Oman plans Islamic finance rules before year-end
A regulatory framework for Islamic finance is taking shape in Oman as government bodies move towards meeting the country's stated…
Legal
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Ex-bank convicted of $26m fraud in Bahrain
A Bahrain court has sentenced a former bank chief executive convicted of embezzling BD10 million to jail for four years…
CBB Holds second meeting with the Bahrain Association of Banks
The Central Bank of Bahrain and the Bahrain Association of Banks (BAB) had their second meeting this year to discuss…
Dubai SME names new legal adviser
Taylor Wessing (Middle East) has signed a memorandum of understanding with Dubai SME and Business Village, which confirms their place…
Law firm appoints Middle East managers
The UK law firm SNR Denton has announced a number of changes to its leadership team in the Middle East…
UBS has got itself into a royal pickle in Kuwait.
UBS has got itself into a royal pickle in Kuwait. The Swiss bank is fighting a claim that it failed…
UBS fights legal claim by Kuwaiti royal
The case of a Kuwaiti royal suing UBS for failing to pay him an agreed sum of $21.4 million returns…
Middle East Banking & Finance Expert Joins Hadef & Partners
Leading UAE law firm Hadef & Partners has announce today that renowned Middle East Banking & Finance expert Caroline O'Hare…
Dewey's Riyadh team resurfaces at Patton Boggs
Dewey & LeBoeuf’s Riyadh practice has joined Patton Boggs to set up a affiliate office for the US firm consisting…
Bahrain court adjourns trial of ex-CEO of bank
Bahrain’s High Criminal Court has adjourned the money laundering case filed against Majid Al-Refai, former chief executive officer of Bank…
Former Dewey Dubai partners take action to recover unpaid dues
A group of former Dewey & LeBoeuf Dubai partners have filed for creditor protection in the emirate's courts in an…
Egypt's parliament prepares Islamic banking regulations
Egypt’s parliament is drafting amendments to the country’s central bank law, including the creation of an interbank market for Islamic…