11/01/2022
Sharjah announces changes to real estate ownership law for expats
The amendment mentions the circumstances under which a person who is not a citizen of the UAE or of a Gulf nation can own real estate in the emirate
Legal, Tax, Regulation & Compliance
10/28/2022
IMF confirms $3bn loan for Egypt, welcomes exchange rate flexibility
The announcement came after Egypt’s central bank announced that it raised key interest rates by 2 percent and switched to a more flexible exchange rate system in a bid to combat the country’s mounting economic issues.
10/26/2022
Saudi Arabia signs six MoUs on opening day of 6th Future Investment Initiative
The agreements will support the efforts and objectives of the Ministry of Investment to attract investments, enable sectors to grow and facilitate access to investment opportunities
10/25/2022
Dubai Court declares Arabtec bankrupt, approves liquidation of its assets
Dubai Court's final ruling also applies to all Arabtec subsidiaries
10/24/2022
Goldman, banker agree settlement terms over London dismissal lawsuit
A lawyer for Thomas Doyle, the bank's former EMEA head of synthetic swap sales, on Saturday confirmed that settlement terms had been reached over ordinary unfair dismissal claims
10/21/2022
Insurance company Volante Global uses Lloyds’s Syndicate at DIFC for Middle East and Republic of Türkiye growth
Volante (DIFC) Ltd has received a category four licence from the Dubai Financial Services Authority (DFSA), the independent regulator of financial services conducted in or from DIFC
10/18/2022
PwC strikes partnership with Abu Dhabi-based AI group G42
One of the key areas of focus is on building a joint cloud proposition which enables organisations to leverage AI in the cloud, as opposed to less powerful onsite applications.
10/17/2022
K&L Gates Recognized as Banking & Finance, Corporate Teams of the Year at Qatar Business Law Forum Awards
The recognitions come at the same time as several others for the firm
10/14/2022
Debt reduction, not currency stabilization, is Egypt’s goal: Central Bank advisor
The consumer price inflation in Egyptian cities rose to 15 percent on an annual basis in September
10/13/2022
IFLR Middle East Awards 2022: winners announced 
Many of the region’s top law firms and banks were in attendance, and it was great to see so many familiar faces, as well as welcome several new ones.
10/11/2022
KPMG appointed Knowledge Partner for the Supply Chain Conference in Riyadh
KPMG to release new research on industrial supply chain in Saudi Arabia, in collaboration with UNIDO and supported by Saudi Ministry of Industry and Mineral Resources
10/07/2022
Saudi Central Bank to finalize finance companies control law by consulting the public
This regulatory function falls under SAMA’s oversight responsibilities, as well as its role in supporting the development of the finance sector and keeping pace with the growth of the global finance industry.
10/06/2022
Fintech founder Umar Munshi receives the Royal Award for Islamic Finance Emerging Leader award
For his trailblazing efforts to develop fintech for Islamic finance and the impressive development of his company Ethis
10/06/2022
AFS and Al Wafa Bank partner for payments processing services
AFS is the leading enabler for digital transaction transformation, as it is supporting the regional payments landscape and serving the needs of a wide variety of banks and financial institutions with its digital platform
10/05/2022
Abu Dhabi ADGM imposes fines on company exec for fraudulent trading
The authority has disqualified Elia Investments' Babar Abbas from being a director of any ADGM company
10/04/2022
SAMA reveals use of coins surge by 22%
With regard the coins in circulation by denomination, (SR1) has recorded the highest currency traded outside SAMA by about SR517.5 million during August.
10/04/2022
DLA Piper expands its MENA capabilities with new IP Partner appointment
Global law firm DLA Piper has appointed Saba Al Sultani as a Partner in its Intellectual Property and Technology group, based in Dubai
10/03/2022
New UAE visa system: Changes to Golden, Green residencies; family sponsorship rules; entry permits explained
Here's a guide to five key aspects of the new services under the sweeping reforms
10/03/2022
UAE is world's most powerful passport: This is how the world’s passports are ranked on their influence
UAE passports score top rankings, and that is based on a combination of measures
09/30/2022
UAE Banks Federation Audit Committee holds its sixth meeting, and second for 2022
Meeting reviewed the financial statements and internal audit reports of the Federation