Managers of Wealth Middle East -Wealth, private banking and asset management news and opinion

Wragge Lawrence Graham appoints partner in Dubai office

He is a general structured finance lawyer with a specialism in project finance.

WFW launches in Dubai with three-lawyer team

The office will be headed up by partner Andrew Baird, who relocated to Dubai in April to help navigate the jurisdiction’s regulatory requirements.

N.Y. court asked to freeze Turkish family's assets in UAE bank

An attorney for a Motorola subsidiary has asked New York's top state court on Tuesday to allow it to freeze the assets of a Turkish family held by branch of an international bank in the United Arab Emirates.

Baker & McKenzie.Habib Al Mulla named 'Asian-MENA Counsel In-house Community Firm of the Year' for Restructuring & Insolvency

Baker & McKenzie .Habib Al Mulla has solidified its position as a dominant law firm in the Middle East following being named the "Asian-MENA Counsel In-house Community Firm of the Year" for Restructuring & Insolvency in the Asian-MENA Co

The challenges facing the UAE's long-delayed credit bureau

The story goes that most of those debtors had multiple credit lines and getting more was as easy as turning up to another financial institution. It may not have been quite so simple but it was almost.

Tough US laws offer opportunity for banks

Bahrain-based banks need to treat tougher US action on non-compliance with sanctions as an opportunity, an expert has said.

Turkey Risks Setting Dangerous Precedent, Bank Asya CEO Says

Aggressive Investigations by Regulator Politically Motivated, He Says

Fed inspects Turkish Ziraat's New York branch

The United States Federal Reserve (Fed) has reportedly started an inspection of the financial transactions of Turkey's state-run Ziraat Bankası New York branch, Turkish media reported on Tuesday.

Dispute resolution in the United Arab Emirates: what are the options? Part one

Following the Dubai International Finance Centre (DIFC) Court judgment in Banyan Tree Corporate PTE Ltd v Meydan Group LLC, parties operating within Dubai and the wider United Arab Emirates (UAE) have been forced to reconsider their approach to dispute

Kuwait woos foreign investors by suspending offset scheme

He said that new rules could be ready in about six months.

BIBF to launch Bahrain's first Certified Fraud Examiner workshop

CFE professionals are able to perform a variety of activities including forensic accounting, audit, consulting, and fraud and security investigations.

Nabarro adds three lawyers to Dubai office

Dentons energy associate Nick Kramer joins the firm as a partner and head of commercial and construction in the Middle East.

Saudi Central Bank Says May Cap Consumer Lending, Limits Fees

The change in rules could dent profit growth at banks, especially those that rely heavily on retail activity.

Saudi stock market regulator fines seven companies for disclosure violations

The CMA is the only regulator in the region to publicly reveal fines levied on companies, investors, brokers and banks for failing to comply with its rules

Jailed former Leeds Utd boss “100% confident” PwC report will set him free

GFH Capital, a subsidiary of Bahrain-based Gulf Finance House, launched legal action against Haigh, soon after his arrest when he arrived at the company’s Dubai office on the premise of discussing a new job.

UAE ID required in bank clients’ records

The central bank asked banks and financial institutions to abide by the law to obtain the ID cards

Clifford Chance reviews DIFC Court ruling against Bank Sarasin

In a detailed commentary, law firm Clifford Chance reviews what this ruling means for regulated firms in the DIFC.

Investors in Qatar Eye FIFA Investigation Findings

Such a reaction wouldn’t surprise, especially given that Qatar’s stock market is trading near multi-year highs after adding some 32% this year.

Mishcon seeks greater collaboration with law firms in Russia, the US and the Middle East

Our top priorities are Russia, the USA, the Middle East and offshore

Turkish assets firm on EU easing hopes

nvestors are also unsettled by violence in nearby Ukraine, Syria and Iraq

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