CEO hopes to settle Saudi firm’s $6B of debts
A Saudi company that's owed $6 billion in debt since a 2009 crisis hopes to soon reach a tentative agreement…
Legal
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Arab Israel Bank CEO resigns after Leumi merger
Meanwhile, an ongoing Bank Leumi inquiry is investigating allegations of money laundering against Danny Gitter. Arab Israel Bank CEO…
International law firm bolsters Dubai office
International law firm Berwin Leighton Paisner has announced the appointment of Raza Mithani, an International Arbitration and Dispute Resolution Partner,…
Amanda Staveley sues Barclays for almost £1bn
Barclays has been hit with a lawsuit for nearly a £1bn from Amanda Staveley, the deal-maker with a host of…
Frozen Iranian funds freed up from Swiss banks
Switzerland has freed up money from Iran that was frozen in Swiss bank accounts. It’s come after sanctions against the…
Probe clears Malaysian PM Najib, says $681 mln transfer a Saudi gift
Malaysia's attorney-general said on Tuesday that $681 million transferred into Prime Minister Najib Razak's personal bank account was a gift…
Simmons & Simmons launches one of the first funds investing in Iran
International law firm Simmons & Simmons has acted on the restructuring of the Sturgeon Central Asia Fund, to enable it…
Trowers & Hamlins advises on landmark project within the Bahrain Financial Harbour
International law firm Trowers & Hamlins have advising leading financial group and longstanding client GFH Financial Group on The Harbour…
Commercial Bank signs MoU with Mexican national development bank
Commercial Bank, Qatar's first private bank, has signed a Memorandum of Understanding with Bancomext, a Mexican national development bank on…
Collas Crill Wins Landmark Case on State Immunity
Collas Crill has acted for the winning party in a decision issued by Jersey's Royal Court in a landmark case…
Fitch: New Egyptian Bank Rules Could Weaken Asset Quality
Regulations to boost SME lending, issued by the Central Bank of Egypt earlier this month, could weaken the quality of…
International law firm cements Middle East presence with launch of three new Associations
International law firm Holman Fenwick Willan has announced the expansion of its specialist Middle East legal offering with the launch…