Legal, Tax, Regulation & Compliance

11/20/2014

Qatar moves to increase business regulation

Qatar has approved draft legislation that increases the regulatory burden on small businesses, weeks after the Gulf state fell 11 places in a World Bank ranking of the best places to start a company.

11/14/2014

Qatar, Russia cleared of World Cup corruption

The 2018 and 2022 FIFA World Cups will go ahead in Russia and Qatar as planned after the ethics committee of football's governing body said it could find no grounds for reopening the controversial bidding processes.

11/12/2014

Islamic finance body picks up pace with new standards

The Bahrain-based Accounting and Auditing Organisation for Islamic Financial Institutions has issued two new shariah standards, revised three others and said it will review at least five more in coming months.

11/12/2014

Latham & Watkins advises on the Middle East’s largest ever IPO

The Law Office of Salman M. Al-Sudairi in association with Latham & Watkins LLP advised The National Commercial Bank (NCB) on the $6 billion (SAR 22.5 billion) initial public offering (IPO) of 25 percent of its shares at an offer price of SAR 45 per N

11/07/2014

Israel probes ‘millions of euros’ hidden in Switzerland

“Large Swiss banks are managing accounts belonging to thousands of Israelis holding millions of euros,” the authority said in an emailed statement Wednesday. “The suspicion is that most of the money in the accounts hasn’t been repo

11/05/2014

Improving Kuwait's business environment in the making

Permanent Committee for Streamlining Business Environment made major steps towards improving business media in the country, Kuwait Foreign Investment Bureau Director General Sheikh Dr. Mishaal Jaber Al-Ahmad Al-Sabah said Monday.