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Legal, Tax, Regulation & Compliance

11/10/2016

Up to €600,000 in Dubai account to be transferred, court told

Money to go to liquidator of Irish company Arden Forestry Management

11/09/2016

Warren Buffet pledges $5 million investment in Israel bonds

The United States and Israel have a common destiny

11/09/2016

KFH fulfills CBK’s customer protection guide requirements

An awareness campaigns is being arranged where social media is used to spread awareness among customers concerning the guide articles and objectives.

11/09/2016

Banks Offering Dollars Lure Egyptians From the Dark Side

Egyptian lenders need billions of dollars to meet demand from businesses starved for dollars

11/08/2016

Qatar Central Bank welcomes Conference on Information Security in Financial Operations

The event is taking place at the Sheraton Doha Hotel.

11/08/2016

Central Bank signs MoU on electronic interconnection with local courts

The MoU reinforces the continuous efforts exerted by the Central Bank to support electronic transformation of services provided by federal and local entities and authorities

11/08/2016

Saudi Arabia to settle delayed private sector payments by end-December

The CEDA was looking at making the private sector payments, which have been delayed by sharp declines of oil revenues.

11/08/2016

Egypt set to approach IMF in days as free currency trading debuts

The pound weakened 3.6% yesterday to 16.75 per dollar at the National Bank of Egypt, the country’s largest lender.

11/07/2016

King & Spalding Elects 14 New Partners Across Seven Offices

"This year's class of new partners again reflects our priority to develop and promote high caliber lawyers worldwide in our areas of strength," said Robert D. Hays, Jr., chairman of King & Spalding.

11/07/2016

Argentina and UAE sign double-taxation treaty

Agreement prevents taxes from being levied on investments in both the source and destination countries.

11/07/2016

Investors Watching Closely Egypt And The U.S. Elections

Global equity markets slipped on Friday on investor fears about the outcome of Tuesday's U.S. presidential election

11/07/2016

Qatar mulls Monte dei Paschi's $5.5bn cash call

Qatar's sovereign wealth fund is considering an anchor investor role in the world's oldest bank.

11/07/2016

Astad underscores regional expansion at Qatar-Saudi economic forum

The motivation behind this expansion comes from the accumulated experience we have in Qatar.

11/07/2016

Oman's Bank Muscat in talks to refinance $600 mln loan - bankers

The loan would refinance the three year maturity

11/07/2016

QFCRA, Kuwait’s CMA sign MoU on information sharing, development

The signing of the MoU highlights the QFCRA’s continuing commitment to foster greater regulatory cooperation, a spokesperson for the regulatory authority said.

11/04/2016

Egypt Floats Currency, Appeasing I.M.F. at Risk of Enraging Poor

Egypt is trying to push through major economic changes to secure a $12 billion loan from the International Monetary Fund

11/04/2016

Egypt moves to secure IMF loan with currency flotation

Egypt has moved its currency to a floating rate in a bid to meet the criteria for an IMF loan

11/03/2016

Bahrain, Turkey aim to boost trade volume to $1 billion

The Turkish minister was speaking on the sidelines of the second GCC-Turkey Forum held under the patronage of His Royal Highness Prince Khalifa bin Salman Al Khalifa the Prime Minister.

11/03/2016

A developed debt market is the key to Qatar's financing needs

Regulatory Authorities and Leading Commercial and Investment Bankers from the region participated in the event.

11/02/2016

Beware of shady online transactions, banks warn

About 20 percent Saudis who purchase products through electronic marketing websites have been victims of fraud

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