03/04/2019
New legal practice launched
Two well-established UAE law practices have partnered to create a new law firm, offering independent legal solutions to businesses in Abu Dhabi and beyond
Legal, Tax, Regulation & Compliance
03/04/2019
Dubai regulator says Abraaj collapse may spur oversight changes
Dubai-based Abraaj was the largest buyout fund in the Middle East and North Africa until it collapsed last year
03/04/2019
EU set to remove Saudi Arabia from blacklist
Some governments opposed adopting the provisional list on Thursday, triggering a process that could lead to it being delayed or withdrawn, the diplomats said.
03/04/2019
40% UK Inheritance Tax: What Omani Investor must know
As the shares of the company were not located in the UK they were considered to be excluded property and not within the scope (unless the individual was deemed domiciled in the UK through years of UK residence).
03/04/2019
Egypt publishes framework of Sovereign Wealth Fund
The decree requires the SWF to ensure its investment policy is consistent with top notch environmental and social responsibility as well as governance practices.
03/04/2019
Report: Iran merges military-affiliated banks
Bank Sepah has 1800 branches in Iran and others in Britain, France, Germany and Italy.
02/28/2019
Israeli court backs taxman on yachts
The court's recent ruling settled one of the disputed points: when a private yacht is regarded as having been imported into Israel and the time framework in which owners of private yachts can be taxed.
02/28/2019
EP committee demands UAE help over 17 Black
Calls for golden visas to be abolished
02/28/2019
How to Register Offshore Company in United Arab Emirates
The UAE offshore zone stands out among other jurisdictions, because companies registered here will have a good reputation, but the tax climate and audit requirements are more like classic offshore zones.
02/28/2019
UAE's EDB sets final price guidance for debut dollar bond
The pricing for the issue was revised from earlier guidance of around 130 basis points over mid-swaps.
02/28/2019
Qatar, China, Japan sought 'extras' after Barclays 2008 fundraising: court
Former CEO John Varley and some of his most senior former colleagues - Roger Jenkins, Tom Kalaris and Richard Boath - are charged with conspiracy to commit fraud by false representation
02/28/2019
The UAE and Singapore: two countries with a lot in common
The two countries share a reputation for safety, luxury and also have the same electrical sockets
02/28/2019
Saudi market cross-listing regulations expected in second quarter
Many potential candidates for IPOs in the kingdom are also looking at dual listings
02/27/2019
Ex-Barclays sovereign wealth boss says she did not know about Qatar service deal
The men, the most senior bankers to face a jury trial over credit crisis-era conduct, deny wrongdoing.
02/27/2019
QIIB’s $500mn sukuk oversubscribed more than 6 times
The issue was priced at a spread of 175 basis points over the 5-year mid swaps carrying fixed coupon of 4.264% per year.
02/27/2019
Heavy cull predicted of ‘unprincipled advisers’ in the UAE
The move is triggered by draft financial regulations to curb mis-selling of investment products
02/27/2019
UAE in ‘urgent’ need of new retirement system, gov’t official
Human Resource department calls for new funds and savings plans to improve end of service system
02/27/2019
Dubai Financial Market Signs MoU With The Dubai Land Department To Streamline Connectivity Through Its Electronic Services Platform
Dubai Financial Market signed Memorandum of Understanding with the judicial arm of the Dubai Land Department, the Rental Disputes Center.
02/27/2019
Abu Dhabi Global Market And ASIC Sign Agreement To Enhance Collaboration
Such partnerships help us to offer our companies and entrepreneurs a robust, innovative and global ecosystem.
02/26/2019
‘Wealth manager’ on trial after collecting money ‘unlawfully’
Mr Al Aamer explained in a statement issued yesterday that the case was initiated when the Anti-corruption, Economic and Electronic Crimes Directorate in the Criminal Investigation Department, received a tip-off about the suspect’s activities.