Oman’s law protecting bank savers comes into force
Oman has started enforcing a new law protecting customers if their bank defaults. The Central Bank of Oman (CBO)…
Legal
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DIFC Courts opens Mediation Service Centre and notary service
he Dubai International Financial Centre (DIFC) Courts has expanded their ancillary offerings with the introduction of a Mediation Service Centre…
Egypt’s net international reserves hit record $49.04bn in July: CBE
The Central Bank of Egypt announced on Tuesday that the country’s net international reserves climbed to $49.036bn in July 2025,…
Mashreq set to partner with Clari5 (A Perfios Company) to launch GenAI Powered Fraud Detection Platform
Mashreq has announced a strategic partnership with Clari5, a global leader in real-time financial crime management, to launch Clari5 Genie,…
Saudi Arabia and Qatar to pay back Syria’s debt to the World Bank
Saudi Arabia and Qatar said Sunday they will pay Syria’s outstanding debt to the World Bank, a move likely to…
Walkers Advise Mashreqbank on its Landmark US$500m Sukuk Issuance
Mashreqbank psc, one of the oldest banking institutions in the United Arab Emirates and the Middle East ("Mashreqbank") issued its…
Grant Thornton UAE to join multinational platform
Grant Thornton UAE has announced that it has reached an agreement to unite with Grant Thornton Advisors LLC (Grant Thornton…
The Law's passing is an essential step to clarify the applicability of separate tax laws for foreign banks operating in Dubai.
The Emirate of Dubai in 2024 issued Law No. (1) of 2024 Concerning Tax on Foreign Banks Operating in the…
Barakat, Maher & Partners in association with Clyde & Co have successfully advised on the mortgage portfolio of Bedaya
Barakat, Maher & Partners in association with Clyde & Co have successfully advised Capital for Securitization on the EGP 1,637,000,000…
Oman’s New Banking Law: Key Regulatory Changes, Compliance Requirements, and Business Impact
On January 1, 2025, Oman enacted the New Banking Law (Royal Decree 2 of 2025), replacing the Old Banking Law…
Dentons wins four awards at the emeafinance Middle East Banking Awards 2024
Dentons has secured four prestigious awards at the emeafinance Middle East Banking Awards 2024, held in Dubai on Wednesday 26…
13 Middle East practitioners rank among Lexology’s top 5% consulting experts worldwide
Global legal platform Lexology has released its Client Choice guide for 2025, placing the spotlights on the top 5% of…