Global law firm continues expansion in Dubai with latest hire
The global law firm Jones Day has has announced that it has continued the expansion of its Dubai Office with…
Legal
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DIFC Courts honours GCC justice
The DIFC Courts has made its first enforcement under the Protocol on Enforcement of Judgments, Letters Regulatory and Judicial Notices…
U.S. Sanctions key Iranian bank
The U.S. Treasury Department has slapped sanctions on Iran's third-largest bank and an affiliate for allegedly providing financial services to…
Islamic scholars listed as approving Goldman's Islamic Bonds actually not contacted yet
Goldman Sachs is facing fresh controversy, this time in the Islamic world, agencies report. In the prospectus for an Islamic…
Anti-money laundering role moved to DFSA
Dubai's financial regulator has had its remit extended to make it responsible for combating money laundering and terrorist financing. The…
UAE-based law firms bag “Best Islamic Law Firm of 2011” award
UAE based law firms; Agha & Co/Agha & Shamsi (the “Firms”) were awarded “Best Islamic Law Firms of 2011” by…
Bankers defend their finance mechanism
Islamic banks vehemently maintain that there indeed is a vast difference between their operations and those of their conventional counterparts…
Global law firm advises Emaar on financing deal
International legal practice Norton Rose (Middle East) said it had advised Emaar Properties on the Dh3.6 billion ($1 billion) Shariah…
Mystery of the missing $2 million in gold bullion
The head of an insolvent mortgage company unloaded $2.2 million in gold and silver from his car at a Rexdale…
Saudi hackers expose Israelis' credit cards
A group of Saudi hackers published on Monday the credit card information of 400,000 Israelis and said they are making…
Leading Islamic Finance Lawyer joins Baker Botts ME
A recognized leader in project and Islamic finance, Christopher Aylward, joined Baker Botts L.L.P. today as a partner in the…
When to Go Above The Boss's Head
In May of 2008, four members of Lehman Brothers' senior-level management received a letter from a 14-year company veteran, Matthew…