GCC’s reliance on private capital flows to fund fiscal deficits to rise
GCC countries are increasingly turning to debt markets both domestic and foreign to finance their rising fiscal deficits and the…
Legal
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Saudi Arabian family conglomerate agrees to $6 Billion Debt Plan With Creditors
Saudi Arabian family conglomerate Ahmad Hamad Algosaibi and Brothers said on Monday that the group’s leading creditors have agreed on…
Capital Markets Board Removes Limits for Share Buy-Backs
Recent development On July 21, 2016, the Turkish Capital Markets Board (the "CMB") decided to remove the limits under the…
Clifford Chance advises on US$100 million National Bank of Oman tap issuance
Clifford Chance's Dubai Office has advised Crédit Agricole Corporate and Investment Bank and National Bank of Abu Dhabi P.J.S.C. as…
The rise and fall of UAE tycoon named in billion-dollar US suits
The rise and fall of Abu Dhabi tycoon Khadem al-Qubaisi, named this week in US Justice Department lawsuits seeking to…
New Abu Dhabi Real Estate Laws Laying the Legal Foundations for Institutional Investment
The years since the global financial crisis of the last decade have witnessed a significant increase in institutional investment into…
Dubai Bank faces money laundering charges
A Nairobi court yesterday issued summons for Dubai Bank Limited to appear in court on August 18, to plead to…
A new hire for Charles Russell Speechlys Middle East
Benjamin McQueenie has joined the firm in Bahrain as an Associate to support the growing activity of the Corporate, Finance…
A tax office in a tax free country -vWithers
Never a dull moment' has probably never been more true for tax professionals than it is today. Tax is on…
Al Tamimi advises DFM on three rights issues
Al Tamimi & Company, the largest law firm in the Middle East, has advised on three rights issues on Dubai…
King & Wood Mallesons strengthens Riyadh office with key partner appointment
King & Wood Mallesons has announced the appointment of partner Glenn Lovell to its Riyadh office. Glenn brings a…
UAE Expats Sent $1.4 Bln Back Home During Eid
Expatriate workers in the United Arab Emirates who make up over 80 percent of the country’s population of 8.5 million…