06/20/2012
UBS has confirmed that Sheikh Meshal was invited to apply for a non-executive post at the bank. However, the bank has also claimed that it already had a strong relationship with Zain, having advised on many of its previous deals.
06/19/2012
Leading UAE law firm Hadef & Partners is pleased to announce today that renowned Middle East Banking & Finance expert Caroline O'Hare is joining Hadef & Partners as Head of Financial Services & Regulatory.
06/18/2012
Dewey's Riyadh team resurfaces at Patton Boggs
Former Dewey Riyadh partner Khalid Al-Thebity has joined Patton Boggs as managing partner of the affiliate office, with the Washington DC-based firm also taking on Dewey Riyadh associates Jihad Turkistani, Stefan Guttensohn, Siraj Al Islam and Judeh Bahna
06/15/2012
Al-Refai has thus far failed to attend any of the court hearings in relation to the money laundering case, it said.
06/15/2012
As a result, a Dubai International Financial Centre (DIFC) court will next week (18 June) issue a winding-up order for Dewey’s operations in the United Arab Emirates.
06/13/2012
Leading Omani commercial law firm has appointed a new partner to head up its Corporate/Commercial Law department.
06/12/2012
This new legislation amended the powers granted to the Dubai Authority Financial Services under the Regulatory Law of the DIFC.
06/12/2012
Leading International Financial Centre law firm Expands With New Partners
Eleven attorneys promoted to partner across international network
06/08/2012
The biggest fraud in the 32-year history of the Islamic Republic revolves around forged documents allegedly used by the directors of the Amir Mansour Aria Investment Company to secure loans totalling $2.6 billion to buy state-owned companies under the gov
06/06/2012
The deal was inked by India's Minister of State for Finance (Expenditure and Financial Affairs) Shri Namo Narain Meena and Bahrain's Minister for Transportation H.E. Kamal Ahmad.
06/01/2012
BIBF director Garry Muriwai welcomed delegates, stressing the importance of continuing learning and development in the finance industry.
05/31/2012
Gamal and Alaa Mubarak, as well as the two chief executive officers and a former CEO of the Cairo-based investment bank EFG-Hermes, are being charged with corrupt stock exchange dealings worth more than $400m in connection with the 2007 sale of Al-Watany
05/30/2012
The firm also advised the Bank on the establishment of its $2bn Euro Medium Term Note Programme and debut $650m issue under the Programme in 2010.
05/30/2012
The GMTN Programme was arranged by Barclays Bank PLC, Emirates NBD Bank PJSC and Standard Chartered Bank.
05/24/2012
Basel’s strength as a rule-making body has been its success in reaching agreement on implementation of these rules, especially capital framework and risk management, through joint voluntary measures, and also serving as a platform for cooperation an
05/24/2012
Oman's Ministry of Commerce and Industry has halted the merger of HSBC Oman and Oman International Bank (OIB) following an objection raised by an India-based businessman.
05/23/2012
The FSA, which will be based in Abu Dhabi, will regulate the investment banks, insurers and other financial institutions and will have oversight of conduct of business, consumer protection and “the daily business of running the financial system&
05/22/2012
According to him, Kuwait and Saudi Arabia have a larger, active retail market, and so it was not surprising that they have the most robust regulatory framework in that respect. UAE
05/18/2012
The bank lodged an appeal against the US court order on Thursday, Japan time, he said.
05/16/2012
Economic downturn brought many cases and complaints about bounced cheques.