09/15/2013
Barclays Braced For Fine Over Qatar Deals
Barclays is seeking to raise almost £8bn from investors through a combination of new shares and bonds
09/15/2013
Barclays is seeking to raise almost £8bn from investors through a combination of new shares and bonds
09/15/2013
The Memorandum of Understanding was signed by the Governor of Central Bank of Bahrain
09/10/2013
Saudi tycoon Mohamed bin Issa al Jaber has filed a petition in a New York court.
09/10/2013
According to the DFSA, UIB did not maintain adequate systems and controls and had corporate governance deficiencies which prevented it from acting the best interests of the company.
09/08/2013
Habas Investments is collapsing and the company's CEO Hertzel Habas notified the Tel Aviv Stock Exchange this morning that that the closing date of September 6 for completing the Duet deal has passed with no deal done.
09/04/2013
Amwal Invest is suing international accounting firm Ernst & Young (E&Y) over allegations it covered up financial irregularities by a former administration.
09/04/2013
The employee allegedly took money from a number of people after promising he would invest their money in buying and selling cars and real estate units and pay them interest at a rate of 10 percent.
09/03/2013
It was the latest move by New York banking Superintendent Benjamin Lawsky to clamp down on questionable practices by foreign banks in New York.
09/03/2013
Saudi Hollandi Bank, the first operating bank in the Kingdom of Saudi Arabia, was founded in 1926 under the name ‘The Netherlands Trading Society’
09/01/2013
The clauses involve protecting clients from illegal practices during banking transactions and services.
08/28/2013
International cooperation and supervision of cross border transactions are among the indispensible elements of today's financial markets.
08/27/2013
Jordan-headquartered Arab Bank has announced that a New York federal court has dismissed over 90 percent of the claims in a long-running lawsuit
08/26/2013
Baker & McKenzie’s newly-expanded United Arab Emirates offering is eyeing up expansion into the Dubai International Financial Centre
08/26/2013
Jordan’s largest lender, the Arab Bank, announced this week that a New York federal court dismissed more than 90 percent of the claims in a long-running lawsuit
08/26/2013
The case highlighted the complexity of doing business in the Gulf
08/24/2013
The summit will feature a series of panel discussions, debates and Q&A sessions covering topical issues facing the financial services industry
08/24/2013
The DFSA negotiated the agreements with the European Securities and Markets Authority
08/14/2013
The office, located in the business district of Westbay, will be led by Middle East real estate and construction head Simon Green, who is relocating to Qatar full-time after joining the firm's Bahrain base from Norton Rose in 2011.
08/14/2013
Qatar's central bank has sent a draft circular on new Basel III capital rules to conventional and Islamic banks that includes requirements for issuance of instruments such as hybrid bonds
08/11/2013
Construction and energy specialist Fenwick Elliot will launch an office in Dubai early next year, after announcing dramatic increases in profit and revenue.