09/28/2014
Riyad Bank has renewed its current agreement with the International Finance Corporation, a member of the World Bank Group, as part of the bank's strategy to support the Kingdom's small and medium enterprises.
09/26/2014
We are going to introduce four new measures to control the brokers
09/25/2014
Haigh, who denies the fraud claims, was arrested on May 18 after he flew to the Middle East for talks about a supposed new position with GFH.
09/22/2014
The QFC Regulatory Authority has released two consultation papers containing proposals that will strengthen and streamline the QFC Regulatory Authority’s prudential framework for banking, investment management and advisory activities undertaken by a
09/22/2014
Banker laundered money for minister?
Defendant says he was told by an Asian minister to open accounts in name of four women
09/21/2014
Bank Asya suspension mystifies investors amid Erdogan feud
Turkey’s stock exchange prolonged a freeze on Asya Katilim Bankasi AS’s shares, a day after it twice suspended trading in the Islamic lender that’s lost almost half of its market value this week.
09/21/2014
QFC Regulatory Authority issues proposals to strengthen the QFC Banking, Investment Management and Advisory regime
The papers call for public comment on draft Rules that are designed to clearly differentiate between the sectors of banking business, and investment and advisory business
09/21/2014
We are really trying to control the inflation rate. We don't want it to be so high as we believe Dubai will continue to attract more and more people
09/18/2014
ESBD has been restricted from taking or paying deposits
09/18/2014
Wragge Lawrence Graham appoints partner in Dubai office
He is a general structured finance lawyer with a specialism in project finance.
09/18/2014
The office will be headed up by partner Andrew Baird, who relocated to Dubai in April to help navigate the jurisdiction’s regulatory requirements.
09/17/2014
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.
09/16/2014
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
09/14/2014
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.
09/12/2014
Bahrain-based banks need to treat tougher US action on non-compliance with sanctions as an opportunity, an expert has said.
09/11/2014
Aggressive Investigations by Regulator Politically Motivated, He Says
09/11/2014
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.
09/11/2014
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
09/10/2014
He said that new rules could be ready in about six months.
09/07/2014
CFE professionals are able to perform a variety of activities including forensic accounting, audit, consulting, and fraud and security investigations.