Legal

Legal

International law firm advises Ahli Bank on its debut US$500 million issuance in the international capital markets

April 17, 2016

International law firm Clifford Chance advised on the issuance of US$500 million 3.625% notes due 2021 by ABQ Finance Limited…

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Fraud & Ethics

Malaysia 1MDB: Saudi minister says Najib funds were donation

April 15, 2016

Saudi Arabia's foreign minister has said funds found in Malaysian PM Najib Razak's personal account were a donation, say Malaysian…

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Comment & Analysis

International law firm Reports on Middle East Investment into Africa

April 14, 2016

International law firm Hogan Lovells today launched a report on Middle East Investment into Africa, in association with Legal Week,…

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Legal

Leading ASEAN law firm & Al Aidarous Form Strategic Alliance in Middle East

April 13, 2016

Leading ASEAN law firm WongPartnership have announced the formation of a strategic alliance with boutique national law firm Al Aidarous…

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Islamic Finance

GCC financial regulators encouraged to promote use of sukuk to fund infrastructure

April 13, 2016

The value of sukuk being issued in the GCC has been falling, but there is still opportunity in the market,…

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Legal

Former Kuwaiti financial attaché arrested in US on charges of money laundering and illegal revenue

April 8, 2016

The US authorities have arrested a former Kuwaiti financial attaché working at the Kuwait Health Office in Washington on charges…

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Awards and Recognition

Dentons shortlisted for six awards in the Corporate Counsel Middle East Awards 2016

April 8, 2016

Dentons has been shortlisted for six separate awards in Legal Week's Corporate Counsel Middle East Awards 2016, including International Law…

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Investment Banking

UAE conglomerate misses payment on $4.5 bln restructured debt

April 6, 2016

Al Jaber Group missed a March repayment on its $4.5 billion restructuring, three sources aware of the matter told Reuters…

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Comment & Analysis

Huge reserves, spending cuts underpin UAE fiscal position

April 5, 2016

"The UAE economy will prove to be resilient to lower oil prices, and its growth outlook is positive and well-balanced.…

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Fraud & Ethics

HSBC's Saudi Division Made $42 Million Provisions to Pay Fines

April 1, 2016

HSBC Holdings Plc’s Saudi unit made provisions of 162 million riyals ($42 million) over the past two years to pay…

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Financial Results

UAE banks agree "mini insolvency law" to help struggling SMEs

March 29, 2016

Banks in the United Arab Emirates will suspend legal action against small and medium sized enterprises struggling to repay debt…

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Legal

UAE signs agreement on exchange of information for tax purposes with Finland

March 28, 2016

As part of its strategy to enhance UAE's international economic cooperation and its commitment to meet the standards of transparency…

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