07/08/2015
Value of cases in H1 2015 rose 447% with small claims up by 134% Surge reflects increasing confidence in DIFC Courts and Dubai as a centre of legal excellence
07/08/2015
Capital Intelligence has announced that it has affirmed the ratings of Arab National Bank, based in Riyadh, Saudi Arabia. The Financial Strength Rating is affirmed at ‘A+’, supported by its strong asset quality, continued growth in customer
07/08/2015
The World Bank suggests that improving the quality of financial intermediation in GCC economies is a balancing act between enhancing access and preserving stability.
07/08/2015
Profit per equity partner soared 39% to £610,000 on income up 7% to £191m in 2014/15.
07/06/2015
The Central Bank hopes a devaluing of the currency will boost exports and attract investment, but Egyptians are braced for high inflation
07/02/2015
The probe focuses on one of the company's several local transport options known as UberPOP
07/01/2015
Some Arab banks are facing difficulties in dealing with U.S. banks despite having fulfilled all international requirements on supervision and compliance
06/30/2015
The real estate market and investors welcomed the decision for its positive effect in increasing the attractiveness of property investment in Dubai.
06/30/2015
Global law firm builds Middle East presence
The Saudi Arabian practice is home to a number of leading lawyers, including Abdulaziz Alassaf, Dr. Sultan Almasoud and Sanjarbek Abdukhalilov.
06/30/2015
Dubai-based developer will pay banks and trade creditors 2.07 billion dirhams ($564 million) after it sold part of its land bank in Saudi Arabia.
06/30/2015
A truck and taxi drive past the Dubai International Financial Centre. The centre is pivoting East as the Western banking industry grapples with rising capital requirements, regulatory scrutiny and fines and slower growth in the aftermath of the global fin
06/30/2015
The draft legislation is comprehensive in scope
06/29/2015
Levels of adoption are also high in Asia-Pacific and the Middle East, with roughly even rates in other emerging markets.
06/29/2015
"Best of the Best" Islamic finance law practitioner announced
The winning list includes 37 legal practitioners in 5 winning countries which are the United Kingdom, Kuwait, U.A.E., Malaysia and Hong-Kong.
06/28/2015
HSBC Bank Oman has agreed to sell its banking business in Pakistan to Meezan Bank , a sharia-compliant Pakistani lender, it said on Sunday.
06/26/2015
The deal eases a crisis over 1MDB that had weighed on Malaysia’s currency and credit rating.
06/25/2015
Clifford Chance advises Saudi Ground Services on its IPO and listing on the Saudi Stock Exchange
The IPO was undertaken through the sale of 30 per cent of the share capital of SGS to potential investors
06/24/2015
Dubai watchdog to probe misconduct by Dutch bank employee
ABN Amro said it had suffered no losses and had notified financial supervisors in Dubai
06/23/2015
This means Europe now has reciprocal visa arrangements with the UAE
06/23/2015
The Islamic Financial Services Board issues the Exposure Draft of its Joint Paper with the International Association of Insurance Supervisors