Managers of Wealth Middle East -Wealth, private banking and asset management news and opinion

White & Case secures Dubai licence in Middle East expansion

White & Case has been granted a licence to practise law in Dubai in an extension of its Abu Dhabi offering.

UAE Banks Federation to develop Code of Conduct

The code aims to create highest quality standards

The largest ME law firm promotes six to partners

These appointments follow what has been an excellent six months for Al Tamimi & Company

$102M U.S. settlement clears Lebanese-Canadian Bank

The now-defunct Beirut-based bank will forfeit the funds to the U.S. under an agreement approved

White & Case gets licence to launch in Dubai

White & Case is set to become the latest firm to open in Dubai after obtaining a licence to practise in the emirate.

Global ETF regulation proposed

The International Organisation of Securities Commission (IOSCO) has issued a report outlining how it wants exchange traded investment vehicles regulated globally.

UAE- Bank payment obligation rules in region launched

he Dubai Chamber of Commerce and Industry held the regional launch of the ICC Uniform Rules for Bank Payment Obligation

Libor scandal: regulators launch global review

Mark Carney, chairman of the Financial Stability Board and incoming Governor of the Bank of England

Kuwait sheikh sues UBS for $21.4 mln in Dubai court

A Kuwaiti sheikh is suing UBS AG for $21.4 million

The UAE Central Bank has launched on an investigation against AMAL EXPRESS

Sources has revealed to that a team of UAE Central Bank investigators has visited the headquarters of AMAL EXPRESS in Dubai

QCB move draws flak from investors

Qatar Central Bank’s (QCB) decision to tighten cap on local banks’ investment in stocks and bonds, has drawn flak from a section of investors and market analysts.

DLA Piper teams up with DIFC and the US-UAE Business Council

"Conducting international business responsibly by complying with appropriate laws and regulations is vital to maintaining the critically important economic and trade relationship between the U.S. and the U.A.E."

Central Bank mortgage caps would hit Dubai

Mortgage caps planned by the Central Bank risk eroding Dubai's GDP by up to almost 3 per cent and hindering the recovery in the property market

Shearman eyes Saudi opening as firm mulls opportunities to expand in region

US firm considers Qatar, Dubai and Egypt launches in push to extend beyond Abu Dhabi

Qatar tightens caps on banks’ securities investment

Qatar’s central bank has tightened its curbs on how much banks can invest in stocks and bonds, according to a circular released by the central bank and seen by Reuters.

Baker Botts in talks to take sizeable Norton Rose Fulbright team in Dubai

Baker Botts is in talks to take on a large chunk of Norton Rose Fulbright’s Dubai operations

German seeks damages for bank accounts freeze

The court also stopped a probe by the Banking Fraud Investigations Unit (BFIU).

Chadbourne Announces New Leadership Appointments in EMEA Region

The newly-created role of EMEA Liaison Partner is designed to promote greater communication and foster improved coordination among the firm's international offices outside of the Americas and to accommodate the growing needs of the firm's client

Shearman focuses on Egypt as arbitration in the region grows

International arbitration head Emmanuel Gaillard is interviewing at associate level and is thought to be after at least two more Arabic speakers to service cases in the Gulf Region.

Norton Rose Fulbright fights to avoid Dubai crisis as mass Fulbright exit beckons

The legacy firms’ Dubai practices were originally set to merge fully into the same profit pool, with Norton Rose’s London management considering different options ahead of the combination including offloading the UK firm’s office in the

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