03/10/2014
Law and tax expert opens new office in Oman
They are strategically important areas for our clients
03/07/2014
Sultan Al Suwaidi says small businesses are at risk under new global financial regulations
03/06/2014
The Central Bank governor yesterday warned that Basel III banking rules could curb the growth of small and medium-sized business worldwide.
03/06/2014
The UAE Central Bank issued directives in October 2013 stopping homebuyers from using personal loans or credit cards to meet their down payment requirements.
03/05/2014
Egypt's financial regulator, as part of a broader effort to invigorate the country's financial markets, has lifted a ban on brokerage firms and fund managers trading shares listed overseas.
03/03/2014
GCC and Levant banks warned against complacency on capital requirements ahead of Basel III
GCC and Levant banks could face massive capital shortfalls because of tighter capital requirements if they do not manage their books more astutely.
03/03/2014
Kuwait fines Ahli Bank chairman $5.3 mln over insider trade
Al Ahli did not give details of the allegations against Behbehani
03/03/2014
A Kuwaiti court has fined the chairman of Al Ahli Bank, the country's eighth largest bank by market capitalisation, 1.5 million dinars over alleged insider trading in the bank's shares.
03/03/2014
The Sudanese government has downplayed a decision by banks in Saudi Arabia to stop any dealings with their counterparts in Sudan saying it is not politically motivated.
02/28/2014
Global law firm expands corporate offering in UAE
He will be based out of the firm's Abu Dhabi office and joins to expand its corporate and transactional capability in the Gulf and greater Middle East.
02/26/2014
The firm received a record fifteen awards which beats the previous record of twelve awards that the firm received in 2012.
02/25/2014
Global law firm makes two senior appointments in the Middle East
I am proud to announce their appointments and I look forward to continuing working alongside them as Eversheds carves out an even stronger presence across the Middle East."
02/25/2014
The UK’s Crown Prosecution Service is to base two specialist prosecutors in Spain and the United Arab Emirates to recover the assets of British criminals.
02/18/2014
Iranian bank sues UK government for $4 billion over sanctions
Iran's largest private bank is suing the British government for almost $4 billion in damages after the Supreme Court quashed sanctions imposed against it over alleged links to Tehran's nuclear program.
02/10/2014
Deutsche Bank ordered to hand over client info to Dubai regulator
A Dubai court has ordered the local unit of Deutsche Bank to hand over documents relating to its wealth management clients after the German lender was successfully sued by the regulator of the emirate’s financial free zone.