Consortium acquires billion dollar stake in Arab Bank Group
Led by Arab Bank Chairman, Sabih al Masri, a consortium of investors bought a 20 per cent stake in Arab…
Legal
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Baker McKenzie law firm advised a consortium led by Arab Bank Chairman Sabih al Masri, in acquiring a 20% stake in Arab Bank Group from Oger Middle East Holdings
Baker McKenzie advised a consortium led by Arab Bank Chairman Sabih al Masri, in acquiring a 20% stake in Arab…
UAE federal debt management law set for this year
The UAE expects to issue a debt law this year that will allow the federal government to sell sovereign bonds…
Baker McKenzie advises on stake buy in Arab Bank
Baker McKenzie, a global law firm, advised a consortium led by Arab Bank chairman Sabih al Masri in acquiring…
Turkish hacker behind $45m Oman, UAE cyber heists gets 8 years
A Turkish hacker has been sentenced to eight years in a US prison for his role as one the masterminds…
Deutsche Bank's Israel CEO detained over alleged tax fraud
Boaz Schwartz, Deutsche Bank’s chief executive officer in Israel, was detained over alleged value-added-tax violations involving the company’s clients, the…
Abu Dhabi fund Mubadala opposes Witkoff’s bid to lead sale of Low’s Park Lane stake
Mubadala Development, an Abu Dhabi sovereign-wealth fund which owns a stake in the Park Lane Hotel conversion, is opposed to…
Client Choice Awards 2017
The Client Choice awards which recognize those partners around the world that stand apart for the excellent client service they…
Claimants request more time in Deloitte Middle East legal case
Dubai International Financial Centre Courts has granted a Dubai and Lebanon-based investment firm an extension to file evidence in a…
DWF seals association with Saudi law firm
Manchester-headquartered law firm DWF has bolstered its position in the Middle East by sealing an exclusive association with a counterpart…
White & Case advises Investment Corporation of Dubai on $1 billion issuance of Trust Certificates
The trust certificates, which were issued in a single tranche maturing in 2027, were offered pursuant to Regulation S and…
Countering financial crimes remains a top priority of UAE market regulators
The capital markets regulator said on Sunday that countering financial crimes remains a top priority of regulators, at the same…