07/03/2013
New deputy chief justice for Dubai's DIFC Courts
Dubai International Financial Centre Courts has promoted Judge Sir John Chadwick to its deputy chief justice.
Legal, Tax, Regulation & Compliance
07/01/2013
Morgan Lewis to set up in Dubai with Vinson & Elkins Trio
Morgan Lewis & Bockius is to launch in Dubai with a three-partner team from US rival Vinson & Elkins including Middle East managing partner Ayman Khaleq.
07/01/2013
Morgan Lewis to Expand to Dubai
Morgan Lewis announced that it plans to open an office in Dubai, United Arab Emirates (UAE) with the additions of Ayman A. Khaleq
07/01/2013
Kuwaiti Sheikh’s Case Against UBS Presents Uncommon Puzzle
The main characters in the story testified at a five-day trial last week
06/30/2013
London tax lawyer in 71-strong partner round at Baker & McKenzie
LAW firm Baker & McKenzie will this morning promote 71 new lawyers to its partnership, including London-based tax specialist James Wilson.
06/30/2013
Billionaire Saudi prince grilled in UK court over Gaddafi jet
The prince is being sued by Daad Sharab, a Jordanian businesswoman who says she was not paid a promised $10 million commission
06/30/2013
Standard Life seeks end to UAE moratorium on licences for insurers
Standard Life is lobbying for an end to a moratorium on new licences for onshore insurers, in a bid to tap into the UAE market for savings and investment products
06/28/2013
White & Case secures Dubai licence in Middle East expansion
White & Case has been granted a licence to practise law in Dubai in an extension of its Abu Dhabi offering.
06/28/2013
UAE Banks Federation to develop Code of Conduct
The code aims to create highest quality standards
06/27/2013
The largest ME law firm promotes six to partners
These appointments follow what has been an excellent six months for Al Tamimi & Company
06/27/2013
$102M U.S. settlement clears Lebanese-Canadian Bank
The now-defunct Beirut-based bank will forfeit the funds to the U.S. under an agreement approved
06/27/2013
White & Case gets licence to launch in Dubai
White & Case is set to become the latest firm to open in Dubai after obtaining a licence to practise in the emirate.
06/26/2013
Global ETF regulation proposed
The International Organisation of Securities Commission (IOSCO) has issued a report outlining how it wants exchange traded investment vehicles regulated globally.
06/24/2013
UAE- Bank payment obligation rules in region launched
he Dubai Chamber of Commerce and Industry held the regional launch of the ICC Uniform Rules for Bank Payment Obligation
06/24/2013
Libor scandal: regulators launch global review
Mark Carney, chairman of the Financial Stability Board and incoming Governor of the Bank of England
06/23/2013
Kuwait sheikh sues UBS for $21.4 mln in Dubai court
A Kuwaiti sheikh is suing UBS AG for $21.4 million
06/21/2013
The UAE Central Bank has launched on an investigation against AMAL EXPRESS
Sources has revealed to that a team of UAE Central Bank investigators has visited the headquarters of AMAL EXPRESS in Dubai
06/19/2013
QCB move draws flak from investors
Qatar Central Bank’s (QCB) decision to tighten cap on local banks’ investment in stocks and bonds, has drawn flak from a section of investors and market analysts.
06/19/2013
DLA Piper teams up with DIFC and the US-UAE Business Council
"Conducting international business responsibly by complying with appropriate laws and regulations is vital to maintaining the critically important economic and trade relationship between the U.S. and the U.A.E."
06/16/2013
Central Bank mortgage caps would hit Dubai
Mortgage caps planned by the Central Bank risk eroding Dubai's GDP by up to almost 3 per cent and hindering the recovery in the property market