07/24/2014
Gulf Finance House responds to press coverage of dispute verdict
Gulf Finance House issued a statement to the Bahrain Bourse responding to local coverage regarding the verdict announced by Bahrain Chamber for Disputes Resolution (BCDR) against the bank and its former chairman, Essam Janahi to the benefit of Tanmiyat.
07/22/2014
UK's SFO says Bruce Hall sentenced to 16 months in prison
Bruce Hall was today sentenced to 16 months in prison for conspiracy to corrupt, in relation to contracts for supply of goods and services to a Bahraini company, Aluminium Bahrain BSC
07/21/2014
Former banker now a legal eagle in Dubai
The chief executive of Abdulhakim Binherz Advocates and Legal Consultants, which is based in Deira, Dubai, previously led the merger of Emirates Bank and NBD in his role as the general counsel at the bank.
07/20/2014
Is sharia-compliant banking just a way of twisting the rules?
07/20/2014
The CFA study has observed that banks are opaque to many external stakeholders, including the investors upon whom they rely for both equity and debt capital, and the financial crisis presented a clear opportunity for enhancing bank transparency.
07/15/2014
Al Anwar Holding Co has won a long-drawn legal case with Bahrain-based Addax Bank regarding investments made in the bank.
07/15/2014
Regulators take aim at murky UAE markets after Arabtec debacle
Fifty billion dollars may be enough to trigger major changes to regulation of the Arab world's second biggest stock market.
07/13/2014
Takaful is experiencing rapid growth in the GCC and some regulators have recently responded by proposing a host of new takaful-specific regulations that are expected to boost the market access of these companies.
07/12/2014
The stock market regulator yesterday approved new rules that will shake up the UAE’s brokerage sector, opening the industry up to greater international competition and tightening oversight on lending to clients.
07/10/2014
Legal experts caution debt-ridden expats against taking the easy way out as the long arm of the law can catch up sooner than later
07/08/2014
The economic regulators reviewed the performance of the stock markets in light of Arabtec’s share-price plunge, which had its negative impact on the overall market.
07/08/2014
Commercial Bank of Kuwait has received regulatory approval to issue up to 120 million dinars ($425.8 million) of bonds
07/07/2014
Bird & Bird forms cooperation agreement with leading Turkish technology law firm BTS & Partners
The move follows significant client demand for legal services in the region, particularly in the technology and media sectors, where BTS & Partners is an acknowledged market leader.
07/07/2014
This is a ground breaking milestone for Mashreq
07/03/2014
GFHC’s senior executive officer, said it also had no control over criminal proceedings, but backed the Dubai justice system, which under UAE law can keep somebody in custody without charge.
07/03/2014
Leading law firm Baker & McKenzie Habib Al Mulla has expanded its UAE presence with the opening of an office in the Dubai International Financial Centre on 1 July 2014
07/02/2014
He will hold this position in addition to his role as counsel.
07/01/2014
King & Spalding advised Kuveyt Turk Katilim Bankasi A.S. (Kuveyt Turk), one of the leading Turkish participation banks, on the issuance of $500 million senior unsecured certificates due 2019
07/01/2014
Latham & Watkins advised Banque Saudi Fransi , a leading lender in Saudi Arabia, in connection with its SAR2 billion Tier II sukuk issuance through a private placement in the Kingdom of Saudi Arabia.
06/30/2014
He also noted that the Al Roumi cousins, despite being based in Kuwait, both spoke good English and came regularly to England