02/19/2015
Standard & Poor's Ratings Services said today that it has revised its outlooks on four Saudi Arabian banks to negative from stable; Al Rajhi Bank, The National Commercial Bank, Riyad Bank and Samba Financial Group.
02/19/2015
The firm has announced several developments to its Middle East practice in support of its continuing investment in the growth of its capability across core sectors of focus and positioning as a leading law firm for international commerce.
02/19/2015
Top Swiss official says she is not alarmed by HSBC scandal and the banking sector is doing good
02/16/2015
Shearman & Sterling is also advising QIA and Bidco on the follow-on £4.1 billion mandatory cash offer for the entire issued share capital of CWG which is not already held by Songbird
02/11/2015
Last week, Shuaa Capital said it would seek a stand-alone public rating for its business of lending to smaller companies
02/11/2015
The Bank's Financial Strength Rating (FSR) is affirmed at 'BBB'
02/11/2015
Abu Dhabi Global Market draft rules reviewed by King & Spalding Middle East & Islamic Finance Group
The stated aim of the Real Property Regulations is to reflect a modified “torrens”- type real property registration regime for Al Maryah Island similar to a number of other jurisdictions including Australia, Canada, New Zealand, Ireland, Singa
02/09/2015
This recertification (first iissued in 2008) demonstrates ADCP’s effective quality management system to guide and govern its operations, said a statement from the UAE company.
02/08/2015
SAS, the leader in business analytics software and services, announced its collaboration with Dubai Islamic Bank to help prevent money laundering among the bank's customers.
02/08/2015
According to EY's World Islamic Banking Competitiveness Report 2014-15, the industry is expected to see significant growth over the coming years
02/07/2015
The UAE Banks Federation has adopted a set of clear guidelines to provide bank customers in the UAE with the standards of service they can expect from their banks.
02/05/2015
Insurers operating in the United Arab Emirates (UAE) will be among the first to adopt new solvency standards
02/05/2015
The Central Bank of Bahrain (CBB) is drafting legal documentation to set up a sharia board of scholars that would oversee the kingdom's Islamic finance sector
02/05/2015
Dentons has advised a consortium of banks led by Islamic bank Al Hilal Bank , based in Abu Dhabi, on a US$200 million Shariah-compliant syndicated facility.
02/04/2015
The move saw Al-Jadaan re-appointed as special adviser to support the various practices with a team of 30 permanently based Saudi and foreign lawyers.
02/04/2015
Deputy CEO says aim is to grow into fully-fledged bank later
02/04/2015
A country-level approach could help limit differences between products, speed the design of new products and boost investor confidence.
02/04/2015
Leading international law firm announces new Middle East regional office Managing Partner
She also provides advice to companies looking to invest in and/or expand their existing businesses in the Middle East. Rula is an English qualified solicitor, a member of the Kuwait Bar Association and bilingual in Arabic and English.
02/04/2015
Turkey's state-run Savings Deposits Insurance Fund (TMSF) has taken over most of Bank Asya's management
02/03/2015
The awards ceremony was held on 27 January in Dubai and paid tribute to the service providers who have shaped the MENA fund industry in 2014.