BLP promotes 11 partners across City, Abu Dhabi and Singapore
Berwin Leighton Paisner (BLP) has made up 11 lawyers to its partnership, a small drop on last year’s 13-strong promotions…
Legal
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New tax amnesty expected to boost foreign portfolio investments
The Turkish government expects to boost hot money inflow to Turkey with a newly announced annulment of a tax on…
Israeli bank sues three U.S. financial giants for $720m
Bank Hapoalim has filed a massive $720 million suit against Bank of America, Merrill Lynch and Countrywide over its losses…
Dubai International Capital strikes US$2.5bn debt deal
Dubai International Capital (DIC), the private equity arm of Dubai Holding, has sealed a deal with creditors to restructure around…
Macquarie targeted over rogue trader
A Macquarie Group subsidiary is being sued for alleged market manipulation of the shares in the defunct Bill Express following…
DFSA announces the delisting of DIB Sukuk Company Limited from the Official List of Securities
The DFSA announces the delisting of DIB Sukuk Company Limited (DIB) from the Official List of Securities following the announcement…
Baker & McKenzie Acts for Almarai in Sukuk Issuance
U.S. company Baker & McKenzie has acted for Almarai Company on the establishment of a $613.3 million (SR2.3 billion) sukuk…
Allen & Overy welcomes 23 to its partnership
Allen & Overy have announced 23 promotions to partner across 14 offices in 12 countries. Nearly 40% of new partners…
Oman to amend banking regulations
With the draft laws for Islamic banking almost complete, Oman will also alter its existing regulations for banking in the…
Nasdaq Dubai chief urges market revamp
Jeff Singer, the chief executive of Nasdaq Dubai, has called for a radical revamp of the UAE's stock markets to…
TID Sukuk removed from Nasdaq Dubai trading
Nasdaq Dubai yesterday announced the removal of TID Global Sukuk 1 Limited from admission to trading. The exchange said in…
Allen & Overy advises HSBC on first ever Saudi domestic Sukuk programme
Allen & Overy has successfully advised HSBC Saudi Arabia Limited (HSBC) as arranger and dealer on the establishment of Saudi…