No exemptions on new lending limits on banks, says UAE central bank
The UAE central bank will not exempt any bank from a newly passed regulation that caps banks’ lending to local…
Legal
2651 articles found
HSBC Oman, OIB merger 'halted' in Oman
Oman's Ministry of Commerce and Industry has halted the merger of HSBC Oman and Oman International Bank (OIB) following an…
New financial watchdog announced as UAE prepares regulatory overhaul
The financial services industry in the United Arab Emirates is to undergo the biggest regulatory overhaul in more than three…
Middle East regulatory framework should attract fund management industry
The local regulatory framework in the Middle East should focus on inviting the fund management industry rather than making it…
Japan bank freezes Iran accounts after court order
A Japanese bank has halted transactions by the Iranian government after a US court ordered a $2.6 billion asset freeze…
UAE criminalizes bounced cheques
Issuing a cheque to a beneficiary when there are insufficient funds to clear that cheque is an offence when this…
Scandal Be Damned: Murdoch Banks $310 Million Thursday After News Corp. Profits Jump
The phone hacking scandal at Rupert Murdoch‘s News Corp. continues to chip away at the company’s bottom line — it…
Dubai Courts and DIFC Courts release their 2011 annual report
Dubai Courts have released their annual report in a shared ceremony with the DIFC Courts. During the event, which was…
No windfall from Qatar ban on Islamic windows
A year after Qatar ordered conventional banks to stop offering Islamic financial services, an expected windfall for its Islamic banks…
No windfall from Qatar ban on Islamic windows
A year after Qatar ordered conventional banks to stop offering Islamic financial services, an expected windfall for its Islamic banks…
Libyan wealth fund to appeal against asset seizure in Italy
Libya's sovereign fund said on Thursday it would appeal to recover around 1.1 billion euros of assets, including stakes in…
BLP launches Tel Aviv representative base
Berwin Leighton Paisner (BLP) has opened a representative office in Israel’s financial centre. The firm has launched an office in…