05/26/2015
Anti-money laundering drive: Bankers join key Riyadh talks
These were among the recommendations proposed by panelists at the 7th Compliance and Anti-Money Laundering Seminar in Riyadh.
Legal, Tax, Regulation & Compliance
05/26/2015
Saudi regulator to raise IPO allocations to institutional investors
Saudi Arabia's stock market regulator said it would raise the proportion of shares allocated to institutional investors in initial public offers as it aimed to reduce volatility in the market.
05/26/2015
Saudi regulator to raise IPO allocations to institutional investors
Saudi Arabia's stock market regulator said it would raise the proportion of shares allocated to institutional investors in initial public offers as it aimed to reduce volatility in the market
05/26/2015
Clyde & Co advises National Bank of Fujairah
Clyde & Co's Islamic finance practice was bolstered with the addition of Adil Hussain in 2014.
05/26/2015
Dentons advises on one of the largest ship finance deals
Dentons has advised on a $550 million conventional and Islamic multi-tranche facility to Dubai-based oilfield services firm Topaz Energy and Marine
05/25/2015
UAE banking industry to tighten compliance on advertising claims
The banking industry body plans a crackdown on misleading advertising as part of a series of self-regulating measures.
05/25/2015
Why the DIFC’s new wills registry can bring more capital flows into Dubai
The new registry gives non-Muslim expatriates the option to decide on their inheritance policy
05/25/2015
Preparing for battle
Abu Dhabi's goal to become a regional financial hub to rival Dubai is taking shape through the Abu Dhabi Global Market
05/25/2015
UAE to monitor banks behavior
The move was approved on Thursday by the bank Federation’s CEOs’ Advisory Council.
05/24/2015
UAE Banks Federation appoints independent agency to monitor Code of Conduct compliance
The UAE Banks Federation, a professional representative body representing 50 member banks operating in the UAE, has approved the appointment of a new independent monitoring agency for the implementation of its Code of Conduct by member banks
05/24/2015
UAE Banks Federation appoints independent agency to monitor Code of Conduct compliance
The UAE Banks Federation, a professional representative body representing 50 member banks operating in the UAE, has approved the appointment of a new independent monitoring agency for the implementation of its Code of Conduct by member banks
05/24/2015
Mohammed bin Rashid issues Decree forming the Board of Dubai Chamber
In his capacity as Ruler of Dubai, Vice President and Prime Minister of the United Arab Emirates His Highness Sheikh Mohammed bin Rashid Al Maktoum has issued Decree No (19) of 2015 forming the Board of Dubai Chamber of Commerce and Industry .
05/22/2015
UAE firm sues Korea over taxation
The National Tax Service (NTS) imposed the tax on Hanocal in 2010
05/21/2015
Court sentences bank directors to 7 years
The court also punished 10 other suspects who participated in the crime with the first and second defendants.
05/20/2015
DFSA Fines United Investment Bank Limited
The fine was imposed following a DFSA investigation which found that, from April to July 2014
05/20/2015
Central Bank of Oman appoints FSS to implement National E-payment Gateway
FSS Technologies FZE, the Middle East subsidiary of Financial Software & Systems (FSS), has been appointed by the Central Bank of Oman (CBO) to implement "OmanNet e-payment Gateway" in Sultanate of Oman.
05/19/2015
DIFC to play key role in UAE-Kazakhstan trade
DIFC, National Bank of Kazakhstan sign deal
05/19/2015
Basel III: The Banking Regulators' Revenge
Banks have four years to change or else. Should Middle East banks be scared?
05/19/2015
Corporate PE Structures by Kerri L. Lefebvre, Conyers Dill & Pearman
Thinking about the end at the beginning
05/19/2015
Bank managers jailed over Dh25 million heist
Defendants and 11 others involved in stealing realty investor’s money from three corporate accounts