Ecobank faces $68m lawsuit over alleged defamation, coercion
Ecobank Transnational Incorporated (ETI), its CEO Jeremy Awori, and two other entities affiliated with the financial institution are facing a…
Legal
2649 articles found
SAMA signs agreement to bring Google Pay to KSA in 2025
The Saudi Central Bank (SAMA) has entered into an agreement with Google to bring its mobile payment service, Google Pay,…
ADGM’s Registration Authority fines Avante Limited and Director a total of USD 32,300
The Registration Authority (RA) of ADGM has fined Avante Limited (Avante), an ADGM registered entity, and Khaldoon Bushnaq (Bushnaq), Director…
Mbank signs an MoU with Meydan Management Services
Mbank has signed an MoU with Meydan Management Services in order to facilitate corporate account opening processes for businesses in…
Qatar Central Bank organises capacity-building programme with IILM
Qatar Central Bank organised, on Tuesday, November 12, 2024, a capacity-building programme with the International Islamic Liquidity Management Corporation (IILM)…
Addleshaw Goddard advises Effecta Compliance on sale of UAE & UK Businesses to ACA Group
The Dubai office of law firm Addleshaw Goddard has advised the founders of a leading regulatory consultancy business, Effecta Compliance…
Eversheds Sutherland advises on three major solar PV IPP projects with a capacity of 5.5GW in Saudi Arabia
AlDhabaan & Partners in association with Eversheds Sutherland and Eversheds Sutherland advised Saudi Power Procurement Company on the commercial close…
Former executive sues SHUAA Capital for $6mln in ‘unpaid labour dues’
A former executive of SHUAA Capital is suing the entity for labour dues of AED 22 million ($6 million). …
UAE Central Bank revokes licence of Muthoot Exchange for violating standards
The Central Bank of the UAE revoked the licence of Muthoot Exchange, an exchange house operating in the UAE and…
Ministry of Finance achieves advanced ranking in institutional resilience
This achievement aligns with government plans to enhance the UAE's flexibility in adapting to global developments. MoF ranks among the…
Walkers advised Saudi's drilling firm ADES Holding Company
Walkers Dubai have advised ADES on Cayman Islands law elements of the successful upsizing its existing syndicated facility by US$3…
Kuwait enacts law to enhance tax transparency
The Council of Ministers has issued Decree-Law No. 6 of 2024 concerning the exchange of information for tax purposes, which…