All Articles

Executive Moves

Pinsent Masons appoints new leader for Banking and Finance practice in Middle East

July 15, 2020

Pinsent Masons, the multinational law firm, has appointed Matthew Escritt, banking and finance partner, to lead the firm’s Banking and…

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Comment & Analysis

Strategy&: Green hydrogen a major opportunity for GCC market

July 15, 2020

The GCC is ideally positioned to capitalise on a rapidly expanding green hydrogen export market worldwide, which is expected to…

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Comment & Analysis

Kuwait scraps $1.4bln solar project over Covid-19 crisis

July 15, 2020

Kuwait has cancelled plans to construct the Al Dabdaba solar plant, which would have provided 15 per cent of the…

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Comment & Analysis

Saudi Aramco reorganizing downstream business to support growth

July 15, 2020

Saudi Aramco on Tuesday announced the reorganization of its downstream business to support and enhance integration across the hydrocarbon value…

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Regulation, Risk & Compliance

Turkey's financial regulatory agency fines 7 brokerage houses for violating short selling ban

July 15, 2020

Turkey's financial regulatory agency has imposed a fine of TL 16.7 million ($2.4 million) on seven brokerage houses and 18…

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Legal

Saudi's new corporate law will see creation of more flexible companies: Official

July 15, 2020

Abdul Majeed Al-Abdul Wahab, director-general of the companies’ laws and policies at the Ministry of Commerce, said that the new…

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Fraud & Ethics

Saudi company sues Natwest over ‘$5m scam’

July 15, 2020

A Saudi engineering business that claims it was tricked into sending $5 million to a Natwest bank account at a…

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Regulation, Risk & Compliance

Wealth planning in the UAE: trust or foundation?

July 14, 2020

Foundations are established in the UAE to provide families with a local solution to managing their wealth, protecting their assets…

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Legal

Strategic pension reforms rethink by Bahraini lawmakers

July 14, 2020

Six new urgent reforms that require legislators’ consent have been presented by the government in a bid to prolong the…

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Coronavirus

Trust funds for all

July 14, 2020

It is far from certain whether the post-pandemic recovery will be a lasting one that results in more sustainable and…

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Comment & Analysis

Crédit Agricole proud of about 50-year operation in Egypt: Country Managing Director

July 14, 2020

Crédit Agricole considers Egypt an important market with excellent potential and tremendous investment opportunities across several sectors, says Crédit Agricole…

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Financial Results

Masraf Al Rayan half-yearly net profit surges to QR1.08bn

July 14, 2020

Masraf Al Rayan posted a net profit of QR1.08bn for the six months that ended in June, up 0.5% compared…

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