12/05/2012
Barclays did not name specific countries in its October disclosure, but in November, responding to a newspaper report, the bank said it did not make any illegal payment to get a Saudi license.
12/05/2012
The New York regulator had accused the bank of leaving the United States “vulnerable to terrorists
12/02/2012
The UAE is accelerating tax treaties with trading partners as global jurisdictions fight to win a greater share of taxable income from foreign investors.
11/26/2012
The Kuwaiti investment company and asset manager, undergoing its second debt restructuring in three years, may be able to implement the plan as soon as next week if it wins the approval of a High Court of Justice in London scheduled for December 3.
11/25/2012
The minister insisted that the government would have to make sure that the tax could be adapted to Moroccan society.
11/25/2012
The Norton Rose team was led by partner Matthew Escritt with support from senior associate, Ahmet Kalafat.
11/22/2012
At year end 2012, BDO provides services in 138 countries and there has been a significant rise in the number of partners and staff working in BDO
11/21/2012
Law firm Linklaters LLP, which represents the so-called co- ordinating committee of creditors, is drafting the accord and a final agreement may be reached as soon as mid-December
11/21/2012
Show me the money: Regulators looking for the Gulf's private money
Shadow banking is a catch-all term for an industry that encompasses hedge funds
11/21/2012
The United Arab Emirates, represented by Ministry of Finance, signed yesterday an agreement with Mexico to avoid double taxation on income at the Ministry’s headquarters in Abu Dhabi.
11/21/2012
There were no violations of prudential norms in their actions
11/20/2012
This is the fifth ruling to date issued against the former chief executive, the report stated.
11/19/2012
The branch manager has been accused of divulging secret banking information to Al-Mislem who allegedly put pressure on him.
11/19/2012
Model 2 essentially builds upon the foundation of Model 1 with some significant differences
11/18/2012
Jeddah Barclays did not make any "illegal payment" to win a banking licence in Saudi Arabia
11/18/2012
The firm has bolstered its Middle East offering with the appointment of two partners and one principal associate who have joined the firm's Doha office.
11/15/2012
Allen & Overy to offer Turkish advice following local tie-up
A&O is forced to expand through a tie-up because of Turkish bar rules, which prevent foreign firms from practising local law themselves.
11/13/2012
Ashurst strengthens presence in the Middle East with Saudi Arabia launch
The firm will focus on energy, transport and infrastructure matters
11/11/2012
Barclays is under investigation by US authorities into whether it made improper payments to secure a banking licence in Saudi Arabia, according to reports.
11/11/2012
This framework aims to add further protection and flexibility