07/13/2014
Takaful is experiencing rapid growth in the GCC and some regulators have recently responded by proposing a host of new takaful-specific regulations that are expected to boost the market access of these companies.
07/12/2014
The stock market regulator yesterday approved new rules that will shake up the UAE’s brokerage sector, opening the industry up to greater international competition and tightening oversight on lending to clients.
07/10/2014
Legal experts caution debt-ridden expats against taking the easy way out as the long arm of the law can catch up sooner than later
07/08/2014
The economic regulators reviewed the performance of the stock markets in light of Arabtec’s share-price plunge, which had its negative impact on the overall market.
07/08/2014
Commercial Bank of Kuwait has received regulatory approval to issue up to 120 million dinars ($425.8 million) of bonds
07/07/2014
Bird & Bird forms cooperation agreement with leading Turkish technology law firm BTS & Partners
The move follows significant client demand for legal services in the region, particularly in the technology and media sectors, where BTS & Partners is an acknowledged market leader.
07/07/2014
This is a ground breaking milestone for Mashreq
07/03/2014
GFHC’s senior executive officer, said it also had no control over criminal proceedings, but backed the Dubai justice system, which under UAE law can keep somebody in custody without charge.
07/03/2014
Leading law firm Baker & McKenzie Habib Al Mulla has expanded its UAE presence with the opening of an office in the Dubai International Financial Centre on 1 July 2014
07/02/2014
He will hold this position in addition to his role as counsel.
07/01/2014
King & Spalding advised Kuveyt Turk Katilim Bankasi A.S. (Kuveyt Turk), one of the leading Turkish participation banks, on the issuance of $500 million senior unsecured certificates due 2019
07/01/2014
Latham & Watkins advised Banque Saudi Fransi , a leading lender in Saudi Arabia, in connection with its SAR2 billion Tier II sukuk issuance through a private placement in the Kingdom of Saudi Arabia.
06/30/2014
He also noted that the Al Roumi cousins, despite being based in Kuwait, both spoke good English and came regularly to England
06/29/2014
The EMTN Programme was arranged by the National Bank of Abu Dhabi and Standard Chartered Bank, who also acted as Joint Lead Managers in relation to the Note issue.
06/29/2014
The central bank noted that the concentration in Israel's credit market would also lead to sharp increases in bond yields
06/27/2014
CBK Aims To Boost Banking Sector’s Reputation
06/26/2014
The panel reviewed the new eBanking services through new electronic systems in order to facilitate the financial transactions
06/26/2014
It is illegal for bank customers to pay any additional interest on their loans
06/25/2014
National Bonds Corporation, the leading Sharia-compliant savings and investments company in the UAE, has appointed new members to the Fatwa and Sharia Supervisory Board as part of its priority to ensure the effective compliance of its products, financial
06/24/2014
The management shake-down is a bid to simplify reporting lines devolve power to fewer key members of the firm.