11/06/2013
Simmons & Simmons Hires New Dispute Resolution Partner in the Middle East
David, who was previously head of dispute resolution and construction in the Middle East for Dentons, joins the firm on 17 November 2013.
Legal, Tax, Regulation & Compliance
11/06/2013
Norton Rose Fulbright boosts Middle East Islamic finance practice
Global legal practice Norton Rose Fulbright has appointed a new banking of counsel Robin Balmer to its Middle East Islamic finance practice.
11/04/2013
International law firm Names New Dubai Head of Banking
Habib will spearhead Taylor Wessing Dubai’s finance practice, offering both conventional and Islamic finance expertise.
11/04/2013
UPDATE 1-UAE to impose watered-down exposure rules on banks
The central bank of the United Arab Emirates has eased planned curbs on commercial banks' exposure to state-linked debt, giving them five years to comply after the banks complained that the rules could hurt their business.
11/04/2013
UAE waters down bank exposure rules
The central bank of the UAE has eased planned curbs on commercial banks' exposure to state-linked debt, giving them five years to comply after the banks complained that the rules could hurt their business.
11/03/2013
Banks in UAE likely to get 5 years to conform to Central Bank’s new large-exposure rules
Banks in the UAE will likely be given about five years to conform to new large-exposure rules which the central bank is going to impose
11/03/2013
Addleshaw Goddard strengthens core GCC capability with Dubai-based Corporate partner
He joins the firm from Clyde & Co's Middle East Group
10/29/2013
Regulator Stifles Risky Lending That Fueled Dubai Bubble
Foreigners can borrow 75 percent of the value of a first home priced at 5 million dirhams ($1.36 million) or less and U.A.E. nationals can get 80 percent
10/27/2013
Conyers Dill & Pearman hosts Offshore Law Forum in Dubai
Our panel of experts will use this opportunity to discuss these changes and share their knowledge and experience with our clients and contacts here in Dubai.
10/27/2013
SJ Berwin eyes Riyadh launch post King & Wood Mallesons merger
The office is expected to be established at the beginning of 2014 and will be branded as King & Wood Mallesons SJ Berwin.
10/23/2013
Bahrain cbank to issue Basel draft rules
The Central Bank of Bahrain will be issuing the first draft of rules on Basel III standards by early next month
10/21/2013
Taylor Wessing appoints new Middle East managing partner
His practice focuses on contentious and non-contentious construction and engineering law, arbitration and insurance law in the Middle East, UK and Hong Kong.
10/20/2013
U.S. high court asks Obama administration's view on bank secrecy
The U.S. Supreme Court on Monday asked the Obama administration to weigh in on a case that raises whether bank secrecy laws protect Arab Bank Plc from turning over documents in lawsuits in U.S. courts.
10/16/2013
Former Bank Hapoalim chairman pleads guilty to fraud
Former Bank Hapoalim chairman Danny Dankner struck a plea bargain with prosecutors on Thursday
10/12/2013
Jobs for lawyers in the UAE on the rise, but not salaries
The UAE’s return to economic growth has led to an increase in legal hiring for both in-house and private practices
10/10/2013
Most Highly Regarded Firms: Information Technology 2013
The firm’s depth of expertise is evidenced with listings spanning the breadth of its international offices.
10/09/2013
Middle East banks face tougher compliance rules as sanctions bite
It is not just international banks that face tighter regulation across the board – local firms, too
10/09/2013
Bank Alhair wins a further ruling against former CEO
Majed Al Refai faces 18 years in prison, huge fines and repayment of millions as cases to date are ruled in favour of Bank AlKhair
10/08/2013
Morgan Lewis advises FWU on Inaugural Sukuk on life insurance contracts
This represents the first time an Islamic bond structure has been deployed on a block of life insurance policy contracts.
10/07/2013
Saudi Arabia grants first woman full lawyer practice rights
Criminal law and domestic violence specialist Bayan Al Zahran was given the nod by the country’s ministry of justice on Sunday.