Citigroup Sues to Block Arbitration of Saudi Investors’ Claim
A Citigroup Inc. unit sued two Saudi investors seeking to block Financial Industry Regulatory Authority arbitration of their $383 million…
Legal
2651 articles found
Freshfields appoints regional managing partner for MENA
International law firm Freshfields Bruckhaus Deringer LLP has appointed Pervez Akhtar as MENA regional managing partner. He succeeds Bertrand Pellet,…
Wong and Partners acts as legal counsel to Aabar Investments PJ
Wong and Partners, the Malaysian member firm of Baker and McKenzie International, acted as legal counsel to Aabar Investments PJS,…
No plan to form national Sharia board: Sangour
The Central Bank of Oman (CBO) is not planning to set up a national-level Sharia board to regulate the proposed…
Leading International Lawyer Brings 40 Years of Dealmaking Experience to Moelis & Company
Moelis & Company today announced that David Cheyne has joined the firm as a Vice Chairman of EMEA Investment Banking,…
Middle East firms need UK Bribery Act compliance programmes, conference hears
Experts have warned that firms operating in the Middle East must implement robust anti-bribery programmes to offset the risks posed…
HSBC given priority in fight for assets of Al Gosaibi business family
HSBC, one of the largest creditors to the indebted Al Gosaibi business family of Saudi Arabia, faces a court battle…
Bank accounts of 14 Kuwait MPs to be frozen in bribery inquiry
An investigation into the bank accounts of several members of parliament has been expanded, it was reported yesterday. The politicians…
QFC Regulatory Authority issues statement on the conduct of unlicensed financial services
The QFC Regulatory Authority has issued a statement emphasising the importance of consumers ensuring that the firms they deal with…
Iran bank chiefs ousted in $2.6 bln fraud fallout
A $2.6 billion financial fraud that has shaken the government of Iranian President Mahmoud Ahmadinejad saw the heads of three…
Tamweel disputes to be moved into Dubai courts system
Disputes involving Tamweel, an Islamic home finance company based in Dubai, are being shifted to the emirate's courts and away…
Dubai reforms laws to boost SMEs
The Government is planning an overhaul of codes governing small businesses in an effort to aid entrepreneurs in setting up…