01/03/2012
Mystery of the missing $2 million in gold bullion
The troubled mortgage company is actually two related firms called UM Financial Inc. and UM Capital Inc.
Legal, Tax, Regulation & Compliance
12/29/2011
Changes in MENA Tax laws promote better transparency: Ernst & Young
Ernst & Young MENA Tax Leaders highlighted that tax authorities in the region have begun to depart from earlier accepted and expected tax norms.
12/28/2011
When to Go Above The Boss's Head
His story is exemplary of the whistleblower-like firings and resignations that have graced headlines since the days of Enron.
12/08/2011
Dubai tribunal blocks Nakheel bid to challenge rulings
The ruling is a blow to the now state-owned firm, which has seen a slew of lawsuits filed against it in recent months, and may have significant implications for dozens of investors and trade creditors.
12/06/2011
Kuwait bourse halts global investment trading
Following losses incurred by end of September
11/24/2011
Women's role in law and judiciary in the spotlight
DUBAI International Financial Centre (DIFC) Courts and the region’s leading legal research experts, Thomson Reuters Westlaw Gulf, today held the first "Women in the Law & Judiciary" panel discussion in the region.
11/17/2011
Kuwait bourse suspends 50 firms
The Kuwait Stock Exchange (KSE) yesterday suspended trading in the shares of 50 firms, about a quarter of those listed on the bourse, for not reporting their financial results on time.
11/17/2011
FATCA will affect almost all Financial Institutions
Following the rule that all non FATCA compliant might be subject to 30pc US withholding tax
11/11/2011
Emirati Deputy Registrar at DIFC Courts receives global accolade
Ms. Al Owais was officially recognised at the IBA meeting held in Dubai last week
11/10/2011
FSA hits Dubai-based investor with GBP4m fine
The charge is in relation with the 66-year-old trader's shady involvement in a case slapped against Reliance Industries
10/28/2011
Senior member of Bahrain's royal family involved in $6m bribe suit
The senior member of the royal family was arrested Monday for corruption in relation to alleged shady deals over contracts for Australian alumina imports.
10/27/2011
Court upholds longest fraud jail terms
Court upholds longest fraud jail terms
10/19/2011
Norton Rose partner quits Abu Dhabi base for Standard Chartered amid spate of exits
Norton Rose partner quits Abu Dhabi base for Standard Chartered amid spate of exits
10/19/2011
DFSA Withdraws Licence of Siraj Capital (Dubai) Limited
DFSA Withdraws Licence of Siraj Capital (Dubai) Limited
10/13/2011
Citi, Saudi Family Fight Over Hedge Fund, Private Equity Losses
Citi, Saudi Family Fight Over Hedge Fund, Private Equity Losses
10/12/2011
Onyx Investments seeks court ruling on Oman's Blue City
Onyx Investments seeks court ruling on Oman's Blue City
10/12/2011
UAE, Switzerland sign pact to avoid double taxation
UAE, Switzerland sign pact to avoid double taxation
10/12/2011
Etisalat launches cashless mobile payment service
Etisalat launches cashless mobile payment service
10/10/2011
Saudi Arabia: Leaked cable reveals how royals get rich
Saudi Arabia: Leaked cable reveals how royals get rich
10/07/2011
Citigroup Sues to Block Arbitration of Saudi Investors’ Claim
Citigroup Sues to Block Arbitration of Saudi Investors’ Claim