Geneva prosecutor ends six-year Saad/Algosaibi probe with no further action
A Geneva prosecutor has closed a six-year investigation into a criminal complaint by Saudi Arabia's Ahmad Hamad Algosaibi and Brothers…
Legal
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The future of Audit is set to transform in the UAE
Grant Thornton, a leading international assurance and advisory firm and the Association of Chartered Certified Accountants (ACCA), the leading global…
Arab Bank Settles US Litigation on Middle East Attacks
Arab Bank has reached a settlement with hundreds of US victims of attacks in Israel and the Palestinian territories who…
Clifford Chance advises Amanat Healthcare
Clifford Chance advised Amanat Healthcare and its affiliates on its acquisition of a 35% beneficial interest in Sukoon International Holding…
DIFC’s new Academy of Law inks first international memorandum
The new DIFC Dispute Resolution Authority Academy of Law has signed its first international cooperation agreement, in a move designed…
UAE Government draws up sales and corporation tax plans
The UAE Government has drawn up plans to introduce both a federal sales tax – or value-added tax (VAT) –…
Gibraltar FSC signs MOU with Israel
The Gibraltar Financial Services Commission has announced that it recently signed a Memorandum of Understanding with the Israel Securities Authority.…
Asset management firms shift focus to unpaid consumer bills
Asset management companies, which have already been de-facto managing the non-performing loans of the ten largest banks in Turkey, have…
A new Commercial Companies Law for Qatar
HH Sheikh Tamim bin Hamad al-Thani issued the new Commercial Companies Law No 11 of 2015 (new Companies Law) on…
Property owners affected by Al Nakheel development to get AED52 million compensation
In line with the directives of H.H. Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman…
The DFSA Signs MoU with Australia's Prudential Supervisor
The Dubai Financial Services Authority entered into an agreement with the Australian Prudential Regulation Authority last week. The Memorandum…
Conyers advises Integrated Alternative Finance on its AED 700 million structured equity and mezzanine debt financing to develop the Taj Dubai
Conyers Dill & Pearman represented Integrated Alternative Finance – a subsidiary of Abu Dhabi Financial Group – on its AED…