Need to build up confidence to promote Islamic finance globally
Although Malaysia has one of the most established and regulated Islamic finance frameworks, local financial institutions need to build up…
Legal
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Gulf Arabs shouldn't delay single currency – Qatar central bank official
Gulf Arab oil exporters should learn from the euro zone debt crisis but press on with their own monetary union…
PineBridge Investments to Establish MENA Headquarters in Bahrain
PineBridge Investments has announced that it has received a Category 1 license from the Central Bank of Bahrain, paving the…
UK to crackdown on tax dodging Gulf-based landlords
The UK is clamping down on Gulf landlords who have bought properties in Britain and have not declared the rental…
Latham and Watkins advises joint lead managers in the largest USD Sukuk offering
Latham & Watkins represented the joint lead managers in the State of Qatar's recent sovereign Sukuk. The $4bn…
Global Investment Management Industry Continues To Face A Regulatory Avalanche Of Disparate Rules: KPMG Report
In its fourth annual analysis of global financial regulations, KPMG, the audit, tax and advisory firm, says investment managers continue…
Barclays to leave UAE rate panel in 90 days – sources
Barclays, hit by the Libor scandal in Britain, will leave the rate-setting panel for interbank lending in the United Arab…
‘HSBC report pushes West to rethink alliance with Saudi Arabia’
A US Senate subcommittee has discovered that British banking giant HSBC gave money to a Saudi bank with suspected links…
Libor scandal forces Barclays from UAE rate panel
British bank Barclays plans to pull out of the rate-setting panel for interbank lending in the United Arab Emirates because…
Transparency in Corporate Reporting index ranks the world's 105 largest companies
Transparency International have ranked the world's 105 largest companies in their Transparency in Corporate Reporting index. Researchers evaluated each organisation…
Michael Jackson memoribilia part of U.S. case against African leader
The U.S. government’s recent filing in Los Angeles for civil forfeiture in an attempt to recover $71 million from Equatorial…
UAE Bank Law Frustrates Expat Women
The Central Bank in Abu Dhabi, in a move it hints is based on Islamic law, will not allow women…