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…
Legal
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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…
Dubai Courts launches Smart Payment System in line with directives of H.H Sheikh Mohammed Bin Rashid
Dubai Courts has 2016 with a new achievement in its smart transformation efforts, as it unveiled the Smart Payment System…
Dentons signs mou with oxford business group
The changing role of the Dubai International Financial Centre and what its expansion means for the wider business community is…
St Lucia snubs Britain by refusing to waive immunity for Saudi billionaire
A Caribbean island has snubbed Britain by refusing an official request to waive the diplomatic immunity of a Saudi billionaire…
Gulf states prep tax laws ahead of 2018 rollout
Gulf Arab states are putting the finishing touches on draft laws on value-added taxes of up to 5 percent that…
Changing places: Barclays names new UK/EME general counsel
In another round of musical chairs at Barclays, the banking giant has appointed Victoria Hardy as general counsel (GC) for…
Swiss Attorney General to address restitution of frozen embezzled funds
In his forthcoming visit to Egypt next Saturday, Swiss Attorney General Michael Lauber will address the CHF 700m that the…
AAOIFI Launches Project for Shari'ah Standard on GoldIn Cooperation with World Gold Council and Amanie Advisors
The Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) has phased in a new project for the development of…
International Law Firm advises on debut sukuk for the government of cote d'ivoire
Hogan Lovells has advised the Islamic Corporation for the Development of the Private Sector (ICD), as arranger, on the inaugural…
Al Zarooni Exchange UAE licence revoked for money laundering violations
The central bank of the United Arab Emirates on Monday said it had revoked the licence of local money exchange…
Banker calls for urgent reality check to regain top position
Bahraini banker Rashad Janahi has called for an urgent reality check. According to him, it is a fact that…