04/24/2019
Dentons advises The National Bank of Ras Al-Khaimah on its five year $500million issuance
Dentons previously advised the bank on the recent update of its US$2 billion Guaranteed Medium Term Note Programme
Legal, Tax, Regulation & Compliance
04/24/2019
Cabinet approves KPC to borrow from various institutions to finance
The plan will also ensure the safety of expected cash flows and maintaining the strength of its financial position, as well as its ability to repay the principal and interest of the loan, it added.
04/24/2019
National Bonds Unveils New Identity of Its Sukuk Trading Platform
The bond-trading platform provides world-class innovative solutions and advanced technological connectivity to take on the requirements of Islamic banks and finance companies.
04/24/2019
Edamah signs an agreement with KFH-Bahrain to finance its Sa'ada Development
The official announcement and signing of the agreement took place during the Gulf Property Show 2019
04/23/2019
Jersey Finance Developments in the Middle East
There is also a notable increase in the connectivity between the UAE and East Africa, specifically Kenya.
04/23/2019
Bahrain set to host InsurByte conference in June
The conference will host keynote speeches, panel discussions, fireside chats, hands-on workshops, networking sessions, and case studies from prominent players in the InsurTech sector, as well as insurance professionals.
04/23/2019
UAE, Saudi Arabia provide $US3 billion in assistance to Sudan
The assistance bundle entails $500 million deposit into Sudan's central bank to strengthen the country's liquidity and monetary reserves.
04/23/2019
The benefits of opening an offshore company in the UAE for your business
Offshore companies in the UAE are able to ensure maximum confidentiality and security of financial assets.
04/23/2019
British University in Dubai, Dubai Blockchain Center, University of Nicosia supporting knowledge transfer in blockchain technology
British University in Dubai, Dubai Blockchain Center and University of Nicosia sign a Memorandum of Understanding
04/23/2019
DFSA takes action to protect the integrity of Islamic Finance
The DFSA decided not to take any action against the firm that employed Mr Barnett and Mr Steer.
04/18/2019
Turkey's last-resort lending facility tapped, funding costs rise
It was the first time the facility was used since the central bank normalised its policy operations in June last year, just before a punishing currency crisis set in.
04/18/2019
Central Bank of Oman issues bank resolution framework
The framework puts in place effective procedures to ensure that in the extreme event of any problems occurring at banks, the damage to the entire financial system is kept at the minimum.
04/18/2019
Consumer loss barometer highlights disconnect in the event of a data breach: KPMG
Latest KPMG report reveals mismatch between consumer expectations and security executive priorities
04/17/2019
Albayrak Says Turkey's First Recession in Decade May Be Over
He spoke after the government released statistics showing joblessness soaring, underscoring the economic challenges Turkey still faces.
04/17/2019
Dubai regulator in talks with US SEC over Abraaj arrests
Abraaj founder Arif Naqvi and a former executive were arrested in the US last week
04/17/2019
Dentons celebrates 50 years in the UAE
They discussed Dentons’ rich history and outlook, highlighting the firm’s growth here in the Emirates
04/17/2019
Dubai Islamic Economy Development Centre signs agreement with Hong Kong Trade Development Council
Memorandum of understanding with the Hong Kong Trade Development Council to exchange knowledge, and best practices in Islamic economy
04/17/2019
Maples Group Advises On Largest Tech Acquisition Deal In UAE
The transaction is the largest ever acquisition of a technology business in the United Arab Emirates
04/17/2019
Kuwait CMA and CISI announce enhanced qualifications pathway for capital market practitioners
The Project mainly aims to elevate competence and professionalism, technical capacity, and legal knowledge of Registered Employment Positions incumbents at licensed persons.
04/16/2019
Fraudulent bank employee fined Dhs612,000
The court imprisoned him for six months, ordered him to return the money and pay an equivalent fine.