06/06/2013
Saudi Prince sues Forbes for underestimating his wealth by $9 billion on its ‘rich list’
Prince Alwaleed bin Talal is a very rich man he’s worth $20 billion,
Legal, Tax, Regulation & Compliance
05/28/2013
Addleshaws launches Qatar office with duo of hires
This is the third launch in the Arabian Gulf for Addleshaw Goddard who opened its first office in the region in Dubai in September 2012
05/27/2013
CBO Publishes Its First Report on Financial Stability
The financial stability report issued by the CBO is expected to be a good reference for the local and international organizations including the credit rating agencies
05/19/2013
Bell Capital GC quits for Qatar Investment Authority
Bell Capital general counsel Tom Bartos has left the role for an M&A position at the Qatar Investment Authority (QIA), the state-owned investment arm of the Gulf state.
05/15/2013
Edwards Wildman teams up with M&A boutique for Turkey launch
Istanbul has become a hub for sophisticated M&A and private equity activity
05/01/2013
Barclays back in the spotlight over £30m payout in 2008 rescue deal
The latest revelations were provided by Euromoney, which reported this week on leaked correspondence from the Abu Dhabi end of the rescue deal.
04/29/2013
China's second largest law firm opens Israel office
He will remain managing partner of the base, working alongside local partners
04/28/2013
UAE regulator pledges consultation after easing fund rule
The United Arab Emirates' securities regulator will review its funds regime regularly in consultation with investors and fund sponsors, the body said after relaxing rules to make it easier for foreign fund managers to sell to institutions.
04/20/2013
Squire Sanders hires female lawyer as banking regulatory specialist
Dr. Nadia Al-Anani as Senior Associate in its Riyadh office
04/17/2013
Regulations and expectations stymie funds in Middle Eas
Many fund managers are still struggling with small pools of assets, sluggish inflows of fresh money and high operating costs
04/17/2013
Bakers seals merger with top UAE law firm Habib Al Mulla
The merged firm, which will be known as Baker & McKenzie Habib Al Mulla in the UAE
04/09/2013
Dubai’s Mashreq sues ING over $43m investment loss
In its claim Mashreq said these revisions were “nothing more than trickery”
04/08/2013
Egypt scraps tax on dividends, investment gains
The country's main stock market index is down 6.5 percent this year.
04/04/2013
Holland & Knight hires ex-DLA Islamic finance head
He will join Holland & Knight with a team of four associate attorneys.
04/04/2013
UAB Chief: Gulf States will tax eventually
The Union of Arab Banks was setup in 1974 to foster cooperation between Islamic banks and support those in the region.
04/04/2013
80pc of Arab banks ‘ready for new rules’
Eighty per cent of Arab banks are in a position to meet new international regulations
04/02/2013
UAE looks at bank procedures to comply with new US tax act
The UAE government is considering signing an agreement with the US government for compliance with the US Foreign Accounts Tax Compliance Act (FATCA)
04/01/2013
Reserves rule 'will hit smaller banks'
"Tighter rules might be acceptable to large Western banks but in the developing world they will not work for the common good.
03/31/2013
DIFC bares new code for legal practices
The new code is based on established professional conduct rules drawn from different jurisdictions
03/25/2013
SNR Denton makes all-female partner round with four EMEA promotions
This year's promotions come after the firm's EMEA arm made up three lawyers last year, with all of which were based in the UK, including two in London and one in Milton Keynes.