International law firm in new ME Association
White & Case has announced it has entered into a new association in Saudi Arabia with Zeyad AlSalloum and Yazeed…
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British Court of Appeal freezes Al-Rajaan's bank accounts
The British Appeals bench of the Civil Court upheld the first instance court verdict freezing the accounts of former Public…
Getting a hang of the diversification game
The oil business has long served as the foundation for the GCC’s affluence and phenomenal development. It accounts for…
Rising from the ashes? The UAE's insolvency dilemma
In March 2012, Bahrain-headquartered Arcapita Bank became the first company in the Gulf to file for Chapter 11 bankruptcy proceedings…
NAJIB'S Arabian Nightmare Begins
After Malaysia’s attorney general cleared Prime Minister Najib Razak of corruption charges involving hundreds of millions of dollars that ended…
Barclays to hand Qatar deal papers to the SFO
Barclays has abandoned its protracted fight with the Serious Fraud Office over sensitive documents about its 2008 Middle East fundraising…
EFG Hermes launches its first Ucits funds
Both of the two new offerings, the EFG Hermes Frontier Equity Fund and the EFG Hermes MENA Equity Fund are…
KHCB reports 109.8% increase in net profits over 2014
Khaleeji Commercial Bank announced its financial results for the year ended 31 December 2015 recording net profit of BD 8…
Bonus reviews for UAE compliance sector
Many factors affected last year’s bonus payments including company performance, employees’ performance in relation to agreed targets, superiors’ notes and…
UAE shares record second consecutive weekly gain as oil strengthens
UAE shares rose for the second consecutive week as oil strengthened on the possibility of an emergency Opec meeting. …
Ziraat Bank Azerbaijan announces full management and shareholder staff
A subsidiary of Turkish Ziraat Bank in Azerbaijan - Ziraat Bank Azerbaijan has announced the full management and shareholder staff.…
SME confidence hits new low but maintains a cautiously optimistic outlook for 2016
Gulf Finance Corporation has announced the results of their Q4 2015 Gulf Finance SME Sentiment Survey. Q4 2015 Highlights:…